From the Elkhart Truth:
All but one of 19 tax abatement renewals were approved by the Elkhart City Council this week.
The only company not to win approval of the council was Dynamic Metals, which moved out of the city limits to another nearby location last year.
The council voted Thursday to find the company not in compliance with the agreement and set a public hearing for July 16 to formally vote on whether to deny benefits, said Barkley Garrett, director of economic development for the city.
Company representatives did not attend Thursday’s meeting.
Garrett said he believes the renewal paperwork was filed in error by the company and believes the council will vote to deny benefits when it meets July 16.
Garrett said he believes the renewal form, known as a CF-1, was filled out by the company not realizing it would no longer qualify since the company is no longer located in the city.
The company had been at 1937 Sterling Ave., but has since moved to Highland Boulevard just north of the city.
The tax abatement agreement was established in 2007.
Thursday’s meeting was the second of two meetings called by the council to review the renewals.
The council on Thursday approved abatement renewals for the following companies: Indratech of Indiana, Elkhart Senior Housing, Roosevelt Center, Kem Krest and Indiana Circle and KIK Custom Products.
The council approved 12 other existing agreements on Monday night.
http://www.etruth.com/article/20120630/NEWS01/706309954/0/FRONTPAGE
