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HomeMy WebLinkAbout11-10-14 Community InvestmentCOMMUNITY INVESTMENT NOVEMBER 10 2013 Committee Members Present Other Council Present Others Present Gavin Ferlic, Henry Davis, Jr., Valerie Schey, Derek Dieter Karen White, Oliver Davis, Dr. David Varner, Tim Scott, Dr. Ferlic Patrick Mullen, Kathy Hahn, Dale DeVon, Tim Baker, Media 3:30pm Bill 14 -104- Designating Tax Abatement for Laura Carlson & Robert West/802 Napoleon Chairperson Gavin Ferlic opened the meeting. A presentation was given by Kathy Hahn and Dale DeVon from DeVon Builders. The taxes that would be paid and the taxes abated were both mentioned. Dr. Varner asked Dale DeVon if Mishawaka offers Residential tax abatements, he said no. Valerie Schey wanted to make sure the property was not in the Triangle, It's not. Dr. Ferlic mentioned that they need to look at what is considered a distressed area on a case by case basis. Need to have a discussion on TIF and distressed area boundaries. Dr. Varner mentioned that he would give away tax abatements all day long as an incentive for people to build and pay taxes on. The bill was passed as favorable. The meeting was adjourned by Chairperson Gavin Ferlic. Respectively submitted, l Gavin Ferlic, Chairperson of Community Investment