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HomeMy WebLinkAboutIDC 04/29/1996�.l 7 Mansfield Industrial & Development Commission April 29, 1996 96 DEC 23 PM 3: 28 MEETING SUMMARY The meeting was called to order at 7:31 PM in the conference room located in the Mansfield Electric Department's office building. The members present included Jay Barrows, Karl Clemmey, Dennis Grady, Tom Prestwich, and Ian MacDonald. Also present were William F. Williams - Town Manager, John Larch - Electric Department Manager, Chris Marion - Assistant to the Town Manager and Patrick Mullaney - Cabot Partners. Not present was Jack Vultaggio. 1. Meeting Summary Tom Prestwich moved to accept the 3/21/96 Meeting Summary (Second - Dennis Grady). 2. Draft Letter and Industrial Business Survey The Commission members reviewed and approved the letter that will be sent to the businesses located in the Industrial Park by each individual member. JB said that before the letters are sent, each IDC member should call the businesses that they are responsible for to verify the contact persons. The IDC then reviewed the Industrial Business Survey and discussed several minor additions and changes. It was also decided that the survey would be used by the IDC members, once they establish contact with their respective businesses. 3. Discussion with Patrick Mullaney from Cabot Partners Patrick Mullaney talked about the Cabot Partners organizational structure and how his company is an "agent of the owner" with regards to the 4-5 penchant funds (limited partnerships). The types of "business friendly" initiatives that he thinks would be beneficial for the Town to explore include: reducing the frontage requirements for non- conforming lots that are zoned I1, allowing shared parking lots for neighboring facilities in the Industrial Park and streamlining the "use" variance process. 4. New Business A. The Commission reviewed and accepted the Mission Statement. The original will be signed at the next meeting and distributed to the Board of Selectmen, Master Plan Commission, etc. B. In reference to tax incentives for undeveloped parcels, DG pointed out that several businesses are already filing for abatements using out-of-state attorneys. JL added that Mansfield Industrial & Development Commission April 29, 1996 - Meeting Summary Page Two taxes or utilities do not "make or break" a business's decision to locate in a certain area, it depends more or less on the market. IM and JB also brought up other types of possible incentives such as tax increment financing for infrastructure. C. It was decided that future meetings with Park representatives would be scheduled by each individual IDC member, once the new letter is sent out and contact is established. D. Other - It was decided that a one page Mansfield Community Summary will be put together and certain industrial businesses will be targeted/approached via letter and advertisements in certain publications. The specifics will be discussed at an upcoming IDC meeting. 5. Next Meeting The next meeting will be scheduled for a Monday in May. 6. The meeting was adjourned at 9:25 PM. eA. V�� cc: William F. Williams, Town Manager John Larch, Manager, Electric Department