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Council Member Broussard Vickers indicated it was her desire to make sure the <br /> first problem was taken care of prior to agreeing an extension. Mr, March <br /> indicated if the City agrees to a five (5) year tax abatement it would allow <br /> Northern Forest Products to expand in Centerville. The one (1) year tax <br /> abatement would allow for payment of the two (2) notes. <br /> Mayor Wilharber asked the Council if there were any more questions or <br /> comments. <br /> Mr. March asked what types of criteria the City may impose on a company in <br /> return for granting an abatement. Mr. Inman indicated that under a new contract <br /> the City could require jobs and any other requirements they desired. <br /> Mr. March questioned if it was in the City's best interest not to invest in <br /> equipment that could be moved to another community but invest in a building that <br /> cannot be moved. Mr. Inman said the City can propose anything in the contract <br /> however, the City must get the business to approve a contractual agreement. <br /> Mr. March asked Mr. Inman for a draft of a document Mr. Inman has used in the <br /> past and Mr. Inman agreed to forward same. <br /> Motion by Council Member Broussard Vickers to close the public hearing, <br /> seconded by Council Member Nelson. All in favor. Motion carried <br /> unanimously. <br /> Mayor Wilharber closed the public hearing at 6 :20 p.m. <br /> Council Member Broussard Vickers stated she had concerns regarding the <br /> previous problems and solving same. She also indicated her willingness to offer <br /> the one (1) year abatement with no contingencies and in the future, with <br /> expansion of the existing building extend the amount of time with contingencies. <br /> Council Member Sweeney indicated he would like to see examples of <br /> contingencies other cities require when granting tax abatements. He stated he <br /> would agree to the one (1) year tax abatement to correct the current problems. <br /> Council Member Nelson asked if the one (1) year abatement was a "done deal ". <br /> Mr. March indicated Council has approved the plan; however, the owner has not <br /> signed it. He indicated Northern Forest Products will accept the one (1) year <br /> abatement but will continue to look at other communities. <br /> Council Member Nelson stated she was concerned with setting a precedent for <br /> other businesses to request similar items of the City. Mr. Inman indicated the <br /> City may control the abatement by setting a policy and contingencies that must be <br /> complied with to grant an abatement. <br /> Page 3 of 22 <br />