Thursday, June 27, 2013

Truth Reports Elkhart Completes Abatement Review

From the Elkhart Truth:

City Council finished its annual reviewing of tax abatement agreements Tuesday night, June 25.

Council reviewed 22 agreements during two meetings to determine if the companies are meeting expectations in job growth, investment and related wages after being granted tax abatement in previous years.

Council did not vote to void any tax abatement agreements. In three instances, though, council failed to collect enough votes to pass a motion indicating they found the company to be in compliance with previously stated expectations.

On Tuesday, only five of the nine council members attended the meeting. To pass any motions, council had to have five votes.

In those three instances, a lack of a vote in support of or against is much like a “no recommendation,” said Barkley Garrett, director of economic development for the city.

The review by council will now be submitted to the Elkhart County auditor.

http://www.elkharttruth.com/article/20130625/NEWS01/706259845