Date: 13 December 2010
Chris Correnti, vice president, general counsel and secretary for AGC Glass Company North America, appeared before the council to ask it to reconsider a March decision to "claw back," or charge the company for, more than $300,000 in taxes the company hadn't paid in the past because of a tax break.
"Let's cut to the chase -- are you here tonight to ask for relief or are you telling us that you're not going to pay?" Mayor Bruce Smith asked Correnti after he made a brief statement.
Correnti explained to the council that a clawback, in this case, should not be legal.
AGC Flat Glass North America received a 10-year tax break when the company opened a facility in 2001 at 1508 George Brown Dr. that made custom insulated glass for residential windows.
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