'The last thing we want to do is pull an incentive,' she said.Īfter the review, she said, the city feels 'pretty comfortable' regarding the CRAs. Lyons said the city sent emails to the companies and they responded with recommendations for the number of full-time employees and payroll. He said the CRA form from the city didn't accurately reflect the structure of the landlord business.Ĭouncil member Monica Nenni asked if the number of full-time employees and payroll aren't relevant why is the city lowering the number and not eliminating them. Her husband Kevin Kimener said Torchlight Pass has six renters and serves as a landlord so it doesn't have any payroll.

All four were given 12-year, 100-percent tax abatements at different times as part of their CRA agreements, according to the city.Įconomic Development Director Chris Xeil Lyons said the city is reviewing all of its incentive agreements with a goal of being 'fair and equitable' with more importance on investment over job creation and payroll.Ĭouncil member Ami Vitori said she couldn't comment on the ordinances because her family owns two of the businesses, Torchlight Pass and MLH Developers.

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