08-30-84 Human Resources & Economic Development

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titmmmtttn Squirt en the Common Qlounrtt of t1, fdttg of Omni NEttit HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE The August 30, 1984 meeting of the Human Resources and Economic Development Committee was called to order by its chairman, Eugenia Braboy at 4:00 p.m. in the Council informal meeting room. Persons in attendance included: Councilmen Braboy, Paszek, Taylor , Crone, Voorde, Puzzello, Serge, and Beck, Zakrzewski and Serge, Jan Jankiel of the Chamber of Commerce, Eugenia Schwartz, Jon Hunt, Hedy Robinson, Ann Kolata, Irene Gammon, JoAnn Harper, Don Inks , members of the news media and Kathleen Cekasnki-Farran.d._ Councilman Braboy noted that the purpose of the meeting was to continue.a the. discussion of the tax abatement procedure. ordinance. The Committee focused on the following items for review: a general cleanup of language in the ordinance, a section addressing TIF, a section designating tax abatement impact areas, review of the SIC classifications, review of the petition forms, a review of the project description in light of negotiated tax abatements . A. considerable amount amount of time was spent on the pros and cons of negotiated tax abatements and possible procedures -to address them. Councilman Taylor stressed throughout the meeting that the. Common Council has the final authority in this area and he. recommended as much flexibility as possible. Mr. Jankiel of the Chamber of Commerce related his past experience. from Buffalo, New York.. He thought that the present ordinance. regarding the three major classifications for tax abatement was both practical and reasonable. He believed that these standards should not be changed. The. Committee had a full discussion on the job criteria and whether the current standard of 100 new permanent jobs should be changed. There was discussion on lowering the number, and also on including "new or retained jobs'." The Committee also spent a considerable amount of time discussing the redrawing of lines for tax abatement areas .. Jon Hunt noted that the. Council should be aware of all public incentives being given to a developer when seeking tax abatement. It was recommended that the Committee meet again on September 10th when a preliminary draft of the new tax abatement ordinance would be reviewed. Following further discussion Councilman Beck made a motion seconded by Councilman Puzzello- that the meeting be. adjourned. The. meeting was adjourned at 4:40 p.m: Respectfully submitted, Eugenia. Braboy, Chairman FREE Mfff . PU•LISHING CO.