02-11-08 Community and Economic Development

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Community and Economic Development Committee February 11, 2008 Page 3 Mr. Hollingsworth stated that time is of the essence in light of the March 7th state application deadline for the tax credit program. He noted that as part of this program no more than 1/3 of a persons income can be spent on housing. Average income levels would be $40,000. He added that the proposed development is consistent with City Plan. In response to a question from Council Member Oliver Davis, Mr. Hollingsworth stated that security will be handled by the management company depending on need. He also noted that discounts will be provided to police officers to live in the development. Council Member Puzzello noted that the developer held a neighborhood meeting and that they were basically okay with the proposal. Council Member Kirsits noted that fencing on the west must be well maintained in light of persons using the area as a cut-thru. Mr. Hollingsworth noted that they are also considering a landscaped barrier for the west property line. Council President Rouse noted that he has received emails from persons living west of the proposed development voicing concerns. He also expressed concern about the time line on this request. Bill Schalliol of the Division of Economic Development noted that the rezoning and tax abatement requests were filed at the same time in light of the deadlines involved for the state tax credit program. Mr. Mathia noted that his department has had the petition since January 22, 2008, and that their written report was filed with the Office of the City Clerk on January 28, 2008. In response to questions from Council Member Henry Davis, Jr., Mr. Mathia noted that the petitioner qualifies for a ten (10) year tax abatement under the governing provisions of the South Bend Municipal Code. He noted that the "Public Benefit Points Summary" in his report shows that the developer earned 427 points out of 1,000 as shown in the report. The minimum would have been three (3) years, but the project qualifies for ten (10) years under the city ordinance. Council Member White made a motion, seconded by Council Member Puzzello that Bill No. 08-13 be recommended favorably to Council. The motion passed.