Economic Development & Special Development Projects Committee Meeting

April 09, 2019 10:00 AM

City Council Chamber

1.   Roll Call

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

a.  Review of the Rules and Regulations changes for the Industrial Ad Valorem Tax Exemption Program (ITEP):

An ordinance to set guidelines by which the Office of Economic Development (OED) and the Orleans Parish Industrial Tax Exemption Review Committee are designated by the Council, to oversee compliance, 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.

b.  Review of the changes to the ITEP Resolution -   Ellen Lee – Director of Community and Economic Development

3.  Adjourn

*The next meeting is scheduled for Monday, May 13, 2019 at 10am in the City Council Chamber.

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