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<br /> <br /> <br /> Mr. O’Neil introduced the Beaudry project and presented the site location. Mr. O’Neil <br />introduced Ms. Huot (Baker Tilly) to present her review on the tax abatement application. <br />Ms. Huot described the project and tax abatement request from Beaudry Oil and Propane <br />and Harvest Reaper LLC of which the latter will be the recipient of the tax abatement. Ms. <br />Huot’s analysis that this project warrants public assistance due to extraordinary site <br />development costs. She estimates the city share to be $138,000 over 11 years. <br /> <br /> Chair Tveite shared that this project would be a good fit for the area. <br /> <br />Mr. Beaudry shared that they would have liked assistance for the full 15 years but is happy <br />with any city assistance supporting the project. <br /> <br />Mr. Hardin asked if there needed to be any additional language to the motion in subject to <br />county participation.Mr. O’Neil and Ms. Huot stated that the city review is for the city <br />portion only and the item under consideration is for city tax abatement independent of the <br />county’s participation. <br /> <br />Moved by Gromberg and seconded by Larson-Vito to provide a recommendation to <br />the City Council and EDA to approve this tax abatement Motion carried 5-0 <br />(Vitzthum abstained). <br /> <br />4.3 Open Discussion Items <br /> <br />Mr. O’Neil requested feedback to move forward with contacting a potential candidate for <br />consideration as an at-large member of the Joint Finance Committee. <br /> <br />The committee was agreeable to consider the applicant at the following meeting. <br /> <br />5.1 Announcements <br /> <br /> There were no announcements. <br /> <br />6. Adjournment <br /> <br /> There being no further business, Mr. Tveite adjourned the meeting at 7:58 a.m. <br /> <br /> <br />Minutes prepared by Brent O’Neil and Joshua Mollan. <br /> <br /> <br />_____________________ <br />Tina Allard <br />City Clerk <br /> <br /> <br />___________________ <br />Brent O’Neil <br />Economic Development Director