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August 21, 1995SCHERTZ DEVELOPMENT COMMISSION MINUTES AUGUST 21, 1995 SCHERTZ MUNICIPAL COMPLEX The Schertz Development Commission convened in Regular Session on Monday, August 21, 1995, at 7:00 p.m. in the Municipal Complex Conference Room, 1400 Schertz Parkway, Schertz, Texas. MEMBERS PRESENT Bob Vallance W.J. Sweatt Byron Williams Ben Davis Harry Richburg Tony Moreno Jeff Zunker Jackie Jones Henry Gutierrez MEMBERS ABSENT Eric White Juan Thorn Bruce Hammersla Lew Borgfeld STAFF PRESENT: .Kerry. R. Sweatt, City Manager Mark Marquez, Coordinator Margie Montanez, Recording Secretary CALL TO ORDER: Bob Vallance called the meeting to order in the absence of the Chairman at 7:00 p.m. Roll was called by Mark Marquez. WELCOME NEW MEMBERS: Vice Chairman, Bob Vallance and Mark Marquez welcomed new members, Jeff Zunker, Byron Williams, Ben Davis, and Henry Gutierrez. APPROVAL OF MINUTES: 10-13-94 11-10-94 11-23-94 4-06-95 6-01-95 Copies of the minutes were sent to members for review before this meeting. Replacement copies for the November 23, 1994 meeting were passed out to members. W.J. Sweatt made a motion to approve the minutes as presented, Harry Richburg seconded the motion. Motion carried unanimously. TAX ABATEMENT: VESTAL STEEL Mark Marquez presented the request from Vestal Steel for a tax abatement. He directed the members to the prepared package submitted for their review and proceeded to explain what the company manufactures and their plans for construction. Mark Marquez proceeded to briefly discuss the evaluation of tax abatement .and dollar values for the Vestal Steel project (copy included in members package). Bob Vallance and Ben Davis both agreed that it looks like a very good business deal. Harry Richburg made a motion to recommend that City Council approve a 50.82 tax abatement on Captial Improvements for Vestal Steel Specialties, Inc. Kerry Sweatt asked Mr. Vestal if he could tell us what other companies were interested in this property being developed. Mr. Vestal stated he has received firm commitments from a concrete contractor, a small trucking terminal, and a company that repairs, installs, takes down, and paints and changes lights and towers. He also has an electrical contractor. Mark Marquez indicated to the members that there is a copy of the plat in their package that outlines the individual lots in the development. TAX ABATEMENT - ALAMO HOLLY Mark Marquez presented the request from Alamo Holly fora tax abatement. He directed the members to the prepared package submitted for their review as he proceeded to explain what the company manufactures and their plans for construction in the Tri-County Business Park. Mark proceeded to briefly discuss the evaluation of tax abatement and dollar values for the Alamo Holly project (copy included in members package). Mark Marquez added that Mr. Palmer requested a variance and directed the members to the copy of a table that shows the different percentages available to get to the same dollar amount of the .cost of the abatement for a six-year term. W.J. Sweatt asked Mark Marquez if Mr. Palmer had seen the variance table. He indicated he hadn't talked it over with him. Mark Marquez did indicate that he told Mr. Palmer that 50~ for 8 years or 100 for 4 years was not going to happen but that he would come up with an alternative. Harry Richburg stated his concern was if the company was still going to be in place in four years. Mark Marquez indicated that even if he left the day after the building is built, the City gets all the taxes on that building regardless. What the City doesn't get is the personal property taxes that we would have collected from Mr. Palmer, but personal property taxes are not abated. Kerry Sweatt stated that an agreement such as this was less valuable to him than one that is stretched out over the six year period because the tax values would have probably increased so that the value of 50~ abatement might be worth more the fifth year than it was the second year. Mark asked the members for a recommendation to approve the abatement for the Alamo Holly project. Ben Davis made a motion to approve the tax abatement and W.J. Sweatt seconded the motion. Motion carried unanimously. Mark asked the members for a recommendation to approve the variance changing the abatement period from six years to four years. Ben Davis made a motion to approve the variance and Byron Williams seconded the motion. Motion carried unanimously. UPDATE ON BUSINESS APPRECIATION DINNER W.J. Sweatt asked the members to mark their calendars for 21 September. The Commission members will serve as greeters. A meeting with the decorating committee was held and a "Hawaiian" theme was decided. Letters to the food vendors were sent out and negotiations on cost will be conducted after 1 September. W.J. asked Mark if he received a response from the speaker. Ms. Arnette, Executive Director, Dept. of Commerce, would not be able to attend. The speaker will be W. Wayne Lanford who will speak on changes that will take place in the Dept. of Commerce, what things will look like in the future, NAFTA, etc. STAFF DIRECTOR COMMENTS Mark Marquez thanked Mr. the 4th of July Jubilee. increase in revenues over -.thatw.. next year we place the viewers to see. Zunker for the display he donated for The display was instrumental to our last year. Harry Richburg suggested price tags in front of the items for COMMISSION MEMBER COMMENTS Kerry Sweatt mentioned the subject of the floor display that is under consideration for purchase and asked Byron Williams to expand on the subject. Mr. Williams has experience in graphics and displays. He provided some information on what he could provide to the Commission to review. Mark Marquez and Bryon Williams have agreed to meet to discuss in more detail. CHAIRMAN'S COMMENTS No other comments. SET NEXT MEETING DATE The next meeting date was set for 19 October 1995. ADJOURN With no further business the meeting was adjourned at 8:15 p.m. W.J. made the m ion and Kerry Sweatt seconded. Motion carried unaimously ob Vallance Acting Chairman Margie Montanez Recording Secretary