RM 11-02-79 - Laserfiche WebLink

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South Bend Redevelopment Commission Regular Me ting November 2, 1979 6. NEW BUSINESS (continued) d. Tax abatement request relative to certain portions of an area commonly referred to as the southeast corner of Sample and Hiah Street. Mr. Ellison: The staff would appreciate it if the Ch it would recognize Mr. Ernest Szarwark, an attorney wh is here representing the petitioners. Mr � Nimtz: The Chair will recognize Mr. Ernest Sz rwark. Mr. Ernest Szarwark: Ladies and gentlemen, I'd like to put a map before you if I may. As you can see here is Sample St. and this is High St. These are the boun- daries of a property that is presently owned by South Bend Tool and Die. Essentially this is the site of the Old South Bend Toy Works. The building was ap roximately 100 years old, made of stone and wood. Parts of it had been added on since then, but it was a ery old building. It had become dilapidated and there was a great deal of difficulty after the last to ant moved out in obtaining new tenants. As a matter of fact the building went for four years largely vacated. Ladies and gentlemen you are familiar with thE neighborhood, you know that it is a rather rough area of town. The company was having a great deal of trouble with the building, largely vacant as it was, it was suffering from vandalism. Both the police and fire ma shall suggested that something be done with the building because it was a fire hazard. The decision was male two years ago to level the building entirely, and th question remained what was going to be done with th property. A civision of South Bend Tool and Die, South Bend Fa ricating was having its own problems at this point. South Bend Fabricating has a 10,500 square foot facility located around the airport at Brick Road. Essentially, the facility has two problems, number one it is getting old and is no longer really suited for the needs of South Bend Fabricating. For example, as it has expanded it needs more room and it needs overhead cranes. In order to solve both problems it proposes - to build a new facility right here on this piece of property. It also intends to construct a street, which it plans to dedicate to the city. This is the area for which tax abatement is being sought. It seeks to build a plant here with approximately 16,512 sq. ft. This punt will be financed in part th u a $600,000 industrial development bond. It will ad five (5) new employees to the payroll of South Z-1! DISCUSSION OF A TAX ABATEMENT REQUEST RELATIVE TO CERTAIN PORTIONS OF AN AREA COMMONLY REFERRED TO AS THE SOUTHEAST CORNER OF SAMPLE AND HIGH STREET