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05-03-2011 The Mooresville Town Council met in regular session on Tuesday, May 3, 2011 at 6:30 P. M. at the Mooresville Government Center. Town Council members present were: President George Watkins,Vice-President Tony Langley, John L. Clark, Mark Mathis, and Jeff Cook. No members were absent. Attorney Tim Currens was present. Clerk-Treasurer Sandra Perry was present.\ John Cruinp, Mooresville Church of God, gave the invocation. A motion was made by Councilman Mathis with a second by Councilman Clark to approve the minutes of April 19, 2011. Motion carried 5-0. Next was a Public Hearing for Cornerstone Mooresville, MOB, LLC confirmatory resolution and for Equipment Technologies confirmatory resolution. Before the hearing began Councilman Mark Mathis excused himself from the meeting. Joy Sessing, Morgan County Economic Development Director, introduced Taggart Birge, I. U. Health, and he explained the medical building has a new 15 year lease and have 100% 1. U. Physicians. They will be bringing one half million dollars worth of equipment to Mooresville. Jeff Scalf was the first person to speak about abatements in general. Concerns: He believes the matrix is too generous as compared to other surrounding counties, example: Hendricks County and the matrix needed to be reviewed and redone. He believes that one abatement needs to be finished before the other abatement-begins. Also need to partnership with human resources to give people living in Mooresville interviews before they hire some one from somewhere else and just because someone qualifies for a ten year abatement doesn't mean the Town Council needs to give them ten years. He said substantial compliance needs to be well defined and penalties for them not being in substantial compliance but he really wants to see full compliance and wants the Town to help small business to keep them from going out of business. Julie Lakes was on the list to speak next and she told the council Jeff had said everything she was going to say. Steve Overton was next and stated he had been on the receiving end of abatements for Overton Manufacturing but he had not received any cash money from abatements. This only means more tact money would come in extra. He also said he couldn't discriminate when hiring and with the economy being really bad in the last decade their company held on to 98% of employees. He stated abatements were not corporate welfare because no tax dollars were going to be missed. Abatements were more about jobs to him. Bill Boyd spoke to the Council saying he was employed in the field of commercial lending in Johnson County but he lived in Mooresville and he was in complete agreement with Steve Overton. Susan Johnson spoke next and asked Taggart Birge out of the seventeen employees currently how many were from Morgan County. Mr. Birge did not have that information with him but new employees would be phased in over a two year period. She asked about the percentage paid each year as an example if the abatement is a ten year, then the percentage goes up 10% each year taxes begin until it is 100% at ten years. Then she wanted to know who picked up the slack. She agreed with Jeff Scalf that certain criteria would have to be met. Council President Watldns told her that each year forms (CF-1's) were submitted and reviewed and in 2010 the council looked at 12 of them and all were found to be in compliance. John Ehrhart reminded the audience that during this bad economy 33 acres had been added to the community with the Meadowlakes facility and 120 employees are Mooresville people. He added that during this bad economy the town was adding dollars that would be zero had not they came into town. A motion was made by Councilman Clark with a second by Councilman Cook to approve the findings of fact and Confirmatory Resolution#9, 2011 for Cornerstone Mooresville, MOB, LLC. Motion carried 4-0.