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South Bend jedevelopment Commission <br />Rescheduled Regular Meeting - April 12, 1982 <br />6. NEW BUSINESS <br />a. Commission consideration requested for a tax abat <br />request for personal property for Armco I Drainage <br />Met 1 Products, Inc:; located at 3202 test Sample <br />trdet. <br />Mrs. Kolata presented the staff report on Armco <br />Drainage & Metal Products' request for personal <br />pro erty tax abatement. The report stated that <br />Arm o.installed the equipment on February 22, 1982 <br />and filed the tax abatement petition on March 15, <br />198. According to local ordinance, filing must <br />precede installation of equipment and therefore <br />Armco was not in compliance. The staff reviewed the <br />petition anyway and determined that Armco did qualify <br />for the abatement. The total cost of the new equip - <br />men was $267,500.00, and Armco will retain its 26 <br />employees through the retooling process. <br />The staff report recommended approval of the personal <br />pro erty tax abatement because the program is new and <br />has not had a lot of publicity and, therefore, Armco <br />may not have been aware of the filing requirements. <br />Aft <br />Er discussion, Mr. Piasecki made a motion to send <br />COMMISSION SENT ARMCO <br />the <br />petition to the <br />Human Resources and Economic De- <br />DRAINAGE & METAL PRODUCTS, <br />vel <br />pment Committee <br />of the Common Council without <br />INC. TAX ABATEMENT PETITION <br />rec <br />mmendation. The <br />motion was seconded by Mr. Robin- <br />TO COUNCIL WITHOUT RECOM- <br />son <br />and unanimously <br />carried. <br />MENDATION <br />b. Commission approval requested for awarding of pro <br />- <br />os l.in connection with the South Bend Home Improve- <br />ment Loan Program and Homestead Program, in accord- <br />ance with recommendation from the Bureau of Housing. <br />Name <br />Contractor <br />Amount <br />Dwight - 'a Marion Do- It- Yourself Company $687.80 <br />D. F lce <br />222 Sou h Chicago <br />Upon a motion made by Mr. Robinson, seconded by Mr. <br />Pia ecki and unanimously carried, the South Bend <br />Home Improvement Loan and Homestead Program pro- <br />posal for 222 South Chicago Street was approved. <br />4 <br />COMMISSION APPROVED SOUTH <br />BEND HOME IMPROVEMENT LOAN <br />AND HOMESTEAD PROGRAM PRO- <br />POSAL FOR 222 SOUTH CHICAGO <br />