On the agenda for the 7 p.m. Wednesday, Jan. 13, meeting is a collection of beginning of the year business.
Among the agenda items is an ordinance that if enacted, would authorize a Payment In Lieu Of Tax (PILOT) agreement between the city and the Copper City Lofts Housing Development Company.
The 40 year PILOT program is for the property at 183 W. Dominick St., according to city documents.
While exempt from municipal taxes, the PILOT payment, “shall be in the amount of $64,000 per year, increasing by 2% annually,” reads a resolution.
Because of the ongoing closure of city hall due to the COVID-19 pandemic, the meeting can be heard via a telephone livestream by calling 1-408-418-9388 and entering access code 179 009 9303#. Those wishing to speak during the general public comment portion of the meeting must register in advance with the city clerk’s office no later than noon on Wednesday, Jan. 13, by calling 315-339-7659.