Item Coversheet


Item Title:
REPORT - NO FURTHER ACTION - TIF Agreements, Ocean Fleet Fisheries, Quality Custom Packing and Shuster Corp.

Item Detail:

15. REPORT, Committee on Finance, recommending to the City Council to take “NO FURTHER ACTION” on the WRITTEN MOTION, Councillor Morad, requesting that New Bedford Economic Development Council Executive Director Derek Santos, appear before the Committee on Finance to provide an update regarding the actions his office is undertaking to ensure that three New Bedford companies with active TIF Agreements; Oceans Fleet Fisheries, Inc., Quality Custom Packing, Inc., and Shuster Corporation; are brought into compliance with the annual reporting requirements as per the companies TIF Agreements, said companies last submitted annual reporting as of 2017, 2018 and 2018 respectively.

 

15a. WRITTEN MOTION, Councillor Morad, requesting that New Bedford Economic Development Council Executive Director Derek Santos, appear before the Committee on Finance to provide an update regarding the actions his office is undertaking to ensure that three New Bedford companies with active TIF Agreements; Oceans Fleet Fisheries, Inc., Quality Custom Packing, Inc., and Shuster Corporation; are brought into compliance with the annual reporting requirements as per the companies TIF Agreements, said companies last submitted annual reporting as of 2017, 2018 and 2018 respectively. (Referred to the Committee on Finance – March 10, 2022.)



Additional Information:
ATTACHMENTS:
DescriptionType
REPORT-NO FURTHER ACTION-TIF Agreements - Oceans Fleet Fisheries, Quality Custom Packing and Shuster Corp.Cover Memo