01-23-89 Human Resources & Economic Development

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Human Resources and Economic Development Committee 2-23-89 Page 3 The Committee then reviewed Resolution No. 89-13 which would designate the property known as Lot 5.3B Point Veridian Technology Campus an economic revitilization area for a six year real property tax abatement for Test Design, Inc. Hedy Robinson reviewed the report from the Department of Economic Development. Mr. Kevin Hughes from Project Future gave a presentation and noted that several of the Council Members had toured the area in question. Council Member Luecke noted that he was a part of the tour and voiced favorable comments with regard to the proposed six year real property tax abatement. Mr. Gerald J. Parsons the President of Communications Test Design, Inc. reviewed the history since 1975. They have grown to 16 facilities with over 500 employees and are privately owned. He reviewed a brochure which detailed CTDI, Inc. and a blueprint of the proposed building. He noted that employment would include electronic technicians which would have associate degrees and non skill employees for the warehousing operation. 18 person would be hired within the year and 35 if the business takes off. Council Member Luecke noted that a number of people would be relocating from the Lombart area. It was noted that 8 families would be relocating and that the same pay scale in in effect for facilities throughout the country. Following further discussion Council Member Slavinskas made a motion seconded by Council Member Coleman that Resolution No. 89-13 be recommended favorably to Council. The motion passed. There being no further business to come before the Council the meeting was adjourned at ,4:30 p.m. Respectfully submitted, Council Member Steve Luecke, Chair Person Human Resources and Economic Development Committee SL:srk