From the Elkhart Truth:
The Elkhart City Council began two nights of annual reviews of existing tax abatement agreements with local companies Monday night.
The council approved annual renewals for 12 companies Monday and will consider seven more Thursday night.
Monday’s meeting comes just a week after the council approved a new policy streamlining the process for companies that are substantially compliant in reaching specified goals involving wages, jobs and investment in real and personal property. Those companies along with firms that are in the first two years of an abatement no longer are required to attend the annual review when the council signs off on a two-page renewal form.
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Approval for renewal was granted to the following companies: Tenneco Inc., Thor Industries, Siemens Healthcare Diagnostics Inc., Elkview Properties, Flexible Concepts Inc., M-Tec (represented by Lippert Components), Lake Copper Conductors, Heartland RV, E.K. Blessing, Cleer Vision, NeXus RVs and Lippert Components.
The council will meet again Thursday at 6 p.m. In addition to two renewals carried over from Monday, the council will review forms from Indratech of Indiana, Roosevelt Center, Kem Krest Corporation, Dynamic Metals and KIK Custom Products.
http://www.etruth.com/article/20120626/NEWS01/706269956/0/FRONTPAGE
