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The Commissioners and Sheriff Loar discussed the ramifications of delaying this item <br /> until the County Administrator, Management and Budget Director, and Sheriff can meet and <br /> return to the Board with a plan. <br /> Chairman Wheeler suggested tabling this matter until January 10, 2012. <br /> Commissioner Davis observed that postponing this matter would give staff more time to <br /> evaluate the suggested $300,000 appropriation, as well as provide time for the Commissioners to <br /> review the Sheriff's quarter-end financial data. <br /> ON MOTION BY Commissioner Davis, SECONDED by <br /> Commissioner Flescher, the Board unanimously approved <br /> to TABLE this item until the January 10, 2012 Board of <br /> County Commission meeting. <br /> 10. PUBLIC HEARINGS <br /> 10.A.1. CONSIDERATION OF INEOS NEW PLANET BIOENERGY LLC'S REQUEST FOR AN <br /> ECONOMIC DEVELOPMENT AD VALOREM TAX EXEMPTION (TAX ABATEMENT) <br /> (LEGISLATIVE) <br /> PROOF OF PUBLICATION OF ADVERTISEMENT FOR HEARING IS ON FILE IN THE <br /> OFFICE OF THE CLERK TO THE BOARD <br /> Planning Director Stan Boling, through a PowerPoint presentation (copy on file), <br /> provided background description and conditions pertaining to INEOS New Planet BioEnergy <br /> LLC's (INEOS) request for an economic development ad valorem tax exemption (tax <br /> abatement). He presented an analysis and verification of INEOS's eligibility for the tax <br /> abatement program which can be granted for up to ten years, with an annual decrease in scale. <br /> He outlined the amounts of property taxes projected to be paid by INEOS and abated over a ten- <br /> year period, reviewed the safeguards in the tax abatement program, and conveyed that the <br /> December 20, 2011 11 <br /> ATTAC UIEW 1 131 <br />