Good evening.

This is a meeting of the Metropolitan Economic Development Committee meeting.

My name is Bob O'Slee, Chairperson.

I would like to ask my colleagues to please introduce themselves, starting with Councillor Hart.

Thank you, Mr.

Chairman.

Michael Paul Hart, representing District 20.

Thank you, Mr.

Chair.

Brian Maori, District 25.

Thank you, Mr.

Chair.

Jesse Brown, District 13.

Thank you, Mr.

Chair.

Brienne Delaney, District 2.

Thank you, Mr.

Chair Nick Roberts, District 4.

Good afternoon, Mr.

Chair.

Ron Gibson, District 8.

Evening, Chairman, colleagues, Andy Nielsen, District 14.

Thank you, Mr.

Chair John Barth representing Council District 7.

Thank you, Mr.

Chairman.

Kristen Jones, District 18.

Thank you, Chairman.

Councillor Jarrett Evans, representing District 17.

Thank you, Mr.

Chairman Leroy Robinson, representing District 1.

Thank you, Mr.

Chairman, Maggie Lewis.

All right, thank you all very much.

We have three proposals this evening, and we're going to start with proposal number 95, which approves a payment in lieu of tax as provided in IC 36-3-2-12 for TWG 707 LP.

For an affordable housing project being financed in part with low-income housing tax credits pursuant to Section 42 of the Internal Revenue Code of 1986.

As amended, known as 707 North Apartments, consisting of 40 affordable housing units for low income residents on the parcel.

Located at 707 East North Street, Council District 13.

Who is here to speak on that?

Good evening, Mr.

Chair.

My name is Marissa, and I'm here to speak on behalf of 707 North.

I would like to say good evening and thank you again for having me, Mr.

Chair and members of the committee.

Again, my name is Marissa Kanatser, and I'm our senior development director at TWG, working on our affordable and workforce housing team to bring more affordable housing throughout the state of Indiana.

Oh.

No worries.

Technical difficulties were all good.

So as I mentioned, I am bringing more affordable housing to the state of Indiana through the Indiana Housing and Community Development Authorities Tax Credit Program.

Tonight, rather than going through the TWG history, um, like we did last month, I would like to go straight into our proposed renovation of 707 North Apartments.

707 North is a 40 unit mixed income multifamily community that was completed in 2009.

Today, the building includes a mix of 50 and 60 percent AMI units along with some market rate apartments.

The project was originally through the tax credit program with IHCDA, and its initial 15-year compliance period expired at the end of last year, making the property eligible to convert to market rate housing and in turn increase rents.

Rather than taking that route, TWG applied for and was awarded tax credits by IHCDA in November of last year to preserve and deepen affordability.

Through the rehabilitation, we'll be able to serve households earning less than the area median income as well as extend the affordability period.

707 North is located just steps from Mass Ave.

The site has excellent access to Indigo routes, many downtown employers, bike lanes, and numerous neighborhood amenities.

This is an increasingly expensive area of the city, so preserving preserving long-term affordability in a location like this is both rare and incredibly impactful.

Given the strength of the location, our goal is to reinvest in the building so it can continue serving residents for decades to come.

The project is a substantial rehabilitation focused on extending the life of the building and improving quality of life for residents.

Planned work includes things such as replacement of the roof and mechanical systems, improving ADA accessibility, updating finishes to bring them to modern standards, and converting the building to NGBS silver, making it more energy efficient.

Alongside the physical improvements, the rehabilitation allows us to reshape who we're serving and how the property functions as affordable housing.

The total development costs for the for this project are just under $2 million.

After the rehabilitation, income levels to be served at the develop to be served at 707 North will include a mix of 30%, 50%, and 60% of the area median income.

The mix will consist predominantly of two bedroom apartments, which allows us to serve a variety of households in a highly desirable downtown location.

Through this rehabilitation, we want to enhance 707 North and allow it to continue operating as a community that residents are proud to call home.

As part of that effort, residents will have access to many upgraded amenities, including a fitness center, community room, business center, new in-unit laundry, and a covered parking garage.

Additionally, many of the units feature balconies with downtown skyline views, which is a very rare feature in new affordable housing developments today.

