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18-70 Renewing and Extending the term of the South Bend Urban Enterprise Zone
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18-70 Renewing and Extending the term of the South Bend Urban Enterprise Zone
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11/20/2018 10:29:26 AM
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11/19/2018 1:25:31 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
11/26/2018
Bill Number
18-70
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As part of the SSBC's original donation from the Torrington <br /> Company/Ingersoll Rand, the SBUEA oversaw significant environmental <br /> remediation on the site. This negotiated remediation was the <br /> responsibility of both parties,however there was never a formal close-out <br /> using the State of Indiana's Voluntary Remediation Program (VRP). The <br /> SBUEA began the VRP process with the Indiana Department of <br /> Environmental Management(IDEM) in 2013. Guided by its consultant, <br /> Heartland Environmental, the UEA is in the last stages of the VRP process <br /> and anticipates the formal closeout and final documents will be recorded <br /> by mid-2019. All costs related to the VRP have been and will continue to <br /> be paid by the SBUEA. <br /> The VRP will be significant in that its product is a covenant not to sue <br /> certificate from the Governor based on IDEM's process. For practical <br /> reasons the renewal/extension request is necessary as the timeframe of the <br /> VRP would extend beyond the current expiration date. Additionally, <br /> completion of the VRP and receipt of the certificate would enhance the <br /> SBUEA's long term disposition strategy for the SSBC. <br /> Attached for your review is: the list of current Association members; a <br /> map of the Zone, a sampling of activities from 2004-2018, a listing of the <br /> current tenants at the SSBC; and, information on some of the successful <br /> business operations that started in the Complex. I will be present to <br /> present this request at the November 26, 2018 Council meeting. If there <br /> are any questions prior to that time please contact me. <br /> Thank you. <br /> Sincerely, <br /> >1-1Y14- <br /> Pamela C. Meyer <br /> Director <br /> cc: UEA Members <br />
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