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RM 06-02-00
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RM 06-02-00
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South Bend Redevelopment Commission <br />Regular Meeting -June 2, 2000 <br />6. NEW BUSINESS (CONT.) <br />c. continued... <br />use of the proposed addition will be for <br />processing data and printing, sorting, and mailing <br />of credit card statements. This particular <br />development is not within one of the areas <br />designated for office tax abatement. <br />With the knowledge that the project does not <br />meet the specific requirements for abatement, the <br />petitioner is respectfully requesting consideration <br />of a special exception real property tax abatement <br />for several reasons. First, the petitioner has cited <br />the long standing of the Associates Company in <br />South Bend with over 80 years of some form of <br />corporate service and management function <br />within the community. Secondly, the petitioner <br />has stated that they are not trying to simply <br />construct an office building, but rather they are <br />creating a whole new class of business space. <br />Thirdly, according to the petitioner, there appears <br />to be a need for additional incentive for business <br />development within the Blackthorn Corporate <br />Park and having a world class financial <br />institution such as the Associates will be the <br />catalyst for future development within the <br />surrounding area. <br />Considering the above factors, the developer is <br />respectfully requesting consideration of a special <br />exception ten (10) year real property tax <br />abatement. This request would be considered <br />under Section 2 -84, which is the Council's <br />Authority to Enlarge Real Property Tax <br />Abatement General Standards. <br />Mr. Hunt noted that there were no representatives <br />from Crescent Michiana Properties, LLC in <br />attendance. He asked the Commission to table <br />Resolution 1762 to the next meeting and ask that <br />5:1 <br />COMMISSION TABLED RESOLUTION <br />NO. 1762 TO THE NEXT MEETING. <br />
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