Altogether, this will remain one of the few income restricted properties in an area where rents continue to rapidly rise.

The other key component for 707 North will be our resident services program.

We will provide monthly and quarterly on-site services, including fitness programs, financial literacy courses, career coaching, GED connections, and a residence association, where residents can connect with one another along with the property management staff.

These services will allow residents to grow across multiple aspects of their lives and contribute to long long-term success of both the property and our residents.

Now that we've discussed the proposed development, I'd like to walk through the proposed pilot request.

We are seeking a pilot starting at just over $15,000 in year one, increasing it 3% annually for a 15-year term.

In return, we commit to maintaining affordability for 40 years and delivering ongoing resident services.

As part of the pilot, we will put additional effort into our resident services, reviewing them annually to ensure we're providing opportunities that benefit our residents to the fullest extent.

The pilot is a critical piece to make this preservation effort financially feasible.

As part of our tax credit application to IHCDA, we must have at minimum a 10% local contribution, which we are seeking through the savings from the pilot.

Over the 15 year period, the savings from the pilot totals about 1.4 million, just above the 10% of the current estimated total development costs.

Without this pilot, the development is no longer financially feasible at the affordable rents and would have to lose its committed tax credit award from IHCDA, meaning that the property would be free to convert to market rate housing instead of preserving affordability.

If approved tonight, our anticipated timeline is to close on financing in the next month, begin renovation efforts shortly after in June, and be wrapped up with all work by the third quarter of 2027.

That is all I have prepared for you tonight.

Thank you for your time and consideration, and I appreciate the opportunity to present.

Thank you very much for your presentation.

Other questions from counselors.

Yes.

Council Barth.

Thank you, Mr.

Chairman.

I'm just curious about the ADA improvements that were needed.

Absolutely.

So for ADA improvements, the codes have changed quite a bit from when this originally started in 2007.

So as part of that effort, we are making all of the units adaptable, meaning removable cabinetry if needed, everything at an accessible level in the unit already with plugins and doorknobs and door widths.

And then we are also adding four new eight fully ADA accessible units.

I'm just I'm just curious about on the just the accessibility of the building in general.

Can you talk about that?

Just the ADA compliance that you have to meet for ADA compliance that's beneficial to everybody who uses it.

Yep, so I can talk through like the high-level requirements.

So fortunately with this building, it's already elevator served with very wide hallways in the common areas.

Additional ADA accessibility above that, which is required as part of the tax credit program, means that all the doorways have to be of a certain width to allow for wheelchairs.

All of the common area amenity spaces have to be ADA accessible with the a big one is the like wall outlets.

The height of wall outlets has to be at like 15 to 20 inches or something along those lines.

And so they don't currently meet that, so bringing it up to the modern standards.

Thank you.

All right, thank you, Chairman Board.

Uh Council Neilson, I think you had your hand up.

Uh thank you, Mr.

Chairman.

Um, a couple of questions.

Um, so just so I understand is this pro is the property So it's currently what is um financed by LITEC?

Correct.

It was, yes, as of the end of last year.

Okay, so are is is the project that you're is like what you all are doing, because I know that with with with a number of the LITEC properties that are falling off the affordability.

So are is is the project that you're is like what you all are doing, because I know that with with with a number of the LITEC properties that are falling off the affordability, there's the like qualified contractor loop.

Is is is that what we're avoiding here for a lack of a better way of saying it, with with the kind of proposed structure that you are all putting forward.

That is correct.

So qualified contract was on the table last year.

We waived that and committed to 40 years of affordability by doing this.

That's great.

I mean, I I think that's something I know I've had some conversations with DMD on.

I that Mr.

Chairman, I think would be a really good just getting members up to date on like updated on what that means and how I think we can push an affordable housing strategy that then incentivizes this kind of strategy because once they're gone, it's very challenging to get them to preserve the affordability of those units.

Um the second question I had was on the on some of the supportive services that you are providing.

I'm sorry, let me are you specifically for like financial coaching.

Um are you working who who do you plan to work with to provide some of those services?

Do you have someone in mind so far our organization so far in mind?

Yes, absolutely.

