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10/14/1993, Public Hearing Meeting MinutesPage 2042 MINUTES OF KENNEDALE CITY COUNCIL PUBLIC HEARING - OCTOBER 14, 1993 100 E. BROADWAY ST. - COMMUNITY CENTER Mayor Abbott called the public hearing to order at 7:05 p.m. Members present were Mayor Abbott, Mark Wright, Robert Mundy and Tom Boone. Pete Kirkpatrick and Ron Kovach were absent. Staff in attendance were Ted Rowe, Michael Box, Joey Highfill, Vicki Thompson, Kathy Turner, Linda Royster and City Attorney, Don Driver. Mr. Wayne Winters, 215 S. Village St., representing FWT, Inc., made a presentation for designation of a reinvestment. zone located in the 1200 Block of West Mansfield Highway which contains 59 acres. In addition, Mr. Winters requested a tax abatement at 100 percent for ten years for proposed improvements on 25 acres, and stated the remaining 34 acres would be available for other users. Mr. Leon Swiney, 1305 Bowman Springs Road, expressed his uncertainty towards tax abatements. Mr. Swiney feels tax payers cannot bare the burden of abatements. Mayor Abbott stated FWT, Inc., would still be taxed on the land itself, not on future improvements. No one else wished to speak for or against the reinvestment zone. There being no further discussion, Mayor Abbott adjourned the public hearing at 7:30 p.m. APPROVED: MAYOR B LL ABBOTT ATTEST: ~._ ~- KATHY T NER CITY SECRETARY