03-19-04 Redevelopment Commission Minutes

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A South Bend Redevelopment Commission Regular Meeting —March 19, 2004 6. NEW BUSINESS A. Tax Abatements (1) continued... subsequently transferred to TriNet Essential Facilities. TriNet Essential Facilities has consistently complied with all annual reporting requirements. The building commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project. The building department also noted that a building permit was issued to Cequent Towing on March 11, 2004, approximately six (6) days prior to the submission date of the tax abatement request. A review of the South Bend Redevelopment designation areas finds that the property is located in the Airport Economic Development Area, which is a Tax Increment Allocation Area; therefore, the petition for real property tax abatement must first be approved by the South Bend Redevelopment Commission. Due to the issuance of the building permit prior to approval of the tax abatement, the petitioner does not meet the qualifications for the requested abatement; however, the petitioner has submitted a waiver resolution which, if approved by the Council, would allow the petitioner to be considered for the abatement on the merits of the project. The petitioner has indicated that they made a good faith effort to comply with the requirements, but unbeknownst to them a building permit was pulled by one of the contractors. If the Council approves the G 5