Home » News » Tax abatement season begins for common council
Tax abatement season begins for common council
By Ashlee Hoos firstname.lastname@example.org
Mar 21, 2019
ANGOLA — The Angola Common Council approved two new tax abatements during its meeting held Monday.
RR Donnelley, 611 W. Mill St., Angola and Univertical, 203 Weatherhead St., each received approval for five-year abatements for the installation of new manufacturing equipment.
As a result of the proposed project, RR Donnelley estimates an additional nine employees with salaries totaling $304,762 to go with the 169 current employees with salaries that total more than $6 million combined.
Univertical estimates one additional employee with a salary of $40,000 to be added to the current employee count of just over 75 with salaries combined sitting at more than $4 million.
The council also found IMP Realty, leased to Patrick Industries, in substantial compliance on its tax abatement from 2015 for real estate improvements. The abatement was for eight years and was for roof repairs at both 409 Growth Parkway and 101 Industrial Drive.
Patrick Industries also received approval for its tax abatement for personal property from 2015 for both the facility at 409 Growth Parkway and 101 Industrial Drive, which was issued for eight years.
Mayor Richard Hickman thanked all of the businesses in the room for tax abatements for their continued dedication to being in Angola.
The first of three readings on ordinances rezoning properties owned by Sheri Trine and Trine University also came to the council on Monday.
Rezoning at 415 W. Gilmore St. will, as long as the ordinance passes, go from institutional, traditional residential and neighborhood commercial to university.
Similarly, the property at 414 W. Gilmore St. will go from neighborhood commercial to university.
Attorney Latriealle Wheat requested on behalf of both parties to have second and third readings of the ordinance at the next meeting, which will be April 1, to help get the proposed parking lot project underway on the sites.
“I have no objections to that,” said Councilman Dave Martin.
The city will also be selling by online auction some miscellaneous firefighting equipment using the website GovDeals.com after the council approved the sale Monday.
Items being sold include nozzles, select-o-matic tips, various parts and a Malcolm mobile radio.
Purchase of a 2020 single axle chassis with snow plow equipment for the street department received just one bid that was opened and approved.
Street superintendent Doug Anderson said the estimate for the equipment was $170,000.
The bid from Stoops Freightliner of New Haven came in at $171,766.
“It is just a tad higher than I had originally budgeted for,” Anderson said.
Clerk-Treasurer Deb Twitchell still gave Anderson a nod of approval to allow awarding the bid to Stoops despite being a bit over the estimate.