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<br />'"'" <br /> <br />~ <br /> <br />MEMO <br /> <br />DATE: October 6, 2000 <br /> <br />TO : Honorable Mayor and Council <br /> <br />FROM: Jim March <br /> <br />RE : Northern Forest Products Tax Abatement <br /> <br />************************************************************ <br /> <br />Included in your packet is a resolution that calls for an official tax abatement hearing on <br />November 8th in regards to a five-year tax abatement for the proposed Northern Forest <br />Products expansion. Also included in your packet is a timeline from Ehlers for putting <br />this abatement together. A hearing was published for this meeting to gather public input <br />on the proposed abatement prior to the official hearing. I am not anticipating any public <br />input on the issue. I will be working with Ehlers and Paul McDowell to establish the <br />proposed increase in taxable market valuation. These numbers should be available by the <br />Council meeting on October 25th. <br />