06-26-06 Council Meeting Minutes

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REGULAR MEETING JUNE 26, 2006 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 Kuspa, Member, 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. Marcel Levin, Attorney, May, Oberfell, Lorber, 4100 Edison Lakes Parkway, Suite 100, Mishawaka, Indiana, made the presentation for this bill. Mr. Levin advised that PEI Genesis, Inc., will use the facility as its main world-wide production facility. PEI’s core business is the manufacture, assembly and distribution of electronic components, primarily electronic connectors. The Company also designs and manufactures electronic systems, cable assemblies and special connectors and components. All phases of the production process are housed in the facility including: receiving, inspection, inventory management, warehousing, quality, production, testing and shipping. 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 Kelly made a motion to adopt this Resolution. Councilmember Varner seconded the motion which carried and the Resolution was adopted by a roll call vote of seven (7) ayes. RESOLUTION NO. 3609-06 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 4747 WEST CLEVELAND ROAD AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF AN EIGHT (8) YEAR REAL PROPERTY TAX ABATEMENT FOR TULIPTREE ASSOCIATES/LLC/PEI-GENESIS, INC. 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 as 4747 West Cleveland Road, South Bend, Indiana, and which is more particularly described as follows: Commencing from the East Quarter of said Section 20, said point being approximately 68.62 feet South of the South right-of-way of Indiana East/West Toll Road (300’ total R/W) thence North 0104’10” West along the East line of the Northeast Quarter of Section 20, 704.03 feet to the point of beginning of this description; (note: The bearing for this description was derived from the recorded documents from the Right-of- Way undertaking); thence North 7734’00” West, along the North right- of-way of Cleveland Road 1346.24 feet; thence North 0038’36” West, 629.12 feet to the South line of the Plat of Clarence A. Gregory’s High Meadows Estates Subdivision; thence North 8937’14” East along the South line of the Plat of Clarence A. Gregory’s High Meadows Estates Subdivision and Hartman DeMaegt Subdivision, as recorded under Book 21, page H4 and Book 27, page H respectively; 1304.45 feet to the East line of the Northeast Quarter of said Section 20; thence continuing along 13