Commission revokes industrial exemption certificate for Connelly Composites; staff to evaluate clawback
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Summary
The commission voted to revoke the industrial facilities exemption certificate issued to Connelly Composites in February 2019 after staff determined the company is no longer occupying the facility; city staff said a clawback analysis of previously received benefits will follow.
The commission voted to revoke an industrial facilities exemption certificate previously issued to Connelly Composites in February 2019 after staff reported the company no longer occupies the facility for which the abatement was granted. City staff explained that, under the city’s policy, recipients generally receive a 12‑year term but the certificate may be revoked and benefits clawed back if the company does not remain for the committed period. Staff said further research is needed to determine whether Connelly Composites remains related to other entities and to calculate any recoverable benefit; the commission approved the revocation resolution.