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, , . <br /> . <br /> < , ,+► <br /> . , . . <br /> Minutes of Public Hearing <br /> Extension of Sales Tax Abatement in the Enterprise Zone <br /> June 20 , 1986 <br /> Community Development Conference Room <br /> Decatur, Illinois <br /> 4 :00 P.M. <br /> ----------------------------------------------------------------- <br /> Persons Present : Jerry Peck, Sims Lumber Company <br /> Lori Lehman, Sims Lumber Company <br /> Robert Menzies , Dept . of Community Development <br /> David Clark, Dept . of Community Development <br /> Mr. Clark stated the public hearing today is to consider <br /> extension of sales tax abatement in the Enterprise Zone for a <br /> period of one year. The sales tax abatement for the Decatur <br /> Enterprise Zone will terminate on June 30 , 1986 . The results of <br /> this hearing will go to the Decatur City Council and then to the <br /> Illinois Department of Commerce and Community Affairs for their <br /> final approval before it is officially enacted. <br /> Mr. Jerry Peck, Sims Lumber Company, stated they are very much in <br /> favor of the Enterprise Zone and would hate to see it dropped. <br /> Mr. Peck stated Sims Lumber did have some problems when it first <br /> started, but those problems have been straightened out . Of the <br /> construction jobs completed in Decatur, Mr. Peck felt that <br /> approximately 80% would have been done with or without the <br /> Enterprise Zone. The sales tax abatement does give Decatur an <br /> advantage, in that it gives an incentive to buy products in <br /> Decatur instead of in Springfield. <br /> Mr. Clark explained that there will be a time gap from the time <br /> the sales tax abatement ends until it begins again . It will <br /> terminate on June 30 , 1986 , and will not begin again until it is <br /> formally approved by the state . <br /> Mr. Menzies stated this will go before the Decatur City Council <br /> on June 30, 1986 . <br /> Mr. Peck expressed concern about what will happen if a job was <br /> started befor� the abatement ended, but will not be completed <br /> until after June 30th. <br /> Ms . Lori Lehman , Sims Lumber Company, stated from the building <br /> permits issued in the past two years , Sims Lumber has had over , <br /> $4 million in sales for the Enterprise Zone . <br />