Loading...
HomeMy WebLinkAboutRenewing & Extending the term of the South Bend Urban Enterprise Zone RESOLUTION 4219-12 Passed by the Common Council of the City of South Bend, Indiana November 26, 12 Attest: City Clerk 't 1 ift v f Attest h �� ' =� President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana November 27, 2012 rt �►: - City Clerk Approved and signed by me 61'61 tM 8 £< 21 20 Z . Mayor i/_ RESOLUTION NO. L€uCk A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA,RENEWING AND EXTENDING THE TERM OF THE SOUTH BEND URBAN ENTERPRISE ZONE WHEREAS, the Common Council of the City of South Bend, Indiana, (the "Common Council") has a continuing interest in the economic and community development of the City of South Bend, Indiana (the "City") and its residents; and WHEREAS, the South Bend Urban Enterprise Zone (the "Enterprise Zone"),, which is governed by Indiana Code 5-28-15 (the "Act"), was established on January 1, 2004, all pursuant to the Act, and has been active in enhancing and promoting economic and community development within the Enterprise Zone and the City; and WHEREAS, the current designation term of the Enterprise Zone is scheduled to expire on December 31, 2013; and WHEREAS, Indiana Code 5-28-15-10(b) of the Act authorizes the Common Council to extend the current term of the Enterprise Zone for an additional five (5) years without application to or authorization by the Indiana Economic Development Corporation; and WHEREAS, it is the desire and intent of the City to extend the current term of the Enterprise Zone to continue for an additional five (5) years until December 31, 2018; and WHEREAS, after being fully advised in the matter, NOW THEREFORE, BE IT HEREBY RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, ST JOSEPH COUNTY, INDIANA, THAT: Section 1. The Common Council finds that the Enterprise Zone facilitates and promotes economic and community development in the City and for its residents and hereby reaffirms its support of the Enterprise Zone. Section 2. The Common Council hereby renews and extended the current expiration date of the Enterprise Zone from December 31, 2013 until December 31, 2018 pursuant to and in accordance with Indiana Code 5-28-15-10(b) of the Act. Section 3. This Resolution and the actions of the Common Council do not limit or restrict the statutory ability of the Enterprise Zone to be renewed by the Board of the Indiana Economic Development Corporation in accordance with Indiana Code 5-28-15-10(c) and -10(d) of the Act. Resolution of Common Council Extending and Renewing Lafayette Enterprise Zone Term Section 4. The City Clerk is hereby directed to file an executed copy of this Resolution with the Board of the Indiana Economic Development Corporation on or before December 1, 2013, pursuant to the Act, and to file this Resolution with the permanent minutes of this meeting. Section 5. This Resolution shall be in full force and effect immediately upon its adoption. [Remainder of Page Intentionally Left Blank] 2 Resolution Common Council Extending And Renewing South Bend Enterprise Zone Term PASSED AND ADOPTED by the Common Council of the City of South Bend, Indiana, this day of 2012. COMMON COUNCIL OF THE CITY •F SOUTH ND, IN IANA // (I Presiding Officer Filed In Clerk's Office 9� JOHN VOORDE ( -L�-�t CITY CLERK,SOUTH BEND,IN NOT APPROV 3 Resolution Common Council Extending rr qq And Renewing South Bend Enterprise Zone Term l�®QP • TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 12-85 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, RENEWING AND EXTENDING THE TERM OF THE SOUTH BEND URBAN ENTERPRISE ZONE Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. This bill was heard by the Community & Economic Development Committee. Karen L. White Chairperson, Committee of the Whole i1 'N IL ■ice i ■w��l.� 0•�••■�, November 9, 2012 Urban Enterprise'1 Association OF SOUTH BEND INC. Mr. Derek Dieter President South Bend Common Council 227 W.Jefferson Blvd. Suite 400 South Bend, IN 46601 Dear President Dieter: The attached resolution is submitted pursuant to Indiana Code 5-28-15-10(b) which permits the term of an Indiana Enterprise Zone to be renewed and extended for an additional five (5)years from the date of its current expiration. The South Bend Enterprise Zone is approaching its 10th year with an expiration date of December 31,2013.This resolution would renew and extend the Zone to a new expiration date of December 31,2018. The Urban Enterprise Association of South Bend, Inc. (SBUEA) recommends this renewal and extension and asks for Council's approval. This recommendation is based on the SBUEA's consideration of long term planning and strategy related to three issues: (1)the opportunity for Zone businesses to take advantage of Zone benefits, (2)the ability of the SBUEA to responsibly address the future of its facility-the Sample Street