Laserfiche WebLink
South Bend Redevelopment Commission <br />Regular Meeting - October 20, 1995 <br />6. NEW BUSINESS (Cont.) <br />d. continued... <br />Ms. Auburn noted that the Commission <br />accepts the report from ATEC Associates <br />related to environmental testing of the Avanti <br />site. <br />g. Commission approval requested for <br />Resolution No. 1379 approving an <br />application for personal property tax <br />deduction for property located at 3900 <br />William Richardson Drive in the Airport <br />Economic Development Area. (South Bend <br />Absorbtech) <br />Mr. Beitzinger noted that Absorbtech received <br />a real property tax abatement in May 1995. <br />it The project is moving forward and they are <br />now ready for personal property tax <br />abatement. He read the staff report on the <br />project. <br />Absorbtech is in the business of industrial <br />laundering. They have developed a <br />launderable sorbent product, called Sorbits®, <br />that is a practical and cost effective alternative <br />for the disposal of material saturated with <br />industrial process fluids in an environmentally <br />friendly manner. Their dry cleaning process <br />captures these fluids so they can be reused or <br />safely disposed of, and not landfilled. The <br />overall project calls for the construction of a <br />40,000 square foot dry cleaning facility on 12 <br />acres of land in the Toll Road Industrial Park. <br />The total estimated cost of the building is $1.2 <br />million. <br />-13- <br />COMMISSION ACCEPTED THE REPORT <br />FROM ATEC ASSOCIATES RELATED TO <br />ENVIRONMENTAL TESTING OF THE AVANTI <br />SITE <br />