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Human Resources and Economic Development Committee <br /> December 7, 1989 <br /> Page 4 <br /> if personal property was approved for abatement, and if the <br /> project qualified for a ten year abatement, the project <br /> would be approved for a six year abatement. <br /> Council Member Niezgodski stated that at initial review he <br /> liked the concept. <br /> Council Members Voorde, Zakrzewski, and Coleman voiced <br /> concern and stated it may result in a competitive <br /> disadvantage. Hedy Robinson agreed that it might be a <br /> competitive disadvantage. <br /> Following lengthy discussion, Council Member Luecke <br /> suggested that the concept be dropped. <br /> Council Member Luecke then reviewed the chart on real <br /> property tax abatement areas of investment. <br /> Warehouse development was then discussed. The question over <br /> job creation being used as a criteria has been included. <br /> The concerned citizen attending the meeting thanked the <br /> Council for having taken the time to review these important <br /> concepts. <br /> Council Member Luecke stated that a draft of the Ordinance <br /> would be prepared to be reviewed with members of the <br /> redevelopment staff. He noted that Mr. Jon Hunt would have <br /> been present, however, was absent due to illness. <br /> Following further discussion the meeting was adjourned at <br /> 6: 00 p.m. <br /> Respectfully submitted, <br /> Council Member Steve Luecke, Chair Person <br /> Human Resources and Economic Development Committee <br /> SL:srk <br /> Attachments <br />