01-26-98 Community & Ecocomic Development

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Community and Economic Development Committee January 26, 1998 Page 3 relocated as opposed to residential uses. Mr.Hunt also added that he believes the Transpo site would be a good location for the Hardee's operation. Council Member Ujdak voiced concern that he does not have enough information on the proposed$1.8 million and would like to delay this measure. Following discussion, Council Member Broden made a motion, seconded by citizen member Sue Hodgson that Bill No. 10-98 be recommended favorably to Council. The motion passed. Council Member Pfeifer questioned whether other Council Members share the concern that they do not have enough information on this bill. Council Member Ujdak again reiterated that he believes more information is necessary on the proposed$1.8 million for downtown renovation and development and is also concerned about the potential players. The Committee then reviewed Bill No. 98-8 which is a request for the property located at 1010 Prairie Avenue for a five year personal property tax abatement. Mr.Mike Beitzinger made the presentation. He noted that the petitioner is Huckins Tool and Die Company Inc. for a total project cost of$157,000. Mr.Beitzinger then reviewed the report dated January 12, 1998 concluding that the petitioner meets the criteria for the five year personal property tax abatement(copy attached). Mr. Kenneth Rybicld,President of the Company,was available for questions. Following discussion, citizen member Sue Hodgson, made a motion seconded by Council Member Pfeifer that Bill No. 98-8 be recommended favorably to Council. The motion passed. The Committee then reviewed Bill No. 98-9 which is a request for five year residential real property tax abatement for Affiance Associates. Mr. Mike Beitzinger reviewed the report dated January 19, 1998 which noted that the petitioner would develop 17 new single family residents in Lilac Trails subdivision. The project meets the regulations in this area(report attached). Laura Smith and Mr. Ed Levy then spoke on behalf of the proposed tax abatement. Mr. Levy noted that there is interest with property tax abatement as offered. Mr. Levy, in response to a question raised by Council Member Aranowski, assured the Council Members that notice of the tax abatement program would be given to all owners. Following discussion, Council Member Pfeifer made a motion seconded by Council Member Broden that Bill No. 98-9 be recommended favorably to Council. The motion passed. The Council Attorney noted that this bill and the next bill,namely Bill No. 98-10 included a new Section II which sets forth a criteria established by the Common Council in Ordinance No. 8845 which was passed on December 8, 1997.