So we've been talking with the John Bonner neighborhood centers for these.

Um they offer a ton of really amazing services that are all um available to our to our thank you.

Yes, I was hopeful you were going to use one of our wonderful um community centers in the city.

So I appreciate that.

Uh thank you, Mr.

Chairman.

Very good.

Uh Council Gibson.

Thank you, Mr.

Chairman.

Uh very excited about uh more affordable housing in in the city of Unabison.

I I I applaud this project.

And it looks like the payment of low taxes is uh for 15 years, and but the guarantee uh affordability is for 40 years.

Where is it that then makes that enforceable?

Uh is it in an agreement somewhere or is it in I was just trying to figure out where that's it.

I just want to make sure it's in writing somewhere.

Yeah, good question.

So it will be on a restrictive use agreement on the property, so part of the deed for the property um will have a restrictive covenant that it has to be used as affordable housing with our 30 percent, 50 percent, and 60 percent units for 40 years.

Thank you.

Excellent.

Um Madam President.

Thank you, Mr.

Chairman.

Uh Councilor Nielsen touched on this a little bit.

One, I applaud you for having the wraparound services for the the residents.

I think that is uh is it it's a game changer, right?

To have those services available to them.

You mentioned the John Bonner Center.

Are there other agencies that you can share with us that you've already started those conversations with, or if they've already committed to do uh some of the other programs that you mentioned in this package?

Yeah, good question.

So they are our main provider at this point.

We're exploring other options to add on to that, but because they offer so many extensive services, they've been our main point to use in the development.

Additional questions.

Uh Councilor Brown.

Thank you.

Actually, no questions, but a couple comments.

I just wanted to thank Marissa and Chase and everyone at TWG for working with me.

I think I gave you all probably more headaches than you're used to.

Uh problem with being a full-time counselor is new to this committee.

Uh but I really want to thank you for working with me, and particularly for working with the residents.

Um I know you've committed in previous uh uh presentations for other projects recently to residents' associations, and that was your commitment to me as well.

Um residents literally cried tears of joy just because they really um appreciated having that agency and the ability to help be part of the solution improving their properties.

So uh I really think that's gonna make a night and day difference, and I really uh just wanted to thank you for that.

Thank you.

Very good.

Counselor Mary.

Thank you, Mr.

Chair.

Uh I'd like to, you know, I think it's great that you're making affordable housing for folks.

Um just out of curiosity, what happens if during the renovation process if prices go up, are you guys able to fulfill these needs?

Because what we just saw today with TWG and what we've seen a few times in the past with with TWG, just in this general area, has been that we've backed out of projects because of pricing.

Um I hate to see that happen here.

So do we have everything in line?

What happens if it goes up?

What where do we go from there?

Thank you for the question.

So I am focused on our affordable and workforce housing team, our market rate team does operate separately.

Um but with that being said, on the affordable and workforce housing side, we have a lot of contingency built in.

We are using our in-house construction team for this, and it's something that they're very skilled in, and we've had a lot of working sessions.

Um despite all of those things, costs can absolutely go up.

So we have identified some soft funding sources that could be obtained if that was a need, but in order for those soft financing soft financing sources to come in, you have to show the need and why that is necessary.

And I'm hoping none of those would include the city like we did with City Hall.

That is correct.

It is completely separate from the city.

Okay.

Okay.

Um well thank you.

I appreciate that.

Very good.

Uh Council Hart.

Thank you, Mr.

Chairman.

Um I'm curious how you came up with the um the specific resident services that are listed here and the anticipated cost to provide them.

Good question.

So our resident services that are stated in the agreement are what we've identified and what our property management team has identified as some of the most requested services from our existing properties.

So that's a starting point.

And then as part of the pilot agreement, we're going to re-evaluate these annually so that we can make sure we're providing what our residents need.

So if some of these are no longer needed, we can swap those out based on um resident feedback.

So these are set once for now, but if something were to happen later on, something isn't used, we would have to replace that because our pilot is tied to residents utilizing these services.

And then as far as cost associated with the services, um, those were just like market averages.

We did research of different programming out there and what it would cost in the state of Indiana for residents and took averages of those.

