Laserfiche WebLink
e <br /> specializing in specific areas. It was noted that <br /> construction is hoped to begin within one week with delivery <br /> of space by next January of 1989. Approximately $1.50 per <br /> square foot would be added if the tax abatement would not be <br /> granted. <br /> Councilman Slavinskas noted that the tax abatement petition <br /> must be filed before seeking a building permit in such <br /> instances. <br /> Councilman Voorde spoke in favor of tax abatement for the <br /> area in question. Councilman Luecke, however, stated that <br /> enlarging the impact area would send a mixed message to the <br /> surrounding neighborhood. Councilman Coleman agreed with <br /> Councilman Voorde that the boundaries should be extended to <br /> Bartlett and that zoning should be used as a mechanism to <br /> protect the surrounding neighborhood. Councilman Duda <br /> preferred a three year tax abatement based on the concept of <br /> the additional costs relative to the sky walk. She stated <br /> that specific policies and procedures should be developed in <br /> order to enlarge the current boundaries. The Council <br /> Attorney specifically requested what duration of tax <br /> abatement they were seeking that being 3, 6 or ten years. <br /> The developers stated that they interested in any type of <br /> tax abatement and then passed out a tax abatement proposal <br /> for Memorial Sky way Plaza (copy attached) . The Council <br /> Attorney further noted that the new Council members perhaps <br /> should review the minutes of the rezoning hearing held last <br /> fall on this same property. She also noted that to the best <br /> of her recollection there were only two tax abatements <br /> brought before the Council that were approved which were <br /> granted based on extraordinary costs: one involving the <br /> relocation of a retention basin and the other involving the <br /> extraordinary costs involved with certain railroad <br /> structures. <br /> Councilman Slavinskas stated that he believed that tax <br /> abatement should be used as an incentive to locate within a <br /> specific area. The only possible tax abatement he would <br /> consider is the possibility of the extraordinary costs of <br /> the sky walk which may qualify for the minimum tax <br /> abatement. <br /> Councilman Luecke also stated that he may support the <br /> proposed project as qualifying under the exceptions and <br /> therefore may consider a three year tax abatement. <br /> 2 <br />