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250 The executive session adjourned at 7:30 p.m. President ~ ATTEST: erk-Treasurer ~ February 20, 1995 The Mooresville Town Council met in regular session Monday, February 20, 1995 at 7:30 p.m. at the Mooresville Town Hall. Council members present were Pat Overholser, William Wright, Andy Pygman, Dick Heald and Tim Viles. No members were absent. Mr. Phil Smith, representing Woods Industries, Inc. appeared before the Council requesting a tax abatement for Woods Industries, Inc. for six years on real property and five years on new manufacturing equipment. The Mooresville Redevelopment Commission approved Resolution 1-1995 A Resolution approving the application for a tax abatement in an economic revitalization area that is also located in an economic development area for Woods Industries, Inc. This resolution was approved February 15, 1995 by a unanimous vote of the Mooresville Redevelopment Commission. Motion was made by Councilwoman Overholser, second by Councilman Pygman confirming that Woods Industries meets all criteria for a tax abatement. Motion carried unanimously. Motion was made by Councilman Wright, second by Councilwoman Overholser to grant the requested tax abatement for Woods Industries, Inc. for six years on real property and five years on new manufacturing equipment. Motion carried unanimously. Woods Industries, Inc. appeared before the Council requesting permission to access the Town's sewer system for the proposed facility Woods Industries will construct on South State Road 67, and to have the Council establish the availability fee for this facility. Sewer Collection Superintendent Joe Beikman advised the Council that according to the Town's sewer availability ordinance this facility would be assessed an availability fee based on the number of people employed. Woods Industries, Inc. has certified to the Town they will employ forty-two employees in the first phase of this project. In reviewing water usage of like facilities, as stipulated in the ordinance, Mr. Beikman has determined this facility should be assessed .1 E.D.U. (equivalent dwelling unit) per employee, or $8,400.00. Fifty percent of this fee will be payable prior to final plat approval and fifty percent payable prior to the issuance of a building permit for this project. Motion was made by Councilwoman Overholser, second by Council- man Wright to set the sewer availability fee for Woods Industries, Inc. proposed facility on south State Road 67 at $8,400.00. Motion carried unanimously.