Economic Development Commission

MINUTES ECONOMIC DEVELOPMENT COMMISSION May 11, 2017 PUBLIC MEETING approves the resolution, it will be forwarded to the 4:30 p.m. City Council for their consideration of an ordinance Conference Room #1 to adopt the Commission’s recommendation. Staff 120 East 8th Street recommends approval. Anderson, IN 46016 Mr. Lanane mentioned the administration MEMBERS PRESENT recommends approval also. Bill Nagengast, President Antony Bibbs, Vice President Mr. Williams stated they are moving from Mary Jamerson, Secretary / Treasurer Middletown to Anderson. They work at Operation Roger Reed, Member Love and attend Southern Heights Christian Church. They currently live in a split-level house, but will be MEMBERS ABSENT moving into a 1,853 sq. ft. ranch style house. Lisa Hobbs, Member Mr. Bibbs moved to approve Resolution EDC02-17. STAFF PRESENT Mrs. Jamerson seconded. Motion passed Tim Lanane, City Attorney unanimously; 4 yes, 0 no. April Phillips, Economic Development Staff Resolution EDC0 3-17 Resolution OTHERS PRESENT Recommending Residential Tax Abatement for Doug Whitham, City Controller Northbridge Homes, LLC, 6515 Blue Grass Gary and Darlene Williams Drive Mrs. Phillips explained Resolution #EDC03-17 is for Mike Leslie a residential tax abatement for Lot 5 in Apple Downs Addition, 6515 Blue Grass Drive. The improvements ROLL CALL AND DECLARATION OF to the property will be at an estimated cost of QUORUM $182,390. The request is for a three-year tax Mr. Nagengast called the meeting to order at abatement as it is not considered in-fill housing. 4:30 p.m. and declared a quorum with four (4) Construction will commence before December 31, members in attendance. 2017, for a single-family dwelling intended for human habitation. The area has unimproved lots and has MINUTES been undesirable for normal development and Mr. Reed moved to approve the March 9, 2017, occupancy due to a cessation of residential growth. minutes as received. Mr. Bibbs seconded. Motion The project will promote municipal development passed; 4 yes, 0 no. objectives by making effective use of the vacant lot and expanding the tax base. If the Commission BUSINESS approves the resolution, it will be forwarded to the City Council for their consideration of an ordinance to adopt the Commission’s recommendation. Staff Resolution EDC0 2-17 Resolution recommends approval. Recommending Residential Tax Abatement for Gary and Darlene Williams, 6523 Blue Grass Mr. Lanane mentioned the administration Drive recommends approval also. He thanked Bridgenorth Mrs. Phillips explained Resolution #EDC02-17 is for Homes for their investment in Anderson. a residential tax abatement for Lot 4 in Apple Downs Addition, 6523 Blue Grass Drive. The improvements Mr. Leslie stated the house will be a single-family to the property will be at an estimated cost of 1,730 sq. ft. ranch style house with a three car $219,545. The request is for a three-year tax garage. If this spec house sells before completion, abatement as it is not considered in-fill housing. they will immediately begin another. Construction will commence before December 31, 2017, for a single-family dwelling intended for human Mr. Reed moved to approve Resolution EDC03-17. habitation. The area has unimproved lots and has Mrs. Jamerson seconded. Motion passed been undesirable for normal development and unanimously; 4 yes, 0 no. occupancy due to a cessation of residential growth. The project will promote municipal development MISCELLANEOUS objectives by making effective use of the vacant lot and expanding the tax base. If the Commission Mrs. Phillips mentioned the next meeting is tentatively scheduled for June 8, 2017, at 4:30 p.m. ADJOURNMENT Mr. Nagengast adjourned the meeting at 4:40 p.m. Economic Development Commission (EDC): March 9, 2017 Page 2