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Qiamur Sr- <br /> part <br /> • <br /> Ma tit Menuaau &mu t of tit CV of itao fit <br /> HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE <br /> The February 22, 1988 meeting of the Human Resources and <br /> Economic Development Committee was called to order by its. <br /> Chairman, Councilman Steve Luecke at 5:00 p.m. in the <br /> Council informal meeting room. <br /> Persons in attendance included Councilmen: Niezgodski, <br /> Soderberg, Puzzello, Slavinskas, Zakrzewski, Coleman, Duda, <br /> Voorde, and Luecke; Barbara A. Keener, Hedy Robinson, James, <br /> Wensits, Keith Krueger, Ann Kolata, and Kathleen Cekanski- <br /> Farrand. <br /> Councilman Luecke then introduced members of the Committee: <br /> Councilman Lee Slavinskas, Vice Chairman, Councilman Loretta <br /> Duda, Councilman Sean Coleman, and himself as Chairman. <br /> Councilman Luecke then asked if there were any amendments or <br /> corrections to the minutes of the last Committee meeting. <br /> There were none. Councilman Luecke then noted that the <br /> first item on the agenda was to review Resolution No. 88-8 <br /> which would designate the property known as 411.West Indiana <br /> Avenue as an economic revitalization area for purposes of <br /> real property tax abatement. <br /> Hedy Robinson then reviewed the memorandum dated February <br /> 19, 1988 from the Department of Economic Development (copy <br /> attached) . It was noted that the project will maintain <br /> twenty permanent full time jobs and two existing permanent <br /> part time jobs. The project would also include changes both <br /> to the exterior and interior of the structure. The business <br /> • would include commercial printing and lithography, type <br /> setting and related work. It was further noted that the <br /> area in question is not within a tax abatement area, <br /> however, the project qualifies for meeting a specific SIC <br /> classification. <br /> The Council Attorney inquired as to whether the tax rates <br /> incorporated within the Resolution were correct and the <br /> Committee was advised that they were. Councilman Slavinskas <br /> questioned where the prior owner of the building was now <br /> located and was advised that Martin Machine had relocated to <br /> Roseland. <br /> It was further noted that the petitioner qualified for a <br /> three year real property tax abatement. Following further <br /> discussion Councilman Coleman made a motion seconded by <br /> Councilman Slavinskas that Resolution No. 88-8 be <br /> recommended favorably to Council. The motion passed. <br /> •v• ..... .. .. rust$•w$«• CO - <br />