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960 Jeff Pipkin presented the CF-1's of the companies the council wanted to come back to this meeting to explain why they were not in compliance. PacMoore had estimated 100 jobs but currently have 65 employees. They have twelve temporary employees. Their abatement ends 2015 payable 2016. Their representatives reported they are talking about a$500,000 project and bringing in another company to their building. They expect to be at 100 full time employees by the end of this year. Bill Moore apologized for not being present. Dave Trout,Ambassador Steel was unable to be at the meeting but sent some information to the EDC office. Their real estate actual was more than the estimated. The employee estimate was 40 but they are at 28.Their equipment was estimated at$400,000 but is actually $292,500. Some employees retired and were not replaced. This is the last year of their abatement. A representative from General Shale, Mike Stacy,was present. He reported business was down 76% from 2006 due to the economy. The only run 11 people on the day shift currently. The biggest part of their business is going to Canada. There is no one building houses and that was 80% of their business. A CF-1 from Pro-Build/Carter Lee came in late. Their estimated employees were 1,066 but actual is 86 and personal property actual is $1,300,000. They have been to the Redevelopment Commission with'ari expansion. A motion was made by Councihnian,CXarlc with,, second by Councilman Harris to approve the CF-1"s for PacMoore, Ambassador Steel, General Shale, and ProBuild/Carter Lee. Motion carried 3-0. Joy Sessing, Morgan County Economic Development Corporation,presented a request for abatement for Mt. Olive. This had been before the Redevelopment Commission and received a recommendation it would not adversely affect the allocation area TIF 2. The abatement is for a new large die-cut press costing $225,000. This will allow them to do large parts. They hope to have the press in operation by December 1st, 2010. A motion was made by Councilman Clark with a second by Councilman Harris to approve a Declaratory Resolution#6, 2010 to approve a five year abatement. Motion carried 3-0. A Public Hearing will be held on August 17th at the Town Council meeting. Joy Sessing then presented a request for abatement for ProBuild/Carter Lee for real estate of$2,264,000 and $500,000 personal property. They qualify on the matrix for 10 years on each. This will retain 20 jobs and add 40 additional jobs. They had looked at Ohio and Kentucky areas also. This received a favorable recommendation from the Redevelopment Commission. The Redevelopment Comumission also approved incentive money in the amount of $150,000 contingent on paving all areas. A motion was made by Councilman Harris with a second by Councilman Clark to approve Declaratory Resolution#7, 2010 approving the abatement. Motion carried 3-0. The Public Hearing is August 17, 2010. A motion was made by Councilman Clark with a second by Councilman Harris to approve Ordinance 12, 2010, an amendment to Bond Ordinance 10, 2009 that restates the commitment of the Redevelopment Commission. This is for the SRF Loan and has to be done at two meetings and to approve a Special meeting on Friday, August 6t", 2010, at 1:00 P. M. at the Mooresville Government Center. Motion carried 3-0. Council President Ryan Goodwin made an executive appointment to the Redevelopment Commission a non voting school member of Ron Wright. Councilman Harris said he talked with Chief Viles about implementing tasers for the Police Department. There is not enough money in the Police budget so Councilman. Harris was looking $25,000 from the Riverboat Fund. He will have more information at the next meeting. Fire Chief, Tim Medsker,reported ninety-four(94)responses for July and five hundred seventy-eight (578) for the year. Street Superintendent, Joe Beikman, reported a list of streets and alleys to pave and wanted to advertise for bids. They will bid by the ton and square foot for milling 25% plus or minus. A motion was made by Councilman Clark with a second by Councilman Harris to approve advertising for bids. Motion carried 3-0. Joe also asked if the old State Road 67 was now a part of Town limits. If it is they need to look for a speed limit sign.