09/24/07 Community and Economic Development Committee Minutes

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Community and Economic Development Committee September 24, 2007 Page 2 Mayor Luecke stated that the current Weed and Seed site has a "great track record". There was no one to speak in opposition to the Bill. Council Member White made a motion, seconded by Citizen Member Wolfson that Bill No. 07-120 be recommended favorably to Council. The motion passed. hill No. 07-123: Residential Real Pro ert Tax p-batement Re uest of Habitat for Humanit for 1247 Howard Street: Council Member Puzzello called for a presentation on Bill No. 07-123 which is a request far a 5-year residential real property tax abatement for Habitat for Humanity for the property located at 1247 Howard Street. Bob Mathia, Economic Development Assistant Director reviewed his report dated September 11, 2007 (copy attached). He noted among other things that the petitioner proposes to build a $55,000 single-family home. Taxes to be paid during the abatement period are estimated to be $1,371.00. He state that the project meets the qualifications fora 5-year real property tax abatement under South Bend Municipal Code ~ 2-77.1. Violet Schorsch of Habitat for Humanity of St. Joseph County with offices located at 402 East South Street, South Bend, Indiana made the formal presentation. She noted that the couple who will be moving into this home are married with two {2) children; and that they are required to take a series of financial management classes, Martha Lewis of 308 S. Francis spoke in favor of the abatement. No one spoke in opposition. 1='ollowing discussion, Gitizen Member Panzica made a motion, seconded by Council Member White that Bill No. 07-123 be recommended favorably to Council. The motion passed. Miscellaneous Business: The Council Attorney noted that seven (7) of the nine (9) Confirmatory Tax Abatement Resolutions on tonight's Common Council agenda have agreed to the new language addressing the Circuit Breaker. As a result, each of those seven (7) petitioners have approved their Memorandums of Agreements (MOA)and final action may be taken on those this evening.