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Council finds multiple businesses in compliance with CF1 tax phase-in requirements; inspectors note investment and hiring updates
Summary
During CF1 tax phase-in reviews the council voted to find a series of businesses—Tempest Technologies/11th & Phillips (PNC), 316 Real Estate, 617 Holdings/2612 Holdings (Dec Metal Finishings), Auburn Gear, Kitech USA and OSL, SCP Real Estate LLC, Metal Technologies, Straw Band Group, and Phoenix Auburn Industrial—in compliance or substantial compliance; staff cited employee counts, capital investments and equipment updates in support of findings.
The Auburn Common Council completed its CF1 tax phase-in review and approved findings of compliance or substantial compliance for numerous local businesses.
Inspectors and councilmembers reported employment and investment details for each property on the agenda. Tempest Technologies (doing business as PNC) was reported at 119 employees and found in compliance. 316 Real Estate was reported at 121 employees and was found in substantial compliance. 617 Holdings and 2612 Holdings (Dec Metal Finishings) are preparing to move, remain at roughly 120 employees, and were found substantially compliant.
Auburn Gear was reported at about 120 employees, with staff noting investigations into automation and use of interns; the council found the firm in compliance. Kitech and OSL, presented together as colocated operations, reported roughly 69 and 286 employees respectively and were found in substantial compliance. SCP Real Estate LLC reported several capital equipment purchases (reportedly $2.8 million, $1.8 million and $1.5 million items) and a potential product-line expansion while employment remained steady; council found it substantially compliant. Metal Technologies described installation of a second production line arriving in July; Straw Band Group showed significant renovation and retail usage in its uptown facility. Phoenix Auburn Industrial reported that Thermatru is leasing a building and employing about 15 people on site. Motions to find each firm in compliance or substantial compliance were moved, seconded and approved by voice vote as recorded in the transcript.
Council President thanked the committee for completing inspections and noted the tax phase-in process as an important economic tool for Auburn.
