Seymour City Council: Seymour approves Fostech tax abatement tied to $1.55 million investment and three jobs

Seymour City Council: The Seymour City Council unanimously approved a tax abatement for Fostech Inc. after accepting the company’s benefits statement for $1.55 million in new personal-property equipment and three additional jobs at 320 Myers St. The abatement request is for 10 years, though the minutes do not state the dollar value of taxes being waived. The council also advanced a rezoning for a proposed 3,000-square-foot Prosperity Financial office and approved vacating an alley between Pine and Poplar streets. Officials separately asked the Planning and Zoning Committee to review zoning standards for data centers; no data-center ordinance or approval was adopted at this meeting. [Pages 1–2]
• Seymour City Council: Seymour City Council accepted Fostech Inc.’s statement of benefits by a 6-0 vote. The company plans to add $1,550,000 in equipment and three jobs at 320 Myers St. and requested a 10-year tax abatement.
• Seymour City Council: Seymour City Council approved Resolution No. 18, granting Fostech Inc. a tax abatement for qualified personal property, by a 6-0 vote.
• Seymour City Council: Seymour City Council passed the second reading of a rezoning ordinance for about three acres at 5819 Schleter Road, changing the property from RS to C2 for Prosperity Financial’s proposed 3,000-square-foot office building. Planning and Zoning had recommended approval 9-0.
• Seymour City Council: Seymour City Council passed the second reading of an ordinance vacating the alley between Pine and Poplar streets by a 6-0 vote. Two parking spaces will be made available in the lot serving the house at the end of the alley.
• Seymour City Council: The Planning and Zoning Committee was asked to investigate and consider zoning standards for data centers after the clerk-treasurer cited issues in Shelbyville and Madison. The minutes record a request for review, not a final policy decision or project approval.
• Seymour City Council: A fraud-and-scams presentation was announced for 5:30 p.m. Monday, June 15, at Family Medical Center; it is expected to last 1.5 hours, and seating is limited.