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HomeMy WebLinkAbout06-06-01 Community & Economic Development QCommitt a *oat: ctommuuttt art4 gnomic a eionmt-tit Committee The June 6, 2001 meeting of the Community and Economic Committee was called to order by its Chairperson, Council Member Roland Kelly at 4:00 p.m. in the Council Informal Meeting Room. Persons in attendance included Council Members: King, Varner and Kelly; Citizen Member Kevin Hunter, Jon Hunt, Don Inks, Michael Beitzinger, Terry O'Brien, Don O'Blenis, Eric Brown, and Kathleen Cekanski-Farrand, Council Attorney. Jon Hunt and Council Member Karl King then distributed their handouts to the Committee (copies attached). It was noted that the documents were intended to be "food for thought". Council Member King noted that the city of Kalamazoo requires 2/3's local commitments of its companies which receive abatements. Dr. Varner inquired what the overall incentive was for each proposed category. Council Member King noted that it was similar to having plain vanilla ice cream and then selecting toppings for it. ki&ORposed that there be a base-line tax abatement which would be available for meeting basic A . Additional years of abatement would be based on additional criteria being met. He noted Moto a petitioner would be required to meet a minimum criteria in order to be considered for abatement. Once the minimum threshold was met, then the petitioner would have to meet a number of parts out of each category for bonus tax abatement years to be added. Mr. Hunt stated that the Committee would need to bring other people into the process for input. Council Member King suggested meeting with Pat McMahon for guidance for example. Council Member Kelly noted that we need to explore many avenues as we develop overall economic development guidelines that meet the needs of our community. It was suggested that Don Inks prepare a summary of how effective the current tax abatement process is working for the next meeting. Council Member Kelly suggested that the next Committee meeting be held on Wednesday, June 27th at 4 p.m. There being no further business to come before the Committee, Council Member Kelly adjourned at 5:12 p.m. Respectfully submitted, Council Member Roland Kelly, Chairperson Community and Economic Development Committee KCF:kmf