HomeMy WebLinkAbout10-26-2021 Industrial Development Board Meeting NotesMEETING
NOTES
C ity of Fairhope
Industria l Development Board
Date of Is s ue: I I/ 18/2021
MEETING PURPOSE: Re uest for Extension of Tax Abatement
MEETING LOCATION: The Nix Center MEETING DATE: October 26 , 2021
RECORDED BY: Steve McClure APPROVED BY:
PRESENT: Board members: Lee Webb, Steve McClure, Ryan Baker, Richard Johnson Ric
Lacey, and Carl Wegener.
Council Liaison, Jack Burrell
Baldwin County EDA: Tanner Jones
Segers Aero: Jeremy Hovater
Various guests
ITEM D ESCR IPTION O F DISCUSS I O N ACTION STATUS NO.
I Call to Order by Lee Webb at 5:02 p.m .
2 Introduction of Tanner Jones from the Baldwin County
Economic Development Alliance (EDA). Mr . Jones provided a
brief background a nd summary of the Segers ca pital project
and the related tax a batement a pproved by th is Bo a rd in
August of 2019.
3 Purpose of the Meeting -Mr. Webb advised that our primary
agenda item was to r eview a request for an extension of the
tax abatement fr om Segers Aero . Sege r s Ae r o is nearing
completion on their capital project to install a n engine test
stand at their Fa ir hope facility , which w ill allow them to
continue their growth, with this project adding five full-time
positions.
Mr . Hovater, of Sege r s Aero, provided an update on the
project noting that it was almo st complet ed, but due to w e ll
documented issues with the s upply chain resultin g from the
Covid-19 pandem ic, certain p ieces of capita l eq ui pment we r e
delayed and they were requesting the extension to cover the
delivery of the r emai ning equipment.
4 Mr. Jones and Mr. Hovater presented the a ppl ications for the
extension of the t ax abatement and reviewed them in deta il ,
answering all question s to the s atisfaction of th e board . A
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ITEM
NO.
5
6
MEETING
NOTES
DESCRIPTION OF DISCUSSION
motion was ma de by Steve McClure and seconded by Ryan
Baker to approve the extension of the abatement. All voted
in agreement wi t h the exception of Mr . John so n who asked to
be recused .
New Business: Mr. Webb advised the Bo a rd t hat T im Ros sen
had resigned from the Board and th at we had two a pplications
for membersh ip t hat were submitted through t he City of
Fai rhope.
The Board discussed reviewing our current bo ard makeup
and terms of service. Steve McClure was d ir e cted to contact
the City Clerk and determine exactly who w as on the board,
when their term exp ir es and how many va canci es we have .
Once this inform at ion is forwarded to the Board , we w ill
determine how best to proceed with filling th e va cancies .
In addition , the Bo ard determined that to fac ili tate community
outreach and involvement, we should schedu le a meet a nd
greet social event.
This will provide a n opportunity for the Boa r d to be available
to meet with potentia l board candidates and to provide
education and outr each to the public on t he pu r pose a nd
mission of the Fair hope Industrial Development Bo a rd .
The event will be held at the Fairhope Brewing Company
taproom on Tuesday, December 7th at 4 :30 p.m .
The meeting w as ad journed at 5 :52 .
C ity of Fairhope
Industrial Development Bo ard
D ate of Issue : I I/ 18/2021
ACTION STATUS
St eve
McClure to
determine
terms of
cu r rent
members a nd
vacancies
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