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January 23, 2019

11/8/2009
Teabaggers! Where Are You!?
Why izzit you can never find a teabagger when you need one? Why aren't there Tea Party protests on the steps of City Hall? Don't the teabaggers think it's the least bit peculiar that the city is projecting a $250,000 shortfall in next year's budget yet continues to hand out millions of dollars worth of tax abatements to a handful of businesses? Oh ... in case you missed it, here are the latest tax abatement subsidies awarded by the City of Shelbyville:

Shelbyville OKs More Tax Abatements

City officials Monday night awarded new 10-year tax abatements to two local businesses and found a third business in compliance with continued tax abatement benefits.

Members of the Shelbyville Common Council voted 6-0, with Councilman David Phares absent, to grant a 10-year abatement to local chiropractor Dr. Dan Duran in the amount of $645,000. Duran, who currently practices at 1728 E. State Road 44, plans to relocate his business to 322 Duran Drive in Shelbyville Marketplace.

After the council granted the tax abatement, Mayor Scott Furgeson noted that it was unusual to grant tax abatement benefits to a business in a tax increment finance area. City officials voted a year ago to expand the Kroger TIF area to include the old Wellman, now Shelbyville Marketplace, property.

"However, considering the way the poor economy has slowed development over the last year, we think it's in the best interest of that area to grant the tax abatement," Furgeson said.

According to financial documents submitted to city officials, Duran plans to use $620,000 in benefits for redevelopment or rehabilitation of real estate on the old Wellman property between East State Road 44 and East Michigan Road and another $25,000 to purchase information technology equipment for his business.

"Dr. Duran plans to build a 14,000-square-foot, one-floor brick building at that location, which will be Shelbyville Marketplace," said attorney John C. DePrez IV, who represented Duran at the meeting.

Duran told the council the project should begin during the winter and be completed by spring 2010. He explained that his business currently employs eight workers earning $150,000 each year. The project should result in hiring at least two and possibly four more full-time workers, he said.

Dr. Duran started his practice at 1209 E. State Road 44 in 1994. In 2005 he purchased, remodeled and moved into the old Rax Restaurant building, his present location.

City officials also voted 6-0 to give DKH Properties LLC 10-year tax abatement benefits in the amount of $1 million, which the company plans to use to build a 12,000-square-foot brick building. Company officials told council members the new building will eventually house two retail establishments, creating eight new jobs, also at Shelbyville Marketplace.

Project manager Roger Fisher said the Shelbyville Marketplace project would begin almost immediately and be completed by April 2010.

Council members also voted unanimously to find American Finishing Resources, 1329 W. Fairland Road, in continued compliance with the terms of that company's tax abatement in the amount of $1.25 million. The metal-finishing and chemical coating company, now in the ninth year of a 10-year agreement, used the benefits to purchase manufacturing equipment. According to plant manager Jason Vaught, the company has two employees earning $85,120 in annual wages.

"We've been weathering the economic storm," Vaught told city officials. "But we do expect another $100,000 in business in the next 60 days."

By Ron Hamilton - staff writer - The Shelbyville News

Content Copyright The Shelbyville News



Reader Comments

Posted: Tuesday, November 10, 2009
Article comment by: Not this time

Fergie's the wrong color for the teabaggers to protest.

Posted: Monday, November 9, 2009
Article comment by: Just Wondering

Did Duran contribute to Furgy's campaign fund?

Posted: Monday, November 9, 2009
Article comment by: One Hung-Lo

Amen, brother! This city administration likes to hand out those tax-exempt blessings - to everyone except the average taxpayer.

Now that they've started handing out tax abatements to medical offices (Duran), I wonder how many local doctors, dentists, chiropractors, optometrist, veterinarian etc. offices will be wondering how come they have been missing out on the city dole?

I wouldn't blame them if they did.




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