12.3.2019 Fall River City Council Meetings
The Fall River City Council held a series of meetings on December 3, 2019, beginning with public hearings on five curb removal petitions for residential properties on Guild Street, Hanover Street, Lucille Lane, Slade Street, and Wood Street. During the hearings, councilors discussed technical requirements with city engineering guidelines and confirmed direct abutter notification procedures before closing the hearings.
The Committee on Finance then convened to consider a five-year personal property Tax Increment Financing (TIF) agreement for SecZetta Inc., a cybersecurity firm relocating its headquarters from Newport, Rhode Island, to 1082 Davol Street in Fall River. Jason Hobart, Senior Vice President of Sales and Marketing, explained that the company recently raised a $10 million Series A funding round and plans to relocate 23 jobs and create 70 new positions with an average starting salary of $60,000. Although the acting mayor expressed reservations regarding personal property TIFs, the TIF Board had voted 3-1 to recommend approval, enabling the company to pursue state tax credits through the Economic Assistance Coordinating Council. Councilors requested that language ensuring a local hiring preference through the Bristol County Workforce Investment Board and Fall River Career Center be explicitly incorporated into the agreement.
During the regular council meeting, the council adopted the SecZetta TIF agreement as amended with the local hiring preference. The council also processed routine business, including passing miscellaneous traffic ordinances to final ordination, approving auto repair shop licenses, adopting committee reports, passing personnel ordinances to a first reading, and referring a resident's complaint regarding the feeding of stray cats to the Committee on Ordinances. Finally, the council voted to reschedule its next regular meeting from Tuesday, December 17, 2019, to Monday, December 16, 2019.
AI-generated summary. May contain errors. Watch the video to verify.
Spotted a mistake? and we’ll check it against the source.