And what's that number?

Um don't have that number here.

I thought you were I apologize.

I thought you were referring to the um like savings per resident on the process.

Um so that will all be worked out with the John Bonner neighborhood centers whenever we have our final agreement.

Okay.

So here's my feedback for you is that you know I go around, I do a lot of community engagement meetings.

I think a lot of us do, and there's two things I hear about a lot.

Um one is education, the other one's child care.

And when I look at what's going on here, all we're seeing, all I've seen, I've seen a lot of these this year, and especially in this committee, is we see a lot of pilots.

It's been pilot after pilot after pilot, in which I understand why we're doing it or why you guys keep coming back and others like you, it's because of the life tech credits.

It's the only tool.

Redevelopment tax credits are frozen, everything else is on the hold.

So I understand that aspect of it.

Um but what we do when we use these pilot tools is that we divert those tax dollars away.

And and that is why I'm asking, what are you providing in lieu of in in terms of a financial amount?

Because if I went and talked to the neighbors and I asked them if they would rather have a fitness program or child care, 10 out of 10, they're gonna tell me they want child care options.

And so, you know, as we start to see some of these things, I've seen really good pilots come through here.

I've seen some of them provide internet service for residents, I've seen them provide really creative ways.

And you know, these things are good, these are good things for people, and people will benefit from them.

But you know, I gotta think about it too.

Could they equally just go down to John Bonner Center right now and equally get these services?

And I they probably yes, the answer is yes.

So, you know, I'm I'm struggling because I feel like you just kind of checked a box here on these resident services.

When the purpose of the the pilot is to provide something in lieu of the taxes, and this doesn't feel adequate for the request.

Thank you for the feedback.

I apologize that I cut you off.

Um I I do appreciate the feedback, and I completely agree with you on the child care aspect.

That is something that we have heavily heavily explored, explored, providing on site.

We can't find a way to make it work to provide good child care right now, but it is something we are absolutely working on because I completely agree with you on that front.

And I know you mentioned providing internet.

We are doing that as well.

I just didn't include it on the services, but we are providing free high speed of Wi-Fi for all of our residents.

Um I I do hear you and I appreciate the feedback with these pilots that we're going through with the city.

It's a what do we need to adjust and adapt as we go?

And so I appreciate the feedback and have definitely made some notes here.

Very good.

Additional questions or comments.

All right, seeing none, is there anyone in the audience uh with an interest in proposal number 95?

All right, seeing none, I will ask for a motion.

All right, um is improperly moved and seconded.

All those in favor, please signify by saying aye.

Aye.

Any opposed, nay?

Very good.

Um Madam Clerk.

Very good.

All right.

Uh that motion does carry.

And um we shall um see you in our next uh council meeting.

Thank you.

Um for a vote on this by the full council.

The next item on our agenda is proposal number 97, which approves the statement of benefits of TC Heartland LLC, uh doing business as Heartland Food Products Group, an applicant for tax abatement for personal property located in an economic revitalization area.

Uh who is here to speak to this.

Good evening.

Good evening, everyone.

Um I am Katie Kolp and I uh lead KSM location advisors uh consulting group associated with Kat Sapper and Miller, public accounting firm.

And I so appreciate the time this evening, Mr.

Chairman and Madam President and Council members.

Um with me tonight um is Gene Wolfe, who's the vice president of finance for Heartland, and we're really excited to tell you a little about uh a potential expansion project um that would potentially happen in Pike Township.

And I this might be a good time to thank counselor Robinson for taking the time to visit the facility as he has many times in the past and and meet with us prior to tonight.

Um we will get into some of the components about the project, which involve a request for support for both a real and personal property tax abatement.

But before we dive into some of those details, I thought I would turn it over to Mr.

Wolf here, who can tell you a little bit about the company, and he's much more interesting to hear from than I am.

Good evening.

Uh I'm not so sure if that's true, Katie, but uh um appreciate your time uh to to um illustrate our uh abatement request here for Heartland.

Uh as Katie said, my name is Gene Wolfe.

I'm the vice president of finance at Heartland, and I've been with the company for 23 years.

It's um absolutely a great company.

