HomeMy WebLinkAbout06-22-87 Human Resources & Economic Development OIinuntatt Evart
•
HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE
iIn Ibe Common Commit of ti{r 'Ettg of Soutii !intb:
The June 22 , 1987 meeting of the Human Resources and
Economic Development Committee was called to order at 5 :05 p.m.
in the Council informal meeting room.
` Persons in attendance included: Councilmen Taylor, Barcome,
Zakrzewski , Voorde, Puzzello, Serge and Braboy ; Don Inks and
Kathleen Cekanski-Farrand .
Councilman Braboy noted that the purpose of the meeting was
to review Bill No. 54-87 which would appropriate $287,500.00 from
the Economic Development State Grant Fund to be administered by
the Department of Economic Development .
Mr. Don Inks of the Department of Economic Development then
briefly reviewed the bill. He noted that grants would be awarded
by the State of Indiana for Sibley Machine & Foundry Corp. and
for Precision Tool "& Die. Between these two (2) projects , one
hundred fifty ( 150) new jobs will be created with a total
investment in the community of $4. 7 million.
Following discussion by the Committee, Councilman Serge made
a motion , seconded by Councilman Puzzello , that Bill No. 54-87
receive a favorable recommendation. The motion passed .
Under miscellaneous business, the Council Attorney briefly
updated. the Committee indicating that the new State law amending
tax abatement legislation will take effect July 1 , 1987. A more
detailed update will be given within the very near future.
There being no further business to come before the
Committee , the meeting was adjourned at 5: 15 p.m.
Respectfully submitted ,
Councilman Eugenia Braboy, Chairman
•
FREE FREER FURl1RNIRE CO. _