City Council Minutes 2019 12 17 - Laserfiche WebLink

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City Council Meeting Minutes December 17, 2019 Page 5 of 10 Councilmember Dickinson stated his support and hoped the Council will look at the other issues in the future. Mayor Stolzmann noted there is a problem in the schools with this and it says a lot that our business community is onboard with this change. Mayor Stolzmann closed the public hearing. Vote: Motion carried by unanimous roll call vote. RESOLUTION NO. 57. SERIES 2019 — A RESOLUTION APPROVING A BUSINESS ASSISTANCE AGREEMENT WITH FRESCA FOODS, INC. FOR AN ECONOMIC DEVELOPMENT PROJECT IN THE CITY OF LOUISVILLE Economic Vitality Director Pierce stated this is a Business Assistance Package (BAP) for Fresca Foods. Fresca Foods provides contract research and development and manufacturing services to the food manufacturing industry. They are creating two new production lines at one of their two facilities in Louisville. Fresca is performing about $150,000 in tenant finishing costs to support the new production equipment. Staff feels the project meets the following criteria: Retains jobs and employment opportunities, represents job diversity in industry sectors and is part of a growing industry, encourages the diversity of jobs or employment opportunities and conforms to the Comprehensive Plan. The proposed assistance would be 50% rebate of City Building Permit Fees along with 50% rebate of Building Use taxes for a total of $2,197.50 capped at $2,500. Public Comments Mark Oberholzer, 224 Hoover Ave, stated as chair for the BRaD Committee the committee supports the use of this tool in general and learned at a recent retention visit Fresca Foods is growing rapidly and we should encourage them to do so in Louisville. Councilmember Lipton moved to approve the Resolution No. 57, Series 2019, Councilmember Dickinson seconded. Mayor Stolzmann felt this was a good assistance package and wished Fresca Foods well with their project. Councilmember Leh stated he is impressed with the work Fresca is doing and exactly the kind of business we want in town and we want them to expand in Louisville. Voice vote: all in favor.