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South Bend Commission <br />Regular Mee �edevelopment <br />ing - October 8, 1982 <br />6. NEW BUSINESS (Continued) <br />d. Continued.... <br />Mr. Lee explained that Mr. & Mrs. Panzica <br />are planning to renovate the 7,000 square <br />foot structure at the corner of Fellows and <br />Mon oe in the Monroe Sample area. The build - <br />ing will be the general offices for Panzica <br />Construction Company and Panzica Architects, <br />Inc. The existing residential structure at <br />414 E. Monroe will be demolished to provide <br />landscaping and parking. The petition states <br />that six jobs will be created. The staff <br />rec mmends that the area be designated an <br />urban development area and the abatement be <br />granted. <br />Upon a motion made by Mr. Donaldson, seconded <br />by hr. Piasecki and unanimously carried, the <br />tax abatement request relative to an area com- <br />monly referred to as 414 -422 E. Monroe Street <br />and 509 -513 S. Fellows Street was sent to the <br />Common Council with a favorable recommendation. <br />e. Commission consideration r <br />abatement request relative <br />referred to as 1137 S. Laf <br />and Fred E. Struble . <br />guested for a tax <br />an area commonly <br />tte James G. Wood <br />Mr. Lee reported that the petitioners are the <br />owners of Exacto, Inc. They intend to build a <br />high technology tool grinding facility of ap- <br />proximately 15,000 square feet, employing 32- <br />60 e ployees. It is located in the Studebaker <br />Cor=roved. or and the staff recommends the abatement <br />be <br />Upon a motion made by Mr. Piasecki, seconded by <br />Mr. Donaldson and unanimously carried, the tax <br />abat ment request relative to an area commonly <br />referred to as 1137 S. Lafayette was sent to the <br />Comm n Council with a favorable recommendation. <br />f. Commission consideration requested for a tax <br />abatement request relative to an area common <br />referred to as 1117 W. Sample L &I Leasing), <br />Mr. ee explained that this property is located <br />just outside of the Studebaker Corridor. L &I <br />Leasing is the owner of J.amil Packaging and they <br />irate d to renovate the building and purchase new <br />equi ment which will be leased to Jamil Packaging. <br />-4- <br />COMMISSION GAVE A FAVORABLE <br />RECOMMENDATION ON A TAX ABATE- <br />MENT REQUEST FOR 414 -422 E. <br />MONROE STREET AND 509 -513 <br />S. FELLOWS STREET (ANTHONY <br />J. AND IRENE A. PANZICA) <br />COMMISSION GAVE A FAVORABLE <br />RECOMMENDATION ON A TAX ABATE- <br />MENT REQUEST FOR 1137 S. <br />LAFAYETTE (JAMES G. WOOD AND <br />FRED E. STRUBLE) <br />