Green hoping company relocates to city
GREEN — Green officials are hopeful a financial assistance offer will entice a manufacturing company for the beverage industry to can its current location and relocate to the city.
At the July 8 Green City Council meeting, Council unanimously approved a municipal economic development grant agreement with Stolle Machinery, which provides high-speed can making equipment to plants around the world, according to the company website.
Councilman John “Skip” Summerville (Ward 4) said the proposition is favorable for the city.
According to the approved legislation, Stolle Machinery, currently occupying a facility in Canton, proposes to relocate its operation to an existing facility in Green’s CAK International Business Park, located along Massillon Road near the Akron-Canton Airport.
The legislation explains Stolle recently purchased new equipment, but the current location cannot accommodate its growing needs.
Stolle plans to create 127 permanent high-skilled full-time positions in the city, with an approximate annual payroll of $7 million for a period of five tax years, Summerville said.
According to city officials, to facilitate the expansion of Stolle’s into Green and improve the economic climate in the community, the city agreed to make annual grant payments to the company, following the advice of Mayor Dick Norton.
The agreement states the city would pay a grant to the company from revenue sources determined by the city. Green would provide a grant of $200,000 to offset relocation and building modification costs in two installments over two fiscal years, with the first payment of $100,000 to be made by Dec. 31 and the other prior to March 31, 2015, according to the agreement.
These payments are contingent on the company signing a lease for a building at the CAK International Business Park prior to Nov. 1, the agreement states.
In addition, the agreement indicates the city would grant the company 50 percent of the city’s annual income tax withholding receipts derived from the retention, creation and relocation of a total of 127 employees for a period of five years, beginning Jan. 1, 2016.
The agreement also states the company must maintain its operations in the business park until Dec. 31, 2027.
Also during the regular meeting, Council approved allocating about $600,000 to address ongoing storm water issues in the city.
During the Transportation, Connectivity and Storm Water Committee meeting held earlier in the evening, Council heard from several residents concerning ongoing flooding in their neighborhoods.
The administration was provided photos to document the damage their properties sustained during recent rain events.
“We realize there are problems out there,” said Councilman Ken Knodel (Ward 3). “Council is working with the administration to alleviate these issues.”
He added some of the problem spots don’t have an “easy fix,” however.
Norton said the city is allocating staff and qualified resources to find solutions to the current storm water problems.
“We are committed to doing it right,” he said.
Additionally during the regular meeting, Council approved, after a lengthy discussion, to amend recently approved requirements for taxicabs and transportation services operating in the city to require a combined single limit of $300,000 for liability insurance, as opposed to the $500,000 originally proposed, and $1 million in comprehensive liability coverage, said Gerard Neugebauer (at large).
Councilman Joel Reed (at large) said the “compromise” would protect the public but not drive current taxi companies out of business.
Also at the meeting, Summerville announced Council will hold three public hearings at the Aug. 12 regular meeting at 7 p.m. at the Central Administration Building (CAB), 1755 Town Park Blvd.
The first public hearing is regarding a rezoning request of 0.9 acre of land at 3911 S. Main St. from R-1 (Single-Family Residential) to B-1 (General Business), Summerville said.
The second public hearing is for a rezoning request for more than 17 acres of land on Liberty Green Drive from B-1 (General Business) to R-2 (Multi-Family Residential), Summerville added.
The third public hearing is concerning the general development plan for a proposed senior housing project on the east side of Massillon Road south of Graybill Road, he said. Summerville added the developer will be on hand to further discuss the plan.
Council now is in recess for the remainder of July.
The next regular Council meeting will take place Aug. 12 starting at 5 p.m. with committee meetings and followed by the regular meeting at 7 p.m. in Council Chambers at the CAB.
More Community News
- Akron police to assist at GOP convention
- Junior Rangers explore CVNP
- County looking at summer roadwork spending
- Celebrate national parks’ centennial at CVNP
- Deconstruction program building up community
- West Side News & Notes
- ACLU sues Akron over panhandling law
- Temporary bridge bypass opens on Towpath
- Proposed charter changes in Fairlawn continue to draw debate
- Copley trustees to appoint new fiscal officer
- Bids announced for 2016 road projects in Bath
- Boston trustees discuss policy on culvert pipe installation
- Sharon trustees address transportation concerns
Calendar of Events
- Small Footprint: Road Trip - 5/5/2016
- University of Akron Symphony Orchestra - 5/5/2016
- “Star Wars: Episode VII - The Force Awakens” - 5/5/2016
- Homeschoolers: Backyard Pollinators: ages 7-10 - 5/6/2016
- Play and Stay Friday - 5/6/2016