12-18-95 Community & Economic Development

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tommttUt **port: Community and Economic Development Committee go tit tommott touiufl of the City of *outb 140: The December 18, 1995 meeting of the Community and Economic Development Committee was called to order by its Chairperson, Council Member Roland Kelly at 5:20 P.M.in the Council informal meeting room. Persons in attendance included Council Members: Kelly,Zakrzewski,Washington, Puzzello, Luecke, Coleman, Duda, Slavinskas, and Ladewski; Bill Eagan, James Lesko, Mary Booth, Bob Luan, Michael Trippel, Mike Beitzinger, Michael D. Kaser, Tom Hoffman,Jon Hunt, Don Porter, and Kathleen Cekanski-Farrand. The first item on the agenda was to review Bill No. 80-95 which would appropriate $100, 000.00 of UDAG Fund. Mr. Jon Hunt made the presentation. He noted that the $100, 000.00 appropriation of Urban Development Action Grant Monies would be a reimbursement into the Capitalized Predevelopment Fund. This would allow predatory work for market and/or feasibility studies,design,etc. Following discussion by the Committee, Council Member Washington made a motion, seconded by Council Member Zakrzewski that Bill No. 80-95 be recommended to Council. The motion passed. The Committee then reviewed Bill No. 81-95 which is a transfer ordinance transferring $12,760.00 among various accounts within the Department of Community and Economic Development.Mr.Hunt made the presentation.He noted that it would be transferred from the West Washington Housing Activity Fund to the Bivens House Move Activity Fund. Following discussion Council Member Washington made a motion, seconded by Council Member Puzzello that Bill No. 81-95 be recommended favorably to Council. The motion passed. The Committee then reviewed Resolution No. 95-105 which is a three real property tax abatement request for the property located 1024 South Main Street. Mike Beitzinger made the presentation of background information. He detailed the information provided in the memorandum dated December 8, 1995 which concluded that the proposed request meets the qualifications for a three real property tax abatement(copy attached). Mr. Mike Tripple the attorney for the petitioner then made the presentation on behalf of his clients M&K Associates.He noted that currently his client is going through a condemnation proceeding and that the tax abatement would assist his client in the new building which has an estimated cost of$200,000.00. Following discussion, Council Member Washington made a motion, seconded by Council Member Puzzello that Resolution No. 95-105 be recommended favorably to Council. The motion passed. The committee then'reviewed Resolution No.95-106 which is a five year personal property tax abatement request for the property located at 1215 South Walnut Street. Mr. Mike Beitzinger reviewed the memorandum dated December 11, 1995 which concluded that the petitioner meets the applicable tax abatement requirements.