7 -
Affirmative:
Nicholas Bankston, Lourdes Barroso De Padilla, Elizabeth Brown, Rob
Dorans, Shayla Favor, Emmanuel Remy, and Shannon Hardin
SR
EMERGENCY, TABLED AND 2ND READING OF 30-DAY LEGISLATION
ECONOMIC DEVELOPMENT: BANKSTON, CHR. REMY DORANS HARDIN
To authorize the Director of the Department of Development to enter into an
Enterprise Zone Agreement with West 70 Logistics Land, LLC for a tax abatement
SR-1
of seventy-five percent (75%) for
a period of ten (10) consecutive years in
consideration of the company’s proposed capital investment of $46,500,000.00 in real
property improvements and the creation of 63 net new full-time permanent positions
with an estimated annual payroll of approximately $2,680,000.00.
A motion was made by Nicholas Bankston, seconded by Shayla Favor, that this
Ordinance be Approved. The motion carried by the following vote:
7 -
Affirmative:
Nicholas Bankston, Lourdes Barroso De Padilla, Elizabeth Brown, Rob
Dorans, Shayla Favor, Emmanuel Remy, and Shannon Hardin
To authorize the Director of the Department of Development to enter into an
Enterprise Zone Agreement with West 70 Logistics Land, LLC for a tax abatement
SR-2
SR-3
SR-4
of seventy-five percent (75%) for
a period of ten (10) consecutive years in
consideration of the company’s proposed capital investment of $50,700,000.00 in real
property improvements and the creation of 69 net new full-time permanent positions
with an estimated annual payroll of approximately $2,930,000.00.
A motion was made by Nicholas Bankston, seconded by Rob Dorans, that this
Ordinance be Approved. The motion carried by the following vote:
7 -
Affirmative:
Nicholas Bankston, Lourdes Barroso De Padilla, Elizabeth Brown, Rob
Dorans, Shayla Favor, Emmanuel Remy, and Shannon Hardin
To authorize the Director of the Department of Development to enter into an
Enterprise Zone Agreement with West 70 Logistics Land, LLC for a tax abatement
of seventy-five percent (75%) for
a period of ten (10) consecutive years in
consideration of the company’s proposed capital investment of $32,500,000.00 in real
property improvements and the creation of 31 net new full-time permanent positions
with an estimated annual payroll of approximately $1,320,000.00.
A motion was made by Nicholas Bankston, seconded by Rob Dorans, that this
Ordinance be Approved. The motion carried by the following vote:
7 -
Affirmative:
Nicholas Bankston, Lourdes Barroso De Padilla, Elizabeth Brown, Rob
Dorans, Shayla Favor, Emmanuel Remy, and Shannon Hardin
To authorize the Director of the Department of Development to enter into an
Enterprise Zone Agreement with West 70 Logistics Land, LLC for a tax abatement
of seventy-five percent (75%) for
a period of ten (10) consecutive years in
consideration of the company’s proposed capital investment of $46,500,000.00 in real
property improvements and the creation of 31 net new full-time permanent positions
with an estimated annual payroll of approximately $1,320,000.00.
A motion was made by Nicholas Bankston, seconded by Shayla Favor, that this
Ordinance be Approved. The motion carried by the following vote: