HomeMy WebLinkAbout02-28-94 Community & Economic Development Conant* Zsport
COMMUNITY AND ECONOMIC DEVELOPMENT COMMITTEE
Zo the COMM toultcfl of Os tttg of south Stub:
The February 28, 1994 meeting of the Community and Economic Development
Committee was called to order by its Chairperson,Council Member Roland Kelly at
4:30 p.m.in the Council Informal Meeting room.
Persons in attendance included Council Members Luecke, Kelly, Puzzello,
Slavinskas, Zakrzewski, Coleman, Duda, and Ladewski: Mike Beitzinger, Don
Porter,Dave St. Claire and Kathleen Cekanski-Farrand.
Council Member Kelly noted that the first item on the agenda was to review
Resolution No. 94-17 which is a personal property tax abatement request for
• Midwest Embroidery Inc.doing business at 3600 McGill Street.
Mr. Beitzinger then reviewed the report dated February 16, 1994 from the
Department of Community and Economic Development "copies attached" The
petitioner manufacturers embroidered and screen printed garment to licensed and
premium industries. They will add eight(8) new embroidery machines at the cost
of $90,000,each, and one automatic screen print machine with a dryer at the cost of
$85,000. The total project cost is estimated to be $805,000.00. The project would
create 21 new jobs and a new annual payroll of approximately $310,000.00. This
would be in addition to the current 92 exsisting full-time permanent and part-time
jobs.
Mr.Dave St. Claire,the Vice President of the Company then showed a brochure of
the products manufactured by the Company (copy attached). He noted that the
Company has experienced a 50% growth rate per year for the past 11 years. In
response by a question raised by Council Member Luecke,it was noted that the life
expectancy of the equipment would average anywhere from 10-20 years unless
technology changes occured. The new equipment is 40% more efficient then the
current equipment. Currently the Company works a 16 hour day which will switch
to a 24 hour operation. He noted that service is throughout the continental United
States.
Followin g further discussion, Council Member Slavinskas made a motion,
seconded by Council Member Ladewski, the Resolution No. 94-17 be
recommended favorably to Council. The motion passed.
the Committee, the meeting was
There being no further business to
come before t g
adjourned at 4:40 p.m.
Respectfully submitted,
Roland Kelly
Chairperson, Community and Economic Development Committee
attachments
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