Chesterton Tribune

 

 

Has Addison Pointe hired enough staff? Tax break to be reviewed Wednesday

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The Chesterton Tax Abatement Advisory Committee will meet at 3:30 p.m. Wednesday, May 20, at the municipal complex, 1490 Broadway, to conduct its annual review of the tax abatement granted to Long Term Care Investments II LLC (LTCI), the owner of the Addison Pointe Health and Rehabilitation Center at 780 Dickinson Road.

Note: the meeting will be held at the municipal complex at Broadway and 15th Street, not at the town hall.

There is no public hearing involved in this annul review, but the public is welcome to attend with its comments and questions.

At issue: whether LTCI has complied over the last year with the terms of the 10-year tax abatement, specifically, whether the company has hired enough people to staff the Addison Pointe facility and whether it’s making a sufficient effort to hire Town of Chesterton residents.

LTCI originally applied for the tax abatement with the understanding that Addison Pointe would hire 100 persons with a total annual salary of $4,071,600.

Last year at this time, the committee was told that Addison Pointe employed 137 employees, 17 or 14 percent more than the number to which LTCI committed.

The total payroll, on the other hand, was $3,838,795, or 5.1 percent less than that pledged in the statement of benefits.

Meanwhile, there was a total of 148 hires in 2013, following 11 separate advertisement in four different sources, including the Chesterton Tribune and the Town of Chesterton’s municipal website.

Those 148 were hired out of 305 total applications; and of the 305 applicants, 67 were Town of Chesterton residents, about 22 percent.

But 52 percent of the Town of Chesterton residents who applied got jobs.

 

Posted 5/19/2015

 
 

 

 

 

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