We provide a lot of jobs for Indianapolis.

Um gosh, I worked for three Fortune 100 companies in my career, and Heartland is the absolute best company that I've ever worked for in my career.

Um why is that?

Well, number one, we're we're a health and wellness company.

Our facilities are first class, but the most important thing is our teamwork of employees.

Uh, we're a very innovative company, strong research and development.

Um, the 832 employees at our facilities at at Georgetown Road.

Um, it's it's it's a pleasure.

It's a win-win um situation.

The the company uh very innovative um run for the last uh 20 years with with big growth, and it's all because of of our employees.

Um we started out as a private label company doing little sweetener packnick packets, uh, and then as we grew, uh we purchased a Splenda brand, which many are familiar with, the little yellow sweetener package.

Um and most recently, uh last four years, we've been growing the Java House coffee branch.

Um a great innovative new way to to drink uh and enjoy coffee.

Um but these first class facilities, we uh just recently did an acquisition of SlimFast products.

So we are a health and wellness company.

Um we value our our employees.

Um we have stated goals of of trying to get 90 percent of our hourly production to live within a couple miles of this facility.

Um last year we had 73 percent of the 832 employees reside in Marion County at an average rate of 27 and 61 cents.

So we value these employees.

Um we uh illustrate and and help everybody do a PTO community day.

Um so we have thousands of hours invested back into the community for for PTO time.

Um and it's really a win-win situation.

An RD company such as us, when we're innovating all these food products, we rely who's got the best ideas, it's the employees, and they're the ones bringing that to us.

So my point of speaking to you this evening was just to illustrate what a great company it is, what an innovative company it is, and how much uh we have a uh symbiotic relationship with the employees and the RD.

And um, we're excited to uh look at put a whole new building up to handle the slim fast production.

So I appreciate uh your consideration for the abatement request.

Um our next slide here uh is probably something each of you could uh give a more passionate speech about even than we can.

But I wanted to talk a little bit about why we selected Indianapolis.

Um the manufacturing of these products is all taking place in Pike Township right now, and so um the company as we looked at the financials and trying to make a good case for additional growth in manufacturing and jobs.

And so the company, as we looked at the financials and trying to make a good case for additional growth and manufacturing and jobs, it it became apparent that uh property tax abatement was going to be a critical component in making the you know the financials for this project work and securing this type of investment into Pike Township.

Um we uh are looking, you know, Heartland is Jean shared, is looking forward to potentially expand um one of the buildings and then put additional equipment into some existing footprint and into the additional building.

Uh we think this positions Indianapolis really well for um you know for continuing to in invest in manufacturing and and um the best of technology and very well trained workforce, and so uh we really appreciate your consideration tonight of um support for abatement, which will help make this project a reality.

On the next slide, um this shows you a little bit of the footprint of what we're talking about.

The the part in red that's highlighted in red there reflects the expansion space that would be constructed to um to support some of the equipment that we're talking about here tonight, um, but also some of the equipment will go as I mentioned earlier in the existing footprint.

So in total, we're looking at over 90 million dollars of investment.

Uh that's 15 million in real property, and then my eyes don't go that far.

70 71.

76, sorry about that.

Um old age getting to me.

Um, but 76 million in in the equipment as well.

And on the next page, um, you can see in a little greater detail about our head count projections.

As Jean stated, um, and we work with a lot of companies, uh, the 73% percentage of Marion County workers is higher than what we typically see with sometimes with expansions and new projects with inside um Marion County.

So we're really we it's something we wanted to emphasize.

And what Jean said earlier about the stated goal, they actually have it in their sustainability report that they want to have 90 percent of their production workers within a couple miles of this facility, I think is a really strong statement and a real commitment to um trying to grow Marion County employment within within those walls.

Um we would expect based on um you know, if if the past is a predictor of the future that um that roughly 21 of the 30 new jobs that are being created would be Marion County workers.

Um so that is something that you'll see a commitment from Heartland throughout, and and we've worked very well with the great team at DMD to help us um kind of iron out these details in the application and in a memorandum of agreement that you know uh holds us accountable for meeting some of these objectives.

