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REGULAR MEETING APRIL 23, 2007 <br />Mr. Jim Tuesley, Attorney, Barnes & Thornburg LLP, 600 1 gc Source Bank Center, 100 <br />North Michigan, South Bend, Indiana, made the presentation on behalf of the owner, <br />Mark Harman, President, Stanz Food Service, Inc. <br />Mr. Tuesley advised that Stanz Food Service is a full-line, food service distribution <br />business. Stanz uses its warehouse and distribution facility to store dry, refrigerated, and <br />frozen goods to facilitate the transfer and delivery of such goods to customers throughout <br />Northern Indiana and Southern Michigan. Land acquisition costs have been incurred by <br />Stanz to facilitate the use of its site in the Airport Industrial Park area. The proposed <br />project will enable Stanz to increase the size of its warehouse and distribution facility, <br />enhance operating efficiencies through new cold/freezer warehouse technology, and <br />accommodate growth in its full-line grocery warehouse and distribution business. Stanz <br />proposes to make a substantial investment in new real estate construction and <br />rehabilitation at their primary warehouse and distribution facility located on Commerce <br />Drive. The investment includes a new cold/freezer warehouse facility totaling 48,000 <br />square feet to be connected to Stanz's existing facility, at an estimated cost of $6.6 to <br />$8.8 million. An additional investment between $600,000 and $800,000 would be used <br />to rehabilitate Stanz's existing office and warehouse facility. The redevelopment and <br />rehabilitation project will not create any additional full-time or part-time permanent jobs <br />within the first year; however Stanz will be able to maintain 162 existing, permanent, <br />full-time jobs and nine (9) existing, permanent, part-time jobs with an annual payroll of <br />$7,251,439. <br />A Public Hearing was held on the Resolution at this time. <br />There was no one present wishing to speak to the Council in favor of this Resolution. <br />The following individual spoke in opposition to the Resolution. <br />Mr. Paul Borowski, 3217 Cabot Drive, South Bend, Indiana, stated that he is in <br />opposition to the tax abatement for Stanz Food Service, Inc. Mr. Borowski advised that <br />the Council should put a moratorium on tax abatements until the City sees the impact of <br />the 2% Circuit Breaker Legislation. <br />Councilmember Dieter made a motion to adopt this substitute Resolution, <br />Councilmember Varner seconded the motion which carried and the Resolution was <br />adopted by a roll call vote of eight (8) ayes. <br />RESOLUTION NO. 3741-07 A RESOLUTION OF THE COMMON COUNCIL <br />OF THE CITY OF SOUTH BEND, INDIANA, <br />AUTHORIZING THE MAYOR TO SUBMIT TO <br />THE INDIANA FINANCE AUTHORITY AN <br />APPLICATION FOR A STIPULATED <br />REMEDIATION GRANT OF UP TO $100,000 <br />FOR PROPERTY LOCATED AT 101 N. <br />MICHIGAN STREET, SOUTH BEND, INDIANA <br />WHEREAS, Michigan Street, LLC is interested in submitting an application for a <br />Stipulated Remediation Grant from the Indiana Finance Authority for asbestos abatement <br />at 101 N. Michigan Street, South Bend, Indiana, and <br />WHEREAS, the Indiana Brownfields Program required that the grant application <br />be submitted by the political subdivision on behalf of a property located within its <br />jurisdiction and <br />WHEREAS, the Mayor of the City of South Bend, Indiana, is the Chief Executive <br />Officer of the City and is the appropriate applicant for a Stipulated Remediation Grant <br />from the Indiana Finance Authority as part of the Indiana Brownfrelds Program. <br />24 <br />