RM 04-10-92 - Laserfiche WebLink

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South Bend R Regular Meet 6. E elopment Commission - April 10, 1992 (Cont. ) also enable the Tribune to tailor the day's paper to certain constituencies. Advertisers are becoming more demanding in their requirements of quality and value. With this machinery in place, advertisers will only need to pay for reac ing the specific target(s) they wish to reach. This will enable the Tribune to be more competitive against other media and as a regional newspaper. Mr. avid Ray of the South Bend Tribune note that this is the first installation of t is type of printing technology in the �nited States. Mrs. Kolata noted that the printing press will be visible from the east side of the building through five story glass windows, lit at night. It will be very attractive. The Tribune has done a very nice job of putting an industrial buil ina into the downtown. Mr. Faccenda wanted to be sure the Comm'ssion went on record as thanking the Trib ne for staying downtown with this expa lion. It would have been much less cost y to them to build in an industrial Mr. accenda noted for the record that he is " f counsel" for Barnes & Thornburg. Barn as & Thornburg is representing the Trib ne in this tax abatement application. Mr. Faccenda does not prof't in their practice. Upon a motion by Mr. Faccenda, seconded by Mr. Piasecki and unanimously carried, the Commission approved Resolution No. 1050 approving an application for real property tax deduction for property loca ed at 213 -225 West Colfax Avenue in the outh Bend Central Development Area. Ms. uburn abstained. -10- COMMISSION APPROVED RESOLUTION NO. 1050 APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION FOR PROPERTY LOCATED AT 213 -225 WEST COLFAX AVENUE IN THE SOUTH BEND CENTRAL DEVELOPMENT AREA (SOUTH BEND TRIBUNE)