Business Complex(SSBC,) and (3)the ability of the SBUEA to attempt to address in some way,opportunities for Zone residents. While tax benefits under a Zone program have changed over time,there remains a group of businesses in the South Bend Zone that continue to take advantage of benefits,and pay the required fee to the SBUEA. Having said that, the change in benefits and the subsequent decrease in fee revenue for Zones is a significant issue. For South Bend,this revenue is the only source that the SBUEA has to continue the operations and maintenance of the Sample Street Business Complex(SSBC),a multi-tenant facility developed to promote, house, and incubate Zone businesses. The SBUEA knows it cannot depend long term on Zone fees to address any deficit in the operations and maintenance of this facility. To that end the SBUEA has, and will continue to, pursue new ownership for the Complex. 1200 COUNTY-CITY BUILDING'. The SSBC,originally developed in the late 1980s, has experienced cash flow SOUTH BEND, IN 46601 challenges,still requires SBUEA subsidy to operate and support building Phone: ;74,235-966o repairs/improvements, but continues to be an option for small and start-up Fax: 574/2 15-9697 :...__ ...._..,_...-.,.. ._-:acs businesses. As part of the SSBC's original donation from the Torrington Company/Ingersoll Rand,the SBUEA oversaw significant environmental remediation on the site. This negotiated remediation was the responsibility of both parties, however there was never a formal close-out using the State of Indiana's Voluntary Remediation Program (VRP). The SBUEA recently retained services for a review and documented summary of historical environmental work on site,and were pleased to be informed the site is basically"clean". Based on this determination,the UEA made the decision to apply for the VRP. All costs related to the VRP will be paid by the SBUEA. The VRP would be significant in that its product is a review and covenant not to sue certificate from the Indiana Department of Environmental Management (IDEM). For practical reasons the renewal/extension request is necessary as the timeframe of the VRP would extend beyond the current expiration date. Additionally,completion of the VRP and receipt of the certificate would enhance the SBUEA's long term disposition strategy for the SSBC. Due to the significant costs related to operating such a facility,the SBUEA has continued to offer opportunities for direct assistance to Zone residents; however this has been on a very limited basis. It is projected that a change in ownership of the Complex would allow for the remaining resources to be directed towards Zone resident efforts. Attached for your review is:the list of current Association members; a map of the Zone,current revenues,a sampling of activities in the past years, a listing of the current tenants at the SSBC; and, information on some of the successful business operations that started in the Complex. I will be present,with members of the Association,to present this request at the November 26,2012 Council meeting. If there are any questions prior to that time please contact me. Thank you. Sincere! C1'/ 1 Xei Pamela C. Meyer Director cc:Association Members/Staff -- , - — - 1 I 1 .„1 --' ,, t - -mac-- - ---._._.-__________ ! .- i11 i -- T IP _ ,... r... i '�(� = -� f 'r- L? '- i ._ .__Lr ___ . , „___...._ _ ____._.. __ ._ __,„........4 ,Tr , ir.---,,,,,,-"I - , _ :._ col ,_,.._. , _ ...,,_ ,_ , . ,„.,, ,,,_- ___.__ ___ /____„,-,4„,,-„, , ,.., , _ ._.] . • , . _4.,__ _ _ . _ -L. t_ , tLat .___. T 3,- _ I , ■ = In ---t / I 11 •- i *. 1 '1_____I * 1 1 —1----1— 7x----17-r- ii MN n _jam-1 c lye -T -' )---- ■ -I �_ -!n 1 , CD LL __., _s_ , iii 7 li -- ____t_ ti-- i __,J II 7z N — o W rc— ( I LO Is- 1'� _i 83 ■ Iii CL ,L I i - Z - (MVP -T I-- _ i f ; r a sr4 Z f -' . ` t i a _ r th Ct — r --1=4 yy I I1 z, 4. - 0 0� - 07 0000 O) N- II 00 CO 0U) 0 in O M CO O O) a0 CO L - M CO O O LO S) M Q p O 00N N W N M f • N N tfE3N O M C')U) tf cAE?Cf N a) en. f?0 O (13M co co a0 a0 a0 co O 00 Mf� COCOI- 000) CO0 )0 co 0- NCONN. ,— CMNC(0 p Od7 '- 00000MNCON . ti 11) 69. 0 , — --EFJ Ef?ER ER K3 EfJ K}Ef? U, U, Cof- LAooCON f— M O �t � � NMMMC') C) Co r r r .., N 4_ 7 O m N � d NMCOp000 i- MNNOI� d- ootiCO .� �. � �FO) N0000 � CoN- N N V M �N00) � 0 '- NU) C P a)V U H3M LO M N COO 00 O EAEflEf3 U,E!? (6 4) 'r CD N r M N N- N. LC) 0 CO N-jj O E +., N C N CO ca C - J Co Ili m a a) (N N- (0NLpI� p0O) E N d CoM00f� f� 00LnWN Co Co V d- Ln d' Ln C0 C) 00 M in L y N N f� f� � MMON0 U) O a) O. U, - NNNNC') '- O a c W �. U Ef}Ef)d}E!?Ef3 Ef3 Ef3 Ef3 N C .� p CA N 7 C a) > aV Co tn0 (000 -- O) 0) 000 .� N O a) N U W 7 \ m f a) a) M . N- U) CO d' co V C to M CO r- M a) X Y C w $ M ..40-":. M Ln M r NC; 6 03 O U V � ` OOCN000NLC0 O N "a U �K?E13 �� �Oj" j wa) N CN N d9 Q N N 0 C C Co O Ln N N- CO Co C O ' N N N N N VI C E N [� p