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South Bond Redevelopment Commission <br />Regular Meeting - May 13, 1983 <br />6. NEWIBUSINESS (Continued) <br />a. (Continued.... <br />wit your office for Griffin's Outboard Marine, Inc. <br />We ant to go on record in support of granting <br />thi abatement to Griffin. <br />Griffin is an occupant of Phase III of our Airport <br />Industrial Park and has been for several years. <br />They have always been good citizens and have been <br />an asset not only to the Park but good civic citizens <br />of 5outh Bend. <br />As we see it the big need today is for more job <br />opportunities and this expansion will result in such. <br />It may be a small number to start but a small number <br />normally grows to be an even bigger asset to the <br />community. <br />Also such an addition to their plant will add to <br />its value and as a result this will be an addition <br />to the tax roles thus compensating somewhat for <br />the abatement on both the existing facilities and <br />on the expansion. <br />In Griffin's is a national concern bringing <br />the Iddition <br />attention of persons throughout the United States <br />to outh Bend. <br />I h pe the Redevelopment Commission will give serious <br />con ideration to the Tax Abatement Petition. <br />a <br />Cordially, <br />Howard D. Bessire <br />Executive Director <br />Dn a motion made by Mr. Robinson, seconded by <br />. Piasecki and unanimously carried, the tax abate - <br />rit request for 3707 W. Lathrop was sent to the <br />anon Council with a favorable recommendation. <br />f <br />N. <br />rt on tax abatement <br />ber (Richard J. Ludy <br />t for <br />. Lee explained that the petition is requesting <br />rsonal property tax abatement for a four -color <br />inting press to be installed at Ludwick Graphics <br />c. The equipment cost is $112,000 and will <br />gate four new jobs. The location is in a <br />nnunity Development Neighborhood Strategy <br />ea which the city has targeted for improvements. <br />-4- <br />THE TAX ABATEMENT <br />REQUEST FOR 3707 W. <br />LATHROP (GRIFFIN'S <br />MARINE) WAS SENT TO <br />THE COMMON COUNCIL <br />WITH A FAVORABLE <br />RECOMMENDATION <br />