Town Council 07-02-2024 - Laserfiche WebLink

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1.35 July 2, 2024 The Mooresville Town Council met in regular session on Tuesday, Juty 2, 2024, at 6:30 P.M. at the Mooresville Government Center. Council members present were Council President Tom Warthen, Councilman Greg Swinney, Councilman Jeff Cook, Councilman Josh Brown, and Councilman Kirk Witt. Town Attorney Chou -it Lee was also present. Council President Warthen gave the invocation and called the meeting to order. Councilman Swinney motioned to approve the June 18 executive session minutes, seconded by Councilman Brown. The motion carried 5-0. Councilman Swinney motioned to approvethe June 18th meeting minutes, seconded by Councilman Brown. The motion carried 5-0. Unfinished Business - Public Hearing Stormwater Management Ordinance 3-2024—No public comments existed. Councilman Brown motioned to close the public hearing, which Councilman Swinney seconded. The motion carried 5-0. Councilman Swinney made a motion to approve Ordinance 3-2024. Councilman Brown seconded. The motion carried 5-0. Creative Foam CF -1 Real Property. At the time of the abatement request, thereat property investment estimate was $325,000.00, and the actual investment was $346,252.30. The estimated employment number was 170, and the current actual employment number is 115. Councilman Cook motioned to find Creative Foam in substantial compliance with Resolution 1- 2021. Councilman Swinney seconded. The motion carried 5-0. Creative Foam CF -1 Personal Property. At the time of the abatement request, the personal property investment estimate was $487,137.00, and the actual investment was $258,745.73. The estimated employment number was 224, and the current actual employment number is 115. Councilman Swinney moved to find Creative Foam in substantial compliance with Resolution 2- 2021. Councilman Brown seconded. The motion carried 5-0. ICL`\�E7G1r .7-i%Ti[Tri� At the time of the abatement request, the personal property investment estimate was $43,450,000.00. The actual investment was $40,442,628.00. The estimated employment number was 666, and the current actual employment number is 633. Councilman Swinney moved to find TOA in substantial compliance with Resolution 8-2015. Councilman Brown seconded. The motion carried 5-0. At the time of the abatement request, the real property investment estimate was $38,023,396.30. The actual investment was $37,934,620. The estimated employment number was 666, and the current actual employment number is 633. Councilman Swinney motioned to find TOA in substantial compliance with Resolution 8-2015. Councilman Brown seconded. The motion carried 5-0. At the time of the abatement request, the personal property investment estimate was $5,477,560 actual investment was $11,720,050. The estimated employment number was 722, and the current actual employment number is 633.