City Council Minutes 2012 01 03 - Laserfiche WebLink

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City Council Meeting Minutes January 3, 2011 Page 3 of 14 addition, the City Council may employ other special counsel such as a Water Attorney. All appointees serve at the pleasure of the City Council except for Municipal Judges who are appointed for a two-year term pursuant to Section 9-3 of the Charter. MOTION: Mayor Muckle moved to appoint the following officials: City Attorney— Light, Harrington & Dawes, P.C., and Water Attorney—Yates Law Firm. Municipal Judge-W. Bruce Joss, Deputy Municipal Judge - Jeffrey Cahn and City Prosecuting Attorney- Colette Cribari. The motion was seconded by Councilor Keany. All were in favor. City Clerk Varra swore in Municipal Judge W. Bruce Joss. Judge Joss then swore in City Attorney Samuel Light, Water Attorney Alan Hill, Deputy Municipal Judge Jeffrey Cahn and City Prosecutor Colette Cribari. City Attorney Light thanked the Council for the honor of serving the City and noted he feels fortunate to also live in the City of Louisville. Water Attorney Hill thanked Council for his appointment as Water Attorney for the last eight years. He voiced his appreciation for the confidence Council has shown in him. Prosecuting Attorney Cribari also thanked the Council for her appointment. RESOLUTION No. 1, SERIES 2012—A RESOLUTION APPROVING A BUSINESS ASSSISTANCE AGREEMENT WITH 100-MILE MERCANTILE, INC. FOR REINVESTMENT AND ATTRACTION OF A NEW RETAIL OUTLET AT 1817 HIGHWAY 42 IN THE CITY OF LOUISVILLE Mayor Muckle requested a staff presentation. City Manager Fleming explained the proposal is for an Economic Development Business Assistance Package (BAP)for 100-Mile Mercantile. The applicant, Tony Renfrow intends to establish a retail store in approximately 1,900 square feet located at 1817 Highway 42 in Louisville. 100-Mile Mercantile, Inc. will offer food, clothing, toys, kitchen items, furniture, and textiles. All products carried in the store will be sourced from local suppliers. The terms of the BAP are similar to other recently approved BAP's. Those terms are as follows: • The City would rebate 40% of the incremental sales tax revenues derived from the imposition of the City's 3.0% general sales tax over a three year period. • Incremental assistance would NOT be provided if 100-Mile Mercantile has not commenced operation on or before October 1, 2012. • The total assistance would be capped at $17,000.00. • The City would receive full permit fees and construction use tax. • The maximum three-year rebate would run concurrently with the opening and first three years of operation. • In the event that within 3 years of the commencement of the rebate term, this store terminates their business for any reason, Owner will pay back the total amount of sales tax rebated by the City.