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05-24-10 Council Agenda & Packet
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05-24-10 Council Agenda & Packet
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City Council - City Clerk
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b. Whether the estimate of the number of individuals who will be employed or <br />whose employment will be retained can be reasonably expected to result from the <br />proposed described redevelopment or rehabilitation. <br />c. Whether the estimate of the annual salaries of those individuals who will be <br />employed or whose employment will be retained can be reasonably expected to <br />result from the proposed described redevelopment or rehabilitation. <br />d. Whether any other benefits about which information was requested are <br />benefits that can be reasonably expected to result from the proposed described <br />redevelopment or rehabilitation. <br />(e) The Community and Economic Development Department's report shall also <br />have attached to it a copy of the petition and statement of benefits form and all <br />attachments thereto. <br />Sec. 2- 84.14. Review and recommendation by Council's Community And Economic <br />Development Committee. <br />(a) The Council's Community and Economic Development Committee shall examine, <br />review and conduct a public committee meeting concerning the petition and statement of <br />benefits, and declaratory resolution. Such meeting shall not be scheduled until the advisory <br />report from the Community and Economic Development Department Develepme has been <br />received by the City Clerk, the Council's Community and Economic Development Committee, <br />and the petitioner. <br />(b) The petitioner and /or its representatives shall be required to attend all such <br />committee meetings where such information is to be reviewed. The petitioner shall present <br />verbal and written evidence as to why it believes it should be granted the tax abatement sought. <br />(c) At the Committee meeting, the Committee shall specifically consider, among other <br />information provided by the petition, the commitment made to minority employment by the <br />petitioner during the past five (5) years and during the first five (5) years of tax abatement. <br />(d) Following questioning and review, the Committee shall take action on the request <br />and shall submit its recommendation to the Council as to whether the property qualifies as an <br />Economic Revitalization Area under the terms of this article and IC 6 -1.1- 12.1 -1 et seq. <br />Sec. 2- 84.12. Confirmatory resolution. <br />(a) "Following the legal publication and on the date published in the legal notice, a public <br />hearing on the confirmatory resolution shall be held by the Council. The petitioner and/or its <br />representative shall be present and shall be required to present evidence why it believes the tax <br />abatement requested should be granted, at which time the Council shall receive and hear all <br />remonstrances and objections from interested persons pertaining to the petition. At the public <br />27 <br />
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