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2000-04-24 CITY COUNCIL PUBLIC HEARING MEETING MINUTESMINUTES OF A PUBLIC HEARING OF PEARLAND, TEXAS, TO BE HELD ON COUNCIL CHAMBERS, CITY HALL, 3519 THE CITY COUNCIL OF THE CITY OF APRIL 24, 2000, AT 6:30 P.M., IN THE LIBERTY DRIVE, PEARLAND, TEXAS. The meeting was called to order with the following present: Mayor Mayor Pro -Tem Councilmember Councilmember Councilmember Councilmember City Manager City Attorney City Secretary Tom Reid William Berger Helen Beckman Richard Tetens Larry Wilkins Klaus Seeger Glen Erwin Darrin Coker Young Lorfing Others in attendance: Executive Director P. E. D.C. Mike Chance; Deputy City Manager Alan Mueller;.City Engineer John Hargrove; Director of Community Development & Services Gene Tumlinson; Grants Coordinator Chris Kidwell; Purchasing Officer Gordon Island. PURPOSE OF HEARING - PROPOSED REINVESTMENT ZONE NUMBERS 9, 10, and 11. To consider the creation of a reinvestment zone and tax abatement for Chemcentral Corporation, to be located at the northeast corner of Mykawa Road at McHard Road, Rollac Shutters, Inc., to be located at the northwest corner of Orange Street at Woody Street and F.W.Gartner, Inc., to be located at 14435 Max Road all in Pearland and in accordance with § 312.201 of the Tax Code and City of Pearland Resolution No. R98-59. STAFF REVIEW P.E.D.C. Executive Director, Mike Chance, addressed Council and gave a brief description of each of the projects going into the three reinvestment zones. Reinvestment Zone No. 9 will be a manufacturing facility by a company named Chemcentral. They have purchased twenty acres of land at the northeast corner of Mykawa Road and McHard Overpass. This will be an expansion of their existing business will add additional employees. This is largest capital investment to date for a manufacturing facility. The building and the fixed equipment will be in the amount of $15 million and personal property and inventory value of approximately $4.5 million. They will transfer the 38 jobs they currently have at their facility and by the time they open they will have expanded that to 42 jobs, and further expansion within four years; Reinvestment Zone No. 10; Rollac Shutters, is a company in business in the City of Houston. They have a current manufacturing facility that they have outgrown. Page 1 of 2 - 4/24/2000 They have purchased 30 acres of land at the corner of the intersection of Orange and Woody Street, and they will use 10 acres at this time. They purpose to have $3.55 million in the building and fixed equipment, and keep an inventory of personal property of about $1.4 million. They will transfer 40 jobs and will be adding 10 additional jobs when they open and will add 25 additional jobs within the first three years of operation in Pearland. The third project is Reinvestment Zone No. 11; F.W. Gartner, Inc. They currently have a retail operation in Pearland. This location will be a manufacturing operation. They will be building a 13,000 square foot manufacturing facility on approximately 9.9 acres of land on Max Road. They will be demolishing an old building on that site and will be building a new building. They are expanding their current operation which is currently located in Houston. They will have a building and fixed equipment in the amount $650,000. They will transfer their 15 employees they have now and will be adding another three or four employees in the next few years. CITIZEN COMMENTS COUNCIUSTAFF DISCUSSION Mayor Pro -Tem Berger asked what formula is being used to calculate the abatements? P.E.D.C. Executive Director, Mike. Chance, stated that he considers each project individually. He further stated that he has a software program that also assists with the process, it takes into consideration the capital investments, number of jobs, and different criteria, also each project submits an application for the project. City Manager, Glen Erwin, stated that there is not really a formula that is used, all of these abatements are negotiated throughout the evaluation of the project. ADJOURNMENT Meeting was adjourned at 7:15 p.m. Minutes approved as submitted and/or corrected this 8th the day of A.D. May , ATTEST: Tom Reid, Mayor Page 2 of 2 - 4/24/2000