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co South Bend Redevelopment Commission <br />Regular Meeting - January 21, 1994 <br />6. NEW BUSINESS (Cont.) <br />d. continued... <br />which must then be appropriated in order <br />to be used for operating expenses. <br />Upon a motion by Mr. Donoho, <br />seconded by Mr. Piasecki and <br />unanimously carried, the Commission <br />approved Resolution No. 1215 <br />determining to pay certain expenses <br />incurred for local public improvements <br />in or serving the South Bend Central <br />Allocation Area (South Bend Allocation <br />Area No. IA) from the South Bend <br />Central Allocation Area (South Bend <br />Allocation Area No. IA) Special Fund. <br />e. Commission approval requested for <br />Resolution No. 1217 approving an <br />annlication for personal property tax <br />deduction for property located at 3603 <br />Progress Drive in the Airport Economic <br />Development Area. (Automatic <br />Technologies, Inc.) <br />Mr. Inks read the staff report on the <br />project. Automatic Technologies is a <br />custom injection molder of plastic parts <br />made to customer specifications. Their <br />project calls for the purchase of fifteen <br />new injection molding machines and <br />auxiliary equipment with a purchase <br />price of $3,146,000. In addition, <br />building improvements such as complete <br />new interior paint, refinished epoxy floor <br />and new 1000 watt lighting with a cost <br />of $2,900,000 will also be invested. <br />(The building improvements are not <br />-7- <br />COMMISSION APPROVED RESOLUTION NO. <br />1215 DETERMINING TO PAY CERTAIN <br />EXPENSES INCURRED FOR LOCAL PUBLIC <br />IMPROVEMENTS IN OR SERVING THE <br />SOUTH BEND CENTRAL ALLOCATION AREA <br />(SOUTH BEND ALLOCATION AREA NO. 1A) <br />FROM THE SOUTH BEND CENTRAL <br />ALLOCATION AREA (SOUTH BEND <br />ALLOCATION AREA NO. 1A) SPECIAL FUND <br />