07-14-97 Community & Economic Development

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Community and Economic Development Committee 90- t!w Comaao i ((�oimed ff.t & air gf efout4 2,ad.• The July 14, 1997 meeting of the Community and Economic Development Committee was called to order by its Chairperson, Council Member John Broden at 4:30 p.m. in the Council informal meeting room. Persons in attendance included Council Members: Aranowski, Pfeifer, Kelly, Broden, Varner, Ujdak, Coleman, Hosinski, Sniadecki; Beth Leonard, Mike Beitzinger, Carl Littrell, Buddy Addis, Dennis Bamber, Lee Cotton, Mary Boothe, Bob Price, Mr. Wojtysiak,Terry Bland,and Kathleen Cekanski-Farrand. Council Member Broden noted that the first item on the agenda was to review Bill No. 60- 97 which would transfer $99,000 among different accounts within the Department of • Community and Economic Development Committee. Beth Leonard made the presentation. She noted that program income,lease purchase and Section 108 payment line items would be reduced with the total of $99,000 being transferred to the following accounts CCA Building Rehab, HDC Reward, KO-OP 65 Operations, Dismas House Operations, and LaCasa de Amistad Roof Repairs. Following discussion, Council Member Sniadecki made a motion seconded by Council Member Pfeifer that Bill No. 60-97 be recommended favorably to Council. The motion passed. The Committee then reviewed Bill No. 97-49 which is a tax abatement for real property requesting a reconfirmation of the Emerson Forest Development. Mike Beitzinger,Economic Development Specialist,reviewed the Department report dated June 25, 1997(Copy Attached) which noted that the overall cost of the development is 2.4 million dollars with each cost averaging$90,000. The report concluded that the petitioner qualifies for a five year real property tax abatement under applicable law. Mary Boothe then made a further presentation on behalf of BL Builders Inc. doing business in Emerson Forest. Following discussion, Council Member Coleman made a motion seconded by Council Member Pfeifer that Bill No. 97-49 be recommended favorably to Council. The motion passed. The committee then reviewed Bill No.97-50 which is a 10 year real property tax abatement request for Dennis Babmer Inc. doing business as The Woodwind and The Brasswind located in the Industrial Park. Mr. Mike Beitzinger reviewed the June 30, 1997 report (Copy Attached). The report noted that the petitioners distribute musical instruments and accessories on a worldwide basis. Total project cost is over $4.4 million with 10 new permanent jobs being created in the first year. The report concluded that the petitioner qualifies for a 10 year real property tax abatement. •