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12-05-03 Redevelopment Commission Minutes
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12-05-03 Redevelopment Commission Minutes
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South Bend Redevelopment Commission <br />Regular Meeting— December 5, 2003 <br />6. NEW BUSINESS <br />A. Tax Abatements <br />(1) continued... <br />taxes in a timely manner is also critical to <br />the community. Mr. Hunt commented that <br />all taxes were paid up to date just prior to <br />submission of the present personal property <br />tax abatement application. <br />Mr. Hunt advised that the Redevelopment <br />Commission does not approve the abatement <br />of taxes. The Commission does, however, <br />decide whether to relinquish tax incremental <br />finance. Generally, the Commission is very <br />favorable to expansion, but with the current <br />uproar over taxes within the community, it is <br />politically a difficult situation to give an <br />abatement to a business with a history of tax <br />delinquencies. <br />Ms. Jones endorsed Mr. Hunt's remarks and <br />stated that Adapto's application and purpose <br />for the abatement are consistent with the <br />Commission's philosophy for <br />redevelopment. For the Commission to <br />endorse the behavior of a business that has <br />not been responsible in the payment of their <br />taxes does not necessarily send a good <br />message considering the current climate. <br />Ms. Greene advised that the Commission's <br />role in tax abatement is very limited. The <br />Commission is limited solely to making a <br />determination as to whether or not there is a <br />willingness to waive generated TIF funds as <br />a consequence of a tax abatement. The <br />Common Council is the actual granting <br />L <br />
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