Zanesville City Council passes amendments of 1999 and 2002 agreement with Mattingly foods.
Port Authority Executive Director Mike Jacoby said that the company expanded two freezers on its property which required large investments. The agreements made years ago offered tax abatements to Mattingly. The company is currently adjusting their business model after losing a major contract with Bob Evans.
"One of the things they've done is change the ownership of the real property," said Jacoby. "It's still a related company, but the real estate has changed hands with a corporate entity and we need to amend the enterprise zone agreement to reflect the new owner of the real estate. If we don't it jeopardizes the continuance of those enterprise zones."
If those zones were in danger the company's property taxes could rise.
"Considering they are trying to rebuild the business based on what's happened in the past, we don't want to pull the rug out from under them right now," said Jacoby.
The Muskingum County Commissioners must sign off on the change as well. City Council also passed an amended enterprise zone for Time Warner Cable.
In other Council news the rezoning of property for Goodwill and Tom's Ice Cream Bowl passed, as well as an ordinance establishing pay, benefits and employment policies for unaffiliated employees. Council also passed a temporary budget.