10-13-86 Human Resources & Economic Development

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��yy Mu the Comm Maui& atilt (Mg affivid4 $,eti HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE The October 13, 1986 meeting of the Human Resources and Economic Development Committee was called to order by its chairman, Councilman Eugenia Braboy at 5: 15 in the Council informal meeting room. Persons in attendance included Councilmen Serge, Puzzello, Beck, Zakrzewski, Barcome, Paszek and Voorde; Ann Kolata, Don Inks, Ernie Zarwock, Jeff Gibney, Mel Reed, Mr. Chavez, members of the news media, Francis Kuzman, and Kathleen Cekanski-Farrand. Councilman Braboy noted that the purpose of the meeting was to review Resolution Nos. 86-57, 86-58, and 86-59. Ann Kolata then briefly reviewed a background information provided by Department of Redevelopment for Resolution 86-59 . She noted that the petition was for a five year personal property tax abatement for certain manufacturing equipment to be housed at 1220 South Main. The business was a minority owned business which would have eight full-time jobs with 80% to be minority. The equipment was for certain manufacturing of Mexican food items. Mr. Chavez, the co-owner of the operation and his attorney, Mr. Reed, then briefly set forth further background information. Councilman Barcome spoke in favor of the operation. Councilman Voorde complimented Mr. Inks and the Redevelopment staff on this project. Following further discussion by the Committee, Councilman Puzzello seconded by Councilman Barcome that Resolution 86-59 go to Council. favorably. Councilman Braboy then asked for the report on the Mastic Corp. Mrs. Kolata noted that Resolution 86-57 was a petition for a ten year tax abatement for the property located at 1507 South Olive. Resolution 86-58 was a request for personal property tax abatement for a five year period. Sixty new jobs would be created with 234 being retained for a new investment of $5. 3 million dollars. Mr. Ernest Zarwock then gave additional information and noted that Mr. Francis Kuzman, the Treasurer of the corporation was present. It was noted that the filing of the petition was incorrectly listed in the Redevelopment Report and that it should be September 20, 1986 and not September 5, 1986. After receiving several favorable comments from the Council, Councilman Barcome made a motion seconded by Councilman Ann Puzzello that Resolution Nos. 86-57 and 86-58 with favorable recommendations. The motion passed unanimously. Pw[• ►w[.. os4COas, PUULI.MIM6 CO.