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05-07-1992 ....,. 'WJI INDUSTRIAL DEVELOPMENT BOARD CITY OF EDGEWATER P.O. BOX 100 . EDGEWATER, FL 32032 CITY OF EDGEWATER INDUSTRIAL DEVELOPMENT BOARD REGULAR MEETING MAY 7, 1992 CONFERENCE ROOM, CITY HALL Chairman Martin called to order a regular meeting of the Industrial Development Board at 7:00 p.m., Thursday, May 7, 1992 in the Conference Room of City Hall. ROLL CALL: Si",\,> ./ present were Mrs. Swiney, Mr. Port~, Mr. Fong and Chairman Mr. Moonen and Mrs. Rymsza were reported excused. Also were Peter Hellsten and Sondra Meager-Pengov, Secretary. Members Martin. present APPROVAL OF MINUTES: The minutes of January 28, 1992 and February 4, 1992 were postponed for approval until the June 1992 meeting as there were not enough Board members present to vote. CONTINUED BUSINESS: A. Ad Valorem Tax Exemption and Impact Fee Schedule (Revised Ordinance from City Attorney) The Board reviewed the draft ordinance provided by Krista Storey, City Attorney and made changes and insertions they found necessary. There was considerable discussion on including an employee income range that potential employers would have to meet. It was later decided to eliminate the income requirements. NEW BUSINESS: A. Format P.I.D. Report Chairman Martin distributed a list of suggested topics for the report. After the Boards discussion, two members agreed to work independently on various topics for the development of a P.I.D. report. B. Review of Pomeroy Appraisal Report Chairman Martin reviewed the report and stated the land 1S valued at $.r:-'/ mi 11 ion. -S'otJ l. '1 ~ 5 ,. ..... ..." DISCUSSION ITEMS: The Board decided to schedule meetings or workshops to speed up the completion of the P.I.D. report. ADJOURNMENT: There being no additional business to corne before the Board, a motion and second was made to adjourn the meeting. The meeting adjourned at 9:00 p.m. Minutes respectfully submitted by: Sondra Meager-Pengov, Secretary Industrial Development Board Regular Meeting Thursday, May 7, 1992 -2-