02-26-96 Community & Economic Development

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Comm flits St port: Community and Economic Development Committee to Os Common (4untfl of ttjs City of ibotttb Osttib: The February 26, 1996 meeting of the Community and Economic Development Committee was called to order by its Chairperson, Council Member Sean Coleman at 5:00 P.M.in the Council informal meeting room. Persons in attendance included Council Members: Kelly, Zakrzewski, Washington, Varner, Luecke, Coleman, Pfeifer, Broden, Hosinski; Mary Booth, Sue Hodgson, Dr Carol Ecker, Kathy Dempsey, Mary Watsworth, Mike Beitzinger, Don Porter, and Kathleen Cekanski-Farrand. Council Member Coleman introduced Sue Hodgson to the Committee as a returning Citizen Committee Member. He noted that she works in the Mortgage Loan Department at Key Bank. The first item on the agenda was to review Resolution No. 96-18 which is a Resolution requesting a five year real property residential tax abatement request for Bob Luan doing business as B.L. Builders. Mr. Mike Beitzinger made the presentation. He reviewed the report from the Community and Economic Development Department dated February 19, 1996 which noted that the petitioner qualifies for a five year real property tax abatement. (copy attached) Mary Booth then made a formal presentation. She provided pictures of the areas in question and noted that she had recently driven the area and is excited about the development. She provided two handouts, one showing the types of style of homes that will be built ranging in square footage from 1092 square feet to 1400 square feet. She stated that the importance of tax abatement cannot be over stated. In the previous residential tax abatement for Emmerson Forest she noted that the petitioner plans to go in and build 10 houses at a time with those house ranging from$70,000.00 to$90,000.00. In response to a question raised by Council Member Luecke, it was noted that the development on South Phillipa Meade and West Indiana Ave. are all scattered and will have a broad based effect. Council Member Pfeifer noted that this is a positive enticement for residential development in the City. Council Member Coleman noted that pursuant to state law the City is allowed to designate 10% or 3.8 square miles for residential tax abatement. Currently, including the Emerson Forest Development, the City has designated 2.2%. The Council Attorney noted that Section II and III set forth the legal language necessary for residential tax abatement in light of the new state law which took effect in 1995. Following further discussion, Council Member Zakrzewski made a motion, seconded by Council Member Luecke that Resolution 96-18 be recommended favorably to Council. The motion passed. Council Member Coleman noted that Beth Leonard will be giving the City Office report tonight,focusing on Community Development Block Grants. •