Agenda Item # 5
Columbus Consolidated Government
Council Meeting
03/14/2017
Agenda Report # 104
TO: Mayor and Council
SUBJECT: Enterprise Zone Applicant - Chattahoochee Pallets, Inc.
INITIATED BY: Planning
Recommendation: Approval is requested to approve the enterprise zone
application for property tax abatements through the enterprise zone program for
Chattahoochee Pallets Inc. for up to 10 years.
Background: Chattahoochee Pallets Inc. is a locally owned and operated business
in Columbus that supplies wooden pallets to the various manufacturing and food
processing industries in the area since 1984. The business has relocated and
expanded to its current location at the old Sears Warehouse at 4157 Old Cusseta
Road, occupying a previously vacant building within the enterprise zone. The
company has invested $445,000 into the property and has hired five new
employees. They plan for future expansions at the site as well as hiring an
additional 11 more employees over the next five years. Among the new hires,
some are residents of public housing and have participated in job training
programs. The property is owned by LLW Holding LLC, a parent company for the
business.
Analysis: The applicant has met the necessary employment requirements for the
enterprise zone program and is an eligible business. The landscaping
requirement is recommended to be waived as the property has no unpaved surface
area and is surrounded by a retaining ditch and fence.
Financial Considerations: An estimated $9903.27 in lost property tax per year
for up to 10 years ($99032.70).
Projected Annual Fiscal Impact Statement: An estimated $9903.27 in lost
property tax per year for up to 10 years ($99032.70).
Legal Considerations: None anticipated.
Recommendations/ Actions: Approval is requested to approve the enterprise zone
application for property tax abatements through the enterprise zone program for
Chattahoochee Pallets Inc. for up to 10 years.
A RESOLUTION
NO. _____
A RESOLUTION AUTHORIZING APPROVAL OF THE REQUEST FOR CHATTAHOOCHEE PALLETS INC.
OF COLUMBUS, LOCATED AT 4157 OLD CUSSETA ROAD, TAX MAP PARCEL ID 089 019 001,
TO RECEIVE TAX ABATEMENTS UNDER THE STATE OF GEORGIA ENTERPRISE ZONE ACT.
WHEREAS, Chattahoochee Pallets Inc., (Tax Map Parcel ID #089 019 001) is
located within the boundaries of the Columbus Business Development Center
(Enterprise Zone); and,
WHEREAS, Chattahoochee Pallets Inc. proposes to make or has made an additional
investment in personal property at their Old Cusseta Road location in the
amount of $445,000; and,
WHEREAS, the project meets the Enterprise Zone business type criteria as
manufacturing; and,
WHEREAS, Chattahoochee Pallets Inc., will create at least 5 jobs at this
particular location prior to the tax abatement period, and maintain the5 jobs
(net) during the full length of the tax abatement period in order to provide
additional economic stimulus to the area; and,
WHEREAS, Chattahoochee Pallets Inc. will provide operating statements, income
and expense information, as well as before and after photographs to the Board
of Tax Assessors at the stage of completion as of the January 1 valuation date
as set by Georgia code.
NOW, THEREFORE, THE COUNCIL OF COLUMBUS, GEORGIA, HEREBY RESOLVES AS FOLLOWS:
That the Council of the Consolidated Government of Columbus hereby authorizes
and approves Chattahoochee Pallets Inc., located at 4157 Old Cusseta Road, Tax
Map Parcel ID #089 019 001 to receive abatement of taxes as allowed by law
under the Enterprise Zone Employment Act of the State of Georgia. Chattahoochee
Pallets Inc. shall comply with the listed requirements in order to receive
those tax abatements:
1. Chattahoochee Pallets Inc. will show proof to The Board of Tax Assessors
every year that they are maintaining those five (5) new jobs required under the
Enterprise Zone Employment Act. Failure to maintain those new jobs will result
in the termination of the tax abatements.
2. The Board of Tax Assessors also requires recipients to provide notice of the
status of the project as of January 1 of each year in order to grant the
abatement. This information enables the Board to value the property at the
stage of completion as of the January 1 valuation date as set by Georgia code.
The Board would need to know when the project is considered completed.
_____________
Introduced at a regular meeting of the Council of Columbus, Georgia, held the
_________ day of _____________, 2017 and adopted at said meeting by the
affirmative vote of _____________ members of said Council.
Councilor Allen voting __________.
Councilor Baker voting __________.
Councilor Barnes voting __________.
Councilor Davis voting __________.
Councilor Garrett voting __________.
Councilor Henderson voting __________.
Councilor Huff voting __________.
Councilor Thomas voting __________.
Councilor Turner Pugh voting __________.
Councilor Woodson voting __________.
_____________________________ ________________________
Tiny B. Washington, Clerk of Council Teresa Pike
Tomlinson, Mayor
Attachments
No attachments for this document.