Economic Development Commission

MINUTES ECONOMIC DEVELOPMENT COMMISSION July 10, 2014 the property will be at an estimated cost of PUBLIC MEETING $170,000. The request is for a three-year tax 4:30 p.m. abatement with construction commencing Conference Room #1 before December 31, 2014, for a single-family 120 East 8th Street dwelling intended for human habitation. This is Anderson, IN 46016 not considered infill housing; therefore, it does not qualify for a six-year tax abatement. The MEMBERS PRESENT area has been undesirable for normal Gracie Suko, Secretary / Treasurer development and occupancy due to a cessation Dr. David Markle, Member of residential growth and development. The Robin Wagner, Member area consists of unimproved lots. The project will further promote municipal development objectives by making effective use of the vacant MEMBERS ABSENT lot and expanding the tax base. If the Bill Nagengast, President Commission approves the resolution, it will then Pam Jones, Vice President be forwarded to the City Council for their consideration of an ordinance to adopt the STAFF PRESENT Commission’s recommendation. Ashley Hopper, City Attorney Michael Frischkorn, Deputy Director Mr. Dailey stated the living space is April Phillips, Economic Development Staff approximately 1,800 sq. ft. with an enclosed Karen Pettigrew, Economic Development Staff porch and two-car garage. OTHERS PRESENT Mr. Frischkorn mentioned that this is the first Sharon Dailey request in several years for new construction in Robert Dailey this subdivision. Jim Abbott Etta Abbott Mrs. Suko asked how many lots were available Josh Campbell for development. Theresa Zapfe Ms. Pettigrew thought it was about 15. ROLL CALL AND DECLARATION OF QUORUM Ms. Wagner explained the available lots were Mrs. Suko called the meeting to order at outlined in red on the map. 4:30 p.m. and declared a quorum with three (3) members in attendance. Dr. Markle moved to approve Resolution #EDC04-14. Ms. Wagner seconded. Motion MINUTES passed unanimously; 3 yes, 0 no. Ms. Wagner moved to approve the April 16, 2014, minutes as received. Dr. Markle Resolution #EDC05-14 Resolution seconded. Motion passed unanimously; 3 yes, 0 Recommending Residential Tax no. Abatement for James & Etta Abbot BUSINESS Mr. Frischkorn explained the resolution is for a Resolution #EDC04-14 Resolution residential tax abatement for the Southmain Recommending Residential Tax Village West Section 3 Subdivision. The property Abatement for Robert & Sharon Dailey is located on Lot 176B. The improvements to the property will be at an estimated cost of Mr. Frischkorn explained the resolution is for a $180,000. The request is for a three-year tax residential tax abatement for the Southmain abatement with construction commencing Village West Section 3 Subdivision. The property before December 31, 2014, for a single-family is located on Lot 176A. The improvements to dwelling intended for human habitation. This is not considered infill housing; therefore, it does not qualify for a six-year tax abatement. The Ms. Wagner moved to approve Resolution area has been undesirable for normal #EDC06-14. Dr. Markle seconded. Motion development and occupancy due to a cessation passed unanimously; 3 yes, 0 no. of residential growth and development. The area consists of unimproved lots. The project will further promote municipal development objectives by making effective use of the vacant MISCELLANEOUS lot and expanding the tax base. If the Mrs. Phillips mentioned the next meeting would Commission approves the resolution, it will then be August 14, 2014. be forwarded to the City Council for their consideration of an ordinance to adopt the ADJOURNMENT Commission’s recommendation. Dr. Markel made a motion to adjourn. Ms. Wagner seconded. Meeting adjourned at 4:39 Mr. Abbott stated the house is approximately p.m. 1,900 sq. ft., with three-bedrooms, a two-car garage, and a sunroom. Dr. Markle moved to approve Resolution #EDC05-14. Ms. Wagner seconded. Motion passed unanimously; 3 yes, 0 no. Resolution #EDC06-14 Resolution Recommending Residential Tax Abatement for Joshua Campbell and Theresa Zapfe Mr. Frischkorn explained the resolution is for a residential tax abatement for the Paramount Springs Subdivision. The property is located at 2917 Sonnet Drive. The improvements to the property will be at an estimated cost of $155,685. The request is for a three-year tax abatement with construction commencing before December 31, 2014, for a single-family dwelling intended for human habitation. This is not considered infill housing; therefore, it does not qualify for a six-year tax abatement. The area has been undesirable for normal development and occupancy due to a cessation of residential growth and development. The area consists of unimproved lots. The project will further promote municipal development objectives by making effective use of the vacant lot and expanding the tax base. If the Commission approves the resolution, it will then be forwarded to the City Council for their consideration of an ordinance to adopt the Commission’s recommendation. Mr. Campbell stated this is an approximately 2,300 sq. ft. house with three-bedrooms, three bathrooms, and a three-car garage. Mrs. Suko asked if this was their first house. Mr. Campbell answered yes. Economic Development Commission (EDC): July 10, 2014 Page 2