Resolution 15-07

This resolution designates a parcel owned by Cook Pharmica, LLC and known as 1501 South Strong Drive as an Economic Revitalization Area (ERA). This designation was recommended by the Economic Development Commission and will enable the expansion of Cook Pharmica’s vial and syringe filling capacity, creating additional jobs within the City. The resolution also authorizes a ten-year period of abatement for certain personal property improvements at 1501 South Strong Drive and sets its abatement schedule. The resolution also declares the intent of the Council to hold a public hearing on April 8, 2015 to hear public comment on the ERA designation.