On the next slide, this is just a breakdown on the investment side, you'll see by year the tranches of investment that are expected, and then um over the first couple years we would expect to reach that uh 30 person new FTE requirement.

Um the wages we're expecting as you can see uh well qualify the company for the good wages initiative and and support a living sustainable wage in in Pike Township.

And on the um next slide, um it's just kind of summarizes here that there is no land use requirement.

Uh it's properly zoned and and um you know the use is acceptable for an expansion.

Uh we're and as I've mentioned, we're really just here seeking your support.

We have been through the Metropolitan Development Commission initially and have been read into council, of course, and understand that tonight you all have an opportunity to decide if you want to support this request going back to council and then ultimately to the Metropolitan Development Commission.

Um I think the next slide.

Um, you know, the the partnership really does matter here, and I think one of the cool things that I've seen as I've worked with Heartland over the years is um that they have grown such a powerful and huge manufacturing presence here in Indianapolis, creating already tons of personal property investment that has not been abated uh many times over the years.

Um, and and this makes Indianapolis the magnet for capital investment in the future as well.

Um without the support, you know, it's possible that other locations might have received um plans for this potential expand expansion.

So it's really important that we we secure your support and that we continue to target investment and growth in these jobs here in Marion County.

Um with that, uh you can see the anticipated um dates, you can see where we are along in the process, of course, here before you tonight.

And just wanted to thank you for your time and attention.

I understand you may have uh questions for us, so we are both here to answer any that you may have.

Thank you very much thank you for your for your presentation are there questions from council members yes uh counselor Neelson uh thank you chairman I this actually a question for uh DMD staff real quick um so we don't see abatements usually right so um because that would usually just go to the MDC because could we just maybe get a process question uh is a process question of of why we're seeing this abatement is because it's in a TIFF is that why okay correct it is in a it's in a TIFF area elanco down TIF area okay so we're just needing your approval for the SBY okay so it's a part of the approval process if there is a abatement request as part of the TIFF it does require require the council's approval correct in order to move forward.

That is okay thank you very much very good additional questions Councilor Hart thank you Mr.

Chairman um these are great I love when these come to district twenty so congratulations counselor um and the reason I like these oh by the way uh KSM Ms.

Cope um district twenty on the east side has phenomenal land phenomenal opportunity so next time your clients are looking um but beyond that why these are great is because these abatements come with a community impact payment related to them and I always love to hear any of the creative ways that those dollars are going back to the community and I'm curious how those are being expect being expended in this particular development.

Excellent question thank you so Jean may want to expand on some of my comments but the initial plan is to increase walkability across the campuses and connection um so that people can move about and so forth we are also looking into um there are a couple bus stops that are actually uh not as close as you would think to such a large manufacturing facility so we're in the early stages but have signed and executed a a commitment um to make the certain levels of investment and we're trying to figure out um by working with indiego exactly how to prioritize either some bus stop improvements or potentially a new bus stop that's no light matter to do any of those things so we are in the process of still developing those plans but the commitment is real and and documented wonderful thank you for sharing very good counselor Kay this is just more of a comment than a question uh thank you for doing all the math on uh the employees that you have that reside in Marion County and the projection that uh for the others the future employees that you anticipate because that is always a question that comes up here and I think you may be the first one that actually proactively gave us that number so thank you.

You're welcome.

Good additional questions Council Brown.

Thank you Mr President thank you for the presentation uh want to echo Councillor Cahill's comments was going to mention the same thing I did want to ask if you have these numbers top of hand or right at hand rather uh what would the minimum wage for a new job be um because average you know is great but that could be a very broad range you know I don't have that piece of information for you um it's it's a tough market out there so we we are try to attract the best uh in employees but I don't have the average for the hourly production we can follow up with that information just be curious the average is great and I appreciate that um and then just for clarification your employees don't currently have a union is that correct that is correct there there is no no union and um one thing I'll also add is uh just a fun figure um finding good employees is tough especially ones that will contribute to the the RD process but uh thirty one percent of this workforce uh from a tenure of working there averages five or more years thirty one percent of these people have been there longer than five years you know 10 15 years ago um I wasn't even close to that kind of uh retention of of the employees and um that's because of all the training we give them and the ability to to move up and and and supervise but we will follow up on that starting wage um if it's higher than the minimum for sure um but I don't have that Andy and I do apologize.

