05-22-06 Council Meeting Minutes

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REGULAR MEETING MAY 22, 2006 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/Timothy A. Rouse Member of the Common Council Councilmember Kelly, Chairperson, Community and Economic Development Committee, reported that this committee held a Public Hearing on this bill this afternoon and voted to send it to the full Council with a favorable recommendation. Mr. Norman Blanchard, 52181 Broken Arrow Drive, Granger, Indiana, made the presentation for this bill. Mr. Blanchard advised that the project will invest 14.9 million of capital and $2.3 million of one-time expenses to consolidate McCormick’s manufacturing of U.S. condiment products into the South Bend facility. To accommodate the new production volume, all finished goods storage will be moved to a third party logistics firm, making room for the new ketchup process and packaging room. The current ketchup room will be renovated, and house jelly and salad dressing process and packaging lines. The large pouch filler areas will be reconfigured to fit one additional filler. Increased numbers in the workforce (38) require employee amenities (locker rooms, lunch room, restrooms) areas and front offices to be reconstructed requiring a small expansion (2,300 sq. ft) on the front of the facility, a larger transformer will be installed, and additional parking for employees will be added. Mr. Blanchard stated that it is estimated that the total project will create thirty- eight (38 new, permanent, full-time jobs representing a new annual payroll of $989,498. The project will also maintain ninety (90) existing permanent full-time jobs and two (2) existing part-time positions representing an annual payroll of $4,555,600. 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 Varner made a motion to adopt this Resolution. Councilmember Dieter seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes Councilmembers Puzzello and Varner thanked McCormick and stated that they support the company in all their future endeavors. RESOLUTION NO. 3593-06 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 820, 626, & 618 LINDENWOOD DR. 10