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RM 08-15-97
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RM 08-15-97
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South Bend Redevelopment Commission <br />Regular Meeting - August 15, 1997 <br />6. NEW BUSINESS (CONT.) <br />m. continued.... <br />Andrews stated that to her knowledge she <br />believes the property owners were told <br />they would receive the 1 tax abatement. <br />Mike Beitzinger stated that the project was <br />initiated under the assumption that a tax <br />abatement was already granted for the two <br />properties. <br />Mike Beitzinger stated that this is the first <br />time the Redevelopment Commission has <br />been faced with this situation. He also <br />stated that the Common Council has been <br />faced with this type of situation on several <br />occasions. Mike Beitzinger noted that the <br />Common Council has determined that <br />state law allows for granting of a tax <br />abatement after a permit for construction <br />of a project has been issued and <br />construction has begun. <br />Ms. Schwartz stated that she would like to <br />table item 6.m. until the Commission can <br />speak with the current property owners <br />regarding their closing documents and the <br />representations that were made to the <br />property owners at the time they purchased <br />the property. She would aslo like <br />information on the date the ordinance was <br />rescinded.. Mike Beitzinger stated that the <br />rescission of the ordinance occurred in <br />November of 1996. <br />Upon a motion by Ms. Schwartz, seconded TABLED ITEM 6.M. <br />by Mr. Donoho and unanimously carried, <br />the Commission tabled item 6.m. <br />H:\HOME\CPHEPPS\WPDATA\COMMSN\081597.MIN -17- <br />
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