05/14/07 Council Meeting Minutes

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REGULAR MEETING MAY 14, 2007 project is estimated at $3,094,000. The new hotel will be constructed with modern conveniences such as a conference room, swimming pool, and exercise room. The estimated square footage of the project is 43,368. Mr. Feeney further advised that Chapter 2, Article 6, Section 2-81.1 of the South Bend Municipal Code allows for tax abatement for hoteUmotel development in the Central Business District, East Bank Development Area and the Airport Economic Development Area. The Petitioner is requesting a special exception for the hotel which will be located outside of those areas. It is estimated that the total project will create eleven (11) new, permanent, full time jobs and four (4) new, permanent, part-time jobs within the first year representing a new annual payroll of $200,000. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Kirsits made a motion to adopt this Resolution as amended. Councilmember Dieter seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes. RESOLUTION NO. 3748-07 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 3111 CORBY BLVD. AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR J. PATRICK & AIMEE G. MATTHEWS WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement have been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 3111 Corby Blvd., South Bend, Indiana, and which is more particularly described as follows: Parcel L Part of Lot Numbered Seven Hundred Ninety-three (793) as shown on the recorded Plat of McKinley Terrace Addition, Section "B", described as follows: One hundred Sixty-four and Thirty-four Hundredths (164.34) feet in width, East and West taken off of and from the entire west side of said Lot Numbered Seven Hundred Ninety-three (793). Parcel IL Part of Lot Numbered Seven Hundred Ninety-three (793) as shown on the recorded Plat of McKinley Terrace, Section "B", recorded September 10, 1953 in Plat Book 18, page "Mc", described as beginning on the North line of Corby Street at a point One Hundred Sixty-four and Thirty-four Hundredths (164.34) feet East of the Southwest corner of said Lot Seven Hundred Ninety-three (793), running thence east Forty (40) feet to the Southwest corner of Lot Numbered Eight Hundred Six (806) as shown on the recorded Plat of McKinley Terrace Addition, Section "C", recorded October 29, 1957 in Plat Book 20, page "Mc"; thence North Four Hundred Fifty (450) feet to the place of the beginning. and this property has Tax Key Number 018-5189-742101, be designated as a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et seq., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the 18