HomeMy WebLinkAbout07-26-10 Community & Economic Development CommitteeY;;J~ ~'j;~?9'
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~~ ~'a ~~" COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE
JULY 26, 2010
Chairperson Timothy Rouse called the Community and Economic Development
Committee meeting to order at 4:20 p.m.
Committee Members Present: Timothy Rouse, Ann Puzzello, Karen White, Henry Davis
Other Councilmember's Present: Derek Dieter, Tom LaFountain, David Varner, Al
Kirsits, Oliver Davis
Other's Present: Kathy Hahn, Don Inks, David Relos, Jeff Vitton, Michael Calhoun,
Kathleen Cekanski-Farrand, Rita Kopala
Agenda: Bill No. 10-28- Tax Abatement -Real Property -McCormick & Co.
3425 Lathrop
Bill No. 10-29 -Tax Abatement -Personal Property -McCormick & Co.
3425 Lathrop
Bill No. 10-38 -Airport Economic Development Area (AEDA)
Chairperson Rouse noting a quorum present declared Bill Nos. 10-28 and 10-29 asking
abatement for real and personal property respectively would be considered jointly. For a
presentation Chairperson Rouse allowed Kathy Hahn filling in for Bob Mathia of the
city's economic development department to proceed. Ms. Hahn said that McCormick
was proposing an expansion of their present facility by 50,000 square feet at a total cost
of over $5.8 million dollars for both building and equipment. The real property
abatement would run 6-9 years depending on a point scale that could vary depending
upon f nalization of criteria in the application. The personal property request is limited to
five years by statute. She went on to indicate 123 existing jobs would be retained, five
new jobs would be created, and a $6.3 million dollar annual payroll would be preserved.
Chairman Rouse then called upon Michael Calhoun, plant manager of the local
McCormick facility, to add comment. Mr. Calhoun said a final decision to expand
production here or in another 72 unit senior housing in LaSalle Square Jeff Vitton of
Economic Development fielded some technical questions concerning the LaSalle
development saying Council approval would allow construction start-up in late spring of
2011. Councilmember White moved Bill No. 10-38 move favorably to full Council.
Councilmember Puzzello seconded and all concurred.
Under miscellaneous Chairperson Rouse said he received a request from the Mayor to set
Bill No. 10-25 for consideration on the October 11, 2010 meeting of the Council. The
Council would act on this request during the unfinished business section of this evening's
agenda.
There being no further business to come before the Committee, Chairperson Rouse
adjourned the meeting at 4:34 p.m.
Respectfully Submitted,
t
Timothy A. R fise hairperson
Community an conomic Development Committee