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Louisville City Council approves extending tax abatement

KEY ACTION: Approved extending a tax abatement agreement.
DISCUSSION: The most-recent extension of the 49% 12-year abatement was to have seen the project completed by December 2020. Historic Schilling sought an additional extension to December 2022 to complete the renovation of the second floor of the former Metzger Hardware building at 204 E. Main St. Citing the COVID-19 related downturn of the business climate, the developer was unable to meet that deadline with the intention of developing loft apartments in the downtown area.
Council acted as the now-defunct Board of Control, since that entity was disbanded with the November election passage of the revised City Charter. According to City Manager Larry Collins, that board was utilized to effect the initial abatement, and any changes to it must be done by the same body. The board also will act on the abatement for Unhitched, both of which must be acted upon by the Stark County Tax Commission. ....

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Louisville City Council accepts bid to replace water meters

Louisville City Council accepts bid to replace water meters
The Repository
KEY ACTION: Accepted a bid to replace water meters.
DISCUSSION: Neptune Equipment Co. of Cincinnati will install new water meters on all property using city water for $951,957. Neptune was the lowest of three bids and was lower than the expected $1.5 million construction costs estimated by CT Consultants of Akron.
The fixed-base advance meter infrastructure system, manufactured by AMI, will enable the city to move from the current meter reading, staggered between the north and south sides of the city in alternate months, to a monthly system citywide.
Project cost is expected to be covered from city funds previously allocated for such capital improvement projects in the water system. Council acted as the Board of Control on the approval. The project will reduce city expenditures for personnel to read the meters and produce the billing. ....

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