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South Bend Redevelopment Commission <br />regular Meeting - April 21, 1995 <br />6. NEW BUSINESS (Cont.) <br />b. continued ... <br />Therefore, the cost of the abatement is <br />estimated to be approximately $93,147 <br />over the six year period. <br />George McMeekan noted that Corporate <br />Services began operations in September <br />1993 on Monroe Street. They moved <br />into their new facility in August 1994. <br />They are now leasing space until they <br />can expand their facility. They will be <br />more than doubling the size of their <br />building. <br />Upon a motion by Mr. Hunt, seconded <br />by Mr. Donoho and unanimously <br />carried, the Commission approved <br />Resolution No. 1338 approving an <br />application for real property tax <br />deduction for property located at 5681 <br />W. Cleveland Road in the Airport <br />Economic Development Area. (Corporate <br />Services) <br />C. Commission approval requested for <br />Resolution No. 1339 approving an <br />application for personal property tax <br />deduction for property located at 2820 <br />Vh idian Drive in the Airport <br />Economic Development Area. (Mack <br />Tool & Engineering, Inc.) <br />Mr. Beitzinger read the staff report on <br />the project. Mack Tool & Engineering <br />is a precision machine shop which <br />manufactures prototype and experimental <br />parts primarily for use in the medical <br />-10- <br />COMMISSION APPROVED RESOLUTION <br />NO 1338 APPROVING AN APPLICATION FOR <br />REAL PROPERTY TAX DEDUCHON FOR <br />PROPERTY LOCATED AT 5681 W. <br />CLEVELAND ROAD IN THE AIRPORT <br />ECONOMIC DEVELOPMENT AREA. <br />(CORPORATE SERVICES) <br />