06-08-15 Community Investment - Laserfiche WebLink

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Community Investment Committee Committee Members Present: Citizen Members Present Other Council Present: Others Present: Agenda: June 8, 2015 Gavin Ferlic, Dr. David Varner, Henry Davis Jr., Dr. Fred Ferlic None Tim Scott, Valerie Schey, Oliver J. Davis, Karen L. White Daryl Knip, Abonmarche, Denny Swartz, Petitioner, Gary King, Brock Zeeb, Chris Fielding, Jack Smith, Aaron Kobb, Brian Pawlowski, Sam Centellas, media, Kathy Cekanski - Farrand, Council Attorney, Janice Talboom, Deputy Clerk and one other member of the public. Bill 15 -33 5 year Residential Tax Abatement for Tampico Development for Crescent Oaks, Section 3 The Community Investment Committee was called to order by Chair Gavin Ferlic to give consideration to a request for residential property tax abatement for Tampico Development. Motion to accept the substitute version was made by Dr. Fred Ferlic and seconded by Gavin Ferlic. Brock Zeeb from Community Investment gave the presentation. This bill was substituted from the original bill due to the fact they were adding a couple more properties bringing the total amount of homes to 26. Located on the south side of the fairgrounds. A total of 3.9 million would be invested. He then introduced Darryl Knip from Abonmarche Consultants who in turn introduced Denny Swartz the developer from Tampico. Mr. Swartz said the properties were taken over from Weiss Development. He has had good conversation with the neighbors. Councilperson Valerie Schey asked a question about sidewalks but realized she had the wrong development. She meant Lafayette Square. Councilmember Varner said he was working on that one. Mr. Swartz said the paving was started and everything was going well. Dr. Fred Ferlic made a motion to send substituted bill 15 -33 to the full council with a favorable recommendation, seconded by Dr. David Varner. Motion to adjourn was made by Councilman Gavin Ferlic at 4:20pm.