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&I noon PP P�urt <br /> s , <br /> (UUv ft a Onmmcn alountt1 Df tip (Ong of Dout4I HUMAN RESOURCES AND ECONOMIC DEVELOPMENT <br /> COMMITTEE <br /> The May 9 , 1984 meeting of the Human Resources and Economic Development <br /> Committee was called to order by its Chairman, Councilman Eugenia Braboy at <br /> 4: 00 p.m. in the Council Informal Meeting Room. <br /> • <br /> Persons in attendance included: Councilmen Serge, Braboy, Beck, <br /> Puzzello, Taylor, Zakrzewski, Crone, Voorde, Jon... Hunt, Colleen Rosenfeld, <br /> Eugenia Schwartz, Jeff Gibney, Herman Lee, Glenda Rae Hernandez, Hedy Robinson, <br /> and Kathleen Cekanski-Farrand. <br /> Councilman Braboy noted that the purpose of the meeting was to <br /> discuss the background information to Bill No. 50,44 which would establish <br /> local' criteria for designating areas within the City as "a slum, blighted, <br /> deteriorated, or deteriorating area" for purposes of targeting areas for <br /> the use of Community Development Block Grant Funds , and a general discussion <br /> on tax abatement procedures. <br /> Colleen Rosenfeld then gave a. presentation to the Council on the <br /> "slum and blight criteria" . The Committee questioned several areas of the <br /> proposed bill with the primary discussion focusing" on the role of the Board <br /> of Public Works. Several Councilmen expressed concern over the current <br /> langugage, and Mrs. Schwartz gave background information to the bill since she <br /> had written it Following extensive questioning, the Committee agreed to meet <br /> on this bill again to continue discussion. Councilman Braboy also asked <br /> Mrs, Rosenfeld to give a written summary of her remarks for the Committee. <br /> Mrs. Braboy then shifted the Committee's attention to the discussion <br /> of tax abatement procedures. Two (2) handouts were presented to the Council, <br /> one entitled "Tax Abatement Process"', and the other a breakdown of the tax <br /> abatement petitions which would be heard by the Council at their meeting <br /> of May 14th. (Copies attached) <br /> • <br /> Jon Hunt noted that there had been a drop in assessed valuation this <br /> year. He also noted that tax abatement should be used as a valuable incentive <br /> but the Council should also be concerned with the fiscal situation of the <br /> entire City. Tax Incremental Financing and The Urban Enterprize Zone all <br /> will have an impact. <br /> Councilman Taylor and Councilman Beck. both stated that they preferred <br /> a: tax' abatement procedure with the minimum abount of criteria. Councilman <br /> Voorde thought that the utilization of SIC • Icriteria was beneficial, as well <br /> as using tax impact areas, and that perhaps the City should be looking at <br /> how- the proposed project would benefit the City as another area of review. <br /> Councilman Crone thought that we would be doing a disservice to the <br /> citizens by- not following the tax abatement guidelines established by the City. <br /> Either we should live with the guidelines or make appropriate changes. <br /> Councilman Serge thought that each petition should be checked out and reviewed. <br /> on its' own merits, Councilman Puzzello thought that tax abatement should be <br /> based on how- many. new jobs would be created and the new taxes, however was <br /> informed by the Council Attorney that State law requires that the primary <br /> focus be on the criteria of underutilization, blight, under-developed, etc. <br /> •.t[ •11[[[ GOEESPo ?USLISIONO CO. <br />