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HomeMy WebLinkAboutCEDC Minutes 2003-05-07 RegularCommunity and Economic Development Committee Minutes May 7, 2003 The Community and Economic Development Committee met on Wednesday, May 7, 2003, in the 2nd floor conference room of City Hall, at 8:00 a.m. with the following members present: Chair Gregory Crinion, Maurice Estlinbaum, Gary Harris, Andy Massicott, and Zekie McVeigh. Also present were Councilmember liaison Tracy Goza and Chamber of Commerce President Carol Jones. Also present at the meeting was Wendy Slaton of Griffin Integrated Marketing. Staff members present were Karen Capps, Ron Cox, and Mike Hodge. Absent from the meeting were Tony Banfield, Sr., Kevin Candee, James Gerland, Brent Goswick, Bob Bertrand, Jim Reinhartsen, Dr. Sandra Mossman, and Trish Hanks. 1. Call to Order. Chair Crinion called the meeting to order at 8:07 a.m. with a quorum present. 2. Approval of Minutes. Andy Massicott made a motion to approve the minutes of the meeting of April 2, 2003. Zekie McVeigh seconded the motion and it carried unanimously. 3. Consideration and possible action regarding the application for incentives for Project 2003-2. A report on the proposed project was provided. A local resident who owns two companies - a masonry construction company and a safety supply rental company - wishes to relocate these two businesses to Friendswood and construct a 20,000 square foot building. The owner is seeking tax abatement on the building project. The project meets the minimum economic qualifications and is an authorized business allowed under the guidelines for tax abatement. The sub -committee previously reviewed the project and recommended the CEDC approve the abatement on the new value of the building. The company would agree to bring in new building values of $500,000, subject to city property tax abatement for a period of seven years. Additionally, the company would agree to have a collective total taxable value of at least $800,000, consisting of land, building, and business personal property for the duration of the tax abatement and be allowed a total of eighteen months from the commencement of the abatement to construct the building. Greg Crinion made a motion to approve the tax abatement for Project 2003-2. Gary Harris seconded it and it passed unanimously in the committee. 4. Discussion regarding Wet/Dry issue. Andy Massicott discussed the wet/dry boundaries, provided the committee with a map of the area under discussion, and, using various assumptions, identified those areas where alcoholic beverage permit holders might be able to be located. After discussion, and after recognizing that the Main Street area would be the focus of any change in the wet/dry ordinance, the committee decided to forward this information and prior work of the committee to the Main Street Task Force for further consideration. 5. Reports. Wendy Slaton provided a communications report and copies of press releases that were prepared during the month of April. The committee reviewed a draft brokers' survey that will be prepared and sent out through CLAEDF. Ms. Capps provided a progress report on current projects. 6. Adiournment. The meeting was adjourned at 10:00 a.m.