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May 3, 2005 The Mooresville Town Council met in regular session on Tuesday, May 3, 2005, at 6:30 P. M. at the Mooresville Town Hall. Council members present were: President Tom Worthen, Tray Bryant, John L. Clark, Toby Dolen, and Eric Shields. No council members were absent. Town attorney Tim Currens was not present. Larry Floyd, First Baptist Church, gave the invocation. A motion was made by Councilman Clark with a second by Councilman Bryant to approve minutes of April 19, ZOOS. Motion carried 5-0. Councilman Bryant reported Nina Langley would not be present tonight because of a retirement dinner. Mrs. Langley wanted to request purple foot prints for Relay for Life event. Joe Beikman had said the street department would paint them. A motion was made by Councilman Clark with a second by Councilman Dolen to have Joe Beikman and the street department paint the footprints with the paint from C & C in Plainfield for Relay for Life. Motion carried 5-0. John Taylor, Morgan County Economic Development Director, presented athree-year tax abatement an building for Honey and Me. A motion was made by Councilman Clark with a second by Councilman Dolen to approve Declaratory Resolution #4, 2005 for a three-year tax abatement on real property. Motion carried 5-0. John Taylor presented Ambassador Steel proposal for tax abatement. Linda Heyerly and Dave Trout, construction manager, reported the real property expansion to be 16,000 square feet and would be for additional equipment. They will retain thirty-four jobs and add around six additional jobs. Real property value $750,000 and equipment value $400,000. A motion was made by Councilman Shields with a second by Councilman Clark to approve Declaratory Resolution #5, 2005 far six year abatement on real property for Ambassador Steel. Motion carried 5-0. A motion was made by Councilman Dolen with a second by Councilman Shields to approve Declaratory Resolution #6, 2005 for personal property for Ambassador Steel. Motion carried 5-0. John Taylor then proposed to take $110,000 Build Indiana Funds for infrastructure of a road that would enter in to PacMoore and continue on past the Fields property opening up that parcel for further industrial use. A question of maintenance an the road was brought up but Jae Beikman said actually the property the road would be an is owned by the State. John reported a State Senator told him as long as the money was used for traffic, it could be spent. Joe Beikman said the money was to be used for economic development for industrial improvements. Councilman Bryant said, so FacMoore is counting on the Tawn to contribute something. Jahn Taylor answered yes. We were told two-thirds of the employees were $'7.50 to$9.00 per hour to start and that is a strain on local government and county with wages at that level. We approved the abatement and go thru the motions to bring them here and now they want more help. I don't think we need to lay out the red carpet and open the doors to bring in an employer that is only going to make this type of commitment in wages to the people in Morgan County. Councilman Bryant does not see the benefit to this community in doing so. That includes any businesses coming in with $$ to $9 arl hour. Councilman Shields asked John Taylor if he knew what the ballpark wage that is being made in the businesses on South 67. Jahn Taylor said the county average is $12.00 per