Laserfiche WebLink
1 <br /> Human Resources and Ecomonic Development <br /> June 14, 1993 <br /> Page 4 <br /> approximately Forty Thousand Dollars ($40, 000. 00) each and <br /> that the total cost of redevelopment and rehabilitation is <br /> estimated at 1.4 Million Dollars. <br /> Council Member ' Slavinskas pointed out that the types of new <br /> jobs that would be created are significant and it was noted <br /> that an Act of Apprenticeship Program would be in effect. <br /> Council President Luecke stated that he believes this is a <br /> wonderful project, however, was concerned over whether it <br /> qualified for a ten (10) year abatement. Mr. Kastens stated <br /> that he would accept the wishes of the Council if a six (6) <br /> year abatement was granted. Council President Luecke also <br /> noted that substantial changes in the Resolution would be <br /> necessary since the personal property abatement form was <br /> utilized instead of the real property abatement. The <br /> Council Attorney noted that she would have an amended <br /> version of the Resolution ready for this evening's meeting. <br /> Following further discussion, Council President Luecke made <br /> a motion, seconded by Council Member Washington, that a <br /> Substitute Bill No. 93-51 granting a six (6) year real <br /> property abatement to be prepared by the Council Attorney be <br /> recommended favorably to Council. The motion passed. <br /> There being no further business to come before the <br /> Committee, the meeting was ajourned at 5:40 p.m. <br /> Respectfully submitted, <br /> Council Member Roland Kelly <br /> Chairperson <br /> Human Resources and Economic Development Committee <br /> attachments <br /> 1, <br />