Revised Economic Development & Special Development Projects Committee Meeting

December 11, 2018 10:00 AM

City Council Chamber

1. Ratification of the receipt of information received at the November 8, 2018 Economic Development & Special Development Projects Committee meeting.

2. Presentation – Industrial Ad Valorem Tax Exemption Program (ITEP):

         Review of legislative instruments and policy considerations for the Industrial Ad Valorem Tax Exemption Program (ITEP):

• This ordinance is meant to establish the general review process, procedure, and approval criteria for participation in the Industrial Ad Valorem Tax Exemption Program (ITEP), which offers tax incentives for manufacturers within the State of Louisiana:

1. The original ordinance Cal No 32,472
2. Proposed amendment to Cal No 32,472
3. ITEP Overview Items (three pages)
4. Governor Edwards Executive Order - ITEP
5. ITEP New Orleans (one page)
    

3. Presentation – The Disparity Study:

• An update on the Disparity Study and follow up items.

            Presenter:  Ernest Stalbete - Collaborative Representative

4. Adjourn

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