07-26-10 Common Council Meeting Minutes

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REGULAR MEETING JULY 26, 2010 Property Tax Abatement Consideration and that Statement of Benefits form completed by the petitioner, said form being prescribed by the State Board of Accounts, are sufficient to justify the deduction granted under Indiana Code 6-1.1-12.1-4.5. SECTION III. The Common Council hereby accepts the report and recommendation of the Department of Community and Economic Development, and the Community and Economic Development Committee's favorable recommendation, that the area herein described be designated as an Economic Revitalization Area for purposes of personal property tax abatement and hereby makes such a designation. SECTION IV. The Common Council determines that such designation is for personal property tax abatement only and shall be limited to two (2) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION V. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of five (5) years. SECTION VI. The Common Council directs the City Clerk to cause notice of the adoption of this Declaratory Resolution for Personal Property Tax Abatement to be published pursuant to Indiana Code 5-3-1, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION VII. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Derek D. Dieter Member of the Common Council Councilmember Rouse, Chairperson, Community and Economic Development Committee, reported that this committee met on Bill Nos, 10-28 and 10-29 and sends them to the full Council with a favorable recommendation. Mr. Michael Calhoun, 3425 West Lathrop Drive, South Bend, Indiana, made the presentation for this bill. Mr. Calhoun advised that McCormick and Company is proposed to construct and equip an approximate 50,000 square foot addition to their manufacturing facility. The addition will house a distribution operation for the products it makes. They include ketchup, mustard, salad dressing etc. for major restaurant chains. He stated that the equipment to be purchased includes fork lifts, coolers, racking, computers, and furniture and fixtures. The estimated cost of the equipment is $875,173. He advised that the company is weighing where to locate this distribution operation. Sites in Michigan, Illinois, and other states where McCormick has manufacturing distribution facilities are also being considered. He noted that the addition is estimated to cost $5,010,913 for a total project cost estimated to be approximately $5,886,086. A Public Hearing was held on the Resolution at this time. There was no one present wishing to speak to the Council in favor of this bill. The following individual spoke in opposition to this bill. Rita Kopala, 66559 Ivy Road, Lakeville, Indiana, stated that she is against this bill. She advised that the Council is going through all of the motions for McCormick and they may move anyway. Councilmember Rouse made a motion to adopt Bill No. 10-28. Councilmember Oliver Davis seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes. 20