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HomeMy WebLinkAbout01-26-87 Human Resouces & Economic Development O Lmmntfl P itrport • HUMAN RESOURCES AND ECONOMIC DEVELOPMENT QJn tit Mumma Moonlit of tip (Entg of Bong #trnd: The January 26, 1987, meeting of the Human Resources and Economic Development - Committee was called to order by its Chairman, Councilman Eugenia Braboy, at 4:40 p.m. in the Council informal meeting room. Persons in attendance included Councilmen: Serge, Braboy, Beck, Voorde, Paszek, Zakrzewski, and Taylor; Ann Kolata, Ernest J. Szarwark, Hedi Robinson, Tracy Jacobs, Mr. Jackson, and Kathleen Cekanski-Farrand. Councilman Braboy noted that the purpose of the meeting was to review three (3) resolutions seeking tax abatement. Councilman Taylor noted that since he had another commitment, he would have to leave the meeting; however, he spoke in favor of granting all three (3) requests for tax abatement since it was his understanding that they all met the legal requirements. The Committee then turned its attention to reviewing Resolution 87-2 which would seek real property tax abatement for a three (3) year period for the property located at 2920 Sample Street and Resolution 87-3 which would seek personal property tax abatement for a period of five (5) years at 2920 Sample Street. Hedi Robinson from the Department of Redevelopment then gave the report. Mr. Eric Peterson, the Chairman of Peterson Printing, noted that currently they have operations at 746 South Arnold and that, with the expansion, six (6) new jobs would be created, seventy-seven (77) full-time jobs would be maintained, and eleven (11) part-time jobs would also be maintained. He further noted that there are currently two (2) labor unions in the companies with the average hourly rate for journeymen ranging from $14.70 to - $17.00 per hour. In response to questions from the Mayor's Minority Affairs . Council, Mr. Peterson stated that he would be willing to work with them in the area of minority affairs job opportunities. It was noted by the Council Attorney that Resolution 87-2 was an amended version. Following discussion by the Committee members, Councilman Puzzello made a motion, seconded by Councilman Serge, that the amended version of Resolution 87-2 go to Council favorably. The motion passed. Councilman Puzzello then made a motion, seconded by Councilman Serge, that Resolution 87-3 go to Council favorably. The motion passsed. Mr. Ernest Szarwark, an attorney with Barnes and Thornburg, then presented Resolution 87-4 which would seek real property tax abatement for a period of six (6) years for the property located at 213 West Washington Street. He noted that currently the property is owned by Valley Realty Trust. The project would totally remodel the old Americana Hotel and become a new Holiday Inn in the downtown area. He noted that one hundred fifty (150) new jobs would be created. Councilman Braboy voiced concern over the laid-off employees, and Mr. Szarwark informed her that those employees would be contacted by the new owner. Councilman also expressed concern over the completion date in light •we. .w... *4 Y. rust i.wtwa co Human Resources/Economic Development f January 26, 1987 Page 2 of the Special Olympics, and Mr. Szarwark stated that he would pass this information on to the new owners. Councilman Braboy also expressed concern over the former condition of the lobby area and hoped it would be substantially upgraded. Following further discussion by the Committee members, Councilman Serge made a motion, seconded by Councilman Braboy, that Resolution 87-4 go to Council favorably. The motion passed unanimously. There being no further business to come before the Committee, the meeting was adjourned at 5:25 p.m. Respectfully submitted, Councilman Eugenia Braboy, Chairman Human Resources and Economic Development Committee