02/26/07 Council Meeting Minutes

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REGULAR MEETING FEBRUARY 26, 2007 SECTION L The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION IL The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of three (3) years, and further determines that the petition, the Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et sea. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. s/Timothy A. Rouse Member of the Common Council Mr. Richard Deahl, Attorney at Law, Barnes & Thornburg, 100 N. Michigan Street, Suite 600, South Bend, Indiana, made the presentation for this bill. Mr. Deahl advised that the South Bend Clinic will add a new (3) three-story 104,000 gross square foot building addition connected to the existing 100,000 square foot medical office structure and two separate tiered parking structures -one will be a three (3) story parking structure and the other will be a two (2) story parking structure, all on the main campus of the South Bend Clinic located on Eddy Street. The overall project is critical to accommodate growth in new physicians by the Clinic to serve an increasing patient population. In addition, the project will replace and expand current ambulatory surgical facilities. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councihnember Kelly made a motion to adopt this Resolution. Councilmember Dieter seconded the motion which carried by a roll call vote of eight (8) ayes. RESOLUTION NO. 3713-07 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 129 NORTH MICHIGAN STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF AN (6) SIX-YEAR REAL PROPERTY TAX ABATEMENT FOR MHM REALTY, LLC, TRIO'S RESTAURANT WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known MHM Realty, LLC, South Bend, Indiana, and which is more particularly described as follows: North''/z Lot 14 S 28' of E 99' Lot 13 O P South Bend 14