No worries thank you very much for that chairman Robinson.

Thank you Mr.

Take a tour, meet these folks, see the different plants they have there, see the robots they have, the technology, the innovation they have there.

Just a great opportunity we have in our district to see you all uh grow in our district in our city and stay in here.

And um maybe one day we can get your crumball office to move from Hammond County to Mearing County.

Uh that will be that'll be outstanding as well, right over in district one.

So um but guys, if you guys can take a tour, I'm sure you guys are welcome to take a tour of this facility, see these folks uh in in in operation, meet their staff and just see the great things they're doing in our community here in Annapa.

So thank you for staying here, growing here, and our people here in Marion County.

So thank you so much.

You're welcome.

And I ask my colleagues to support this uh proposal this evening as well.

So thank you.

Very good.

Any additional questions from committee members?

All right, seeing none.

Is there anyone in the audience with an interest in proposal number 97?

I'm sorry.

Good evening, Chairman Osili.

My name is Tanya Ellison and committee members.

Uh I am the program manager for economic incentives, uh Department of Metropolitan Development.

I'm asking uh for your consideration to combine proposition 97 and 98 for your consideration.

Um they are the same project, and we would just like to have those combined for consideration.

Is there a reason that we're not going to take these separately?

One is under tag Midwest, and who is actually holding the actual real estate piece of it, and then Heartland uh Heartland is actually holding the actual real property.

I'm sorry, the personal property of it.

So we're just combining those two together for consideration.

They're two different propositions for the same project.

One is for real property tax abatement and the other is for personal property.

Because the real property owner is not the same as the personal property owner.

So you're asking us to vote on 97 and 98 at one time?

It is the same project, except one person is getting the real property tax abatement, the other is getting the personal property.

So I'm assuming they're tenants on that property, but the real property owner is going to get the real property tax abatement.

All right, so what action do you want us to take right now?

I think they just want you to vote on them both at the same time.

As long as you call them out separately.

You can vote.

I mean, you can go ahead and vote on one and then vote on the separate, but not have a separate conversation on both.

It's up to you, Mr.

Craig.

What is the pleasure of this uh committee?

Consented.

Please.

Thank you, Mr.

Chairman.

Consent to hear proposal number 97 and 98 together and vote on them collectively.

Is there all right?

Very good.

Consent.

Um do you have anything or Miss uh Ms.

Fultz?

Was there something you wanted to add?

All right.

Um thank you.

Very good.

So I guess right now then we need to hear proposal number 98.

Is that correct?

They think they have already they've already done it.

It it's it is the same.

It is one project, and normally the landowner is the applicant for both and personal property for this one in the very good, very good, very good.

All right, um, I didn't see anyone in the audience with an interest in either proposal number 97 or 98.

So councillor uh Hart, please.

Yeah, thank you, Mr.

Chair.

I just you know came to mind after looking at two of these things, and my my question for the presenters would be is uh TC Hartland uh responsible for all the the community impact payment piece of it, or is there a separate for the real property owners who are also getting an abatement?

If I may clarify, um both entities, I know they have different names, but they are related companies to Heartland.

It's just uh oftentimes companies will create an LLC or something to hold real estate.

Um so Heartland is um and and their officer is who is signed the MOA document with DMD.

So they will be responsible for fulfilling the inclusivity requirement.

Okay, I'm following.

Thank you.

Any additional questions from committee members?

Well, I was just gonna make a motion.

Please do.

Yeah, Mr.

Chair, I move proposals 9798 to the full council to do pass recommendation.

Well, how about that?

So motion is a motion is improperly moved and seconded.

All those in favor, please signify by saying aye.

Any opposed, nay.

Right, the ayes have it.

Thank you very much.

Thank you very much, Mr.

Mr.

Wolf.

Ms.

Culp, we appreciate you very much.

Yes.

All right.

There is nothing else on the agenda for this evening.

May I have a motion to adjourn?

Very good.

We are adjourned.

Thank you all.