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REGULAR MEETING December 9, 2019 <br />years will be paid. Right after that it's going to be at least we estimated about $160,000 a year in <br />tax revenues. That is the only slide I have (referring to the power point presentation that can be <br />obtained in the City Clerk's Office), so unless there are any questions on kind of the mechanics of <br />it, I'll allow Mr. Turner to chat for a few minutes and give you a little high level on it. <br />Councilmember Tim Scott opened the floor to questions or comments from Council Members. <br />There were none. <br />This being the time heretofore set for the Public Hearing on the above bill, proponents and <br />opponents were given an opportunity to be heard. There were none. <br />Councilmember John Voorde made a motion to adopt Bill No. 19-75. The motion was seconded <br />by Councilmember Dr. Oliver Davis and carried with a voice vote of eight (8) ayes. <br />19-77 A RESOLUTION CONFIRMING THE <br />ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS 4701 <br />NIMTZ PARKWAY, SOUTH BEND, INDIANA <br />46628 AS AN ECONOMIC REVITALIZATION <br />AREA FOR PURPOSES OF A FIVE (5) YEAR <br />PERSONAL PROPERTY TAX ABATEMENT <br />FOR SCHAFER INDUSTRIES, INC. <br />This being the time heretofore set for the Public Hearing on the above bill, proponents and <br />opponents were given an opportunity to be heard. There were none. <br />Councilmember John Voorde made a motion to adopt Bill No. 19-77. The motion was seconded <br />by Councilmember Dr. Oliver Davis and carried with a voice vote of eight (8) ayes. <br />Mr. Buckenmeyer stated, President Scott, If it pleases the Council and if you would care to hear <br />the next two (2) bills together, as they are both for the same company. <br />Councilmember Karen White made a motion to, for purposes of public hearing, hear Bill No. 19- <br />79 and Bill No. 19-81 together. The motion was seconded by Councilmember Dr. Oliver Davis <br />and carried with a voice vote of eight (8) ayes. <br />19-79 A RESOLUTION CONFIRMING THE <br />ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH <br />BEND, INDIANA, COMMONLY <br />KNOWN AS BLACKTHORN <br />COMMERCIAL PARK, SOUTH BEND, <br />IN 46628 AS AN ECONOMIC <br />REVITALIZATION AREA FOR <br />PURPOSES OF A SIX (6) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />TOYO SEIKO NORTH AMERICA, INC. <br />19-81 A RESOLUTION CONFIRMING THE <br />ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS <br />BLACKTHORN COMMERCIAL PARK, SOUTH <br />BEND, INDIANA 46628 AS AN ECONOMIC <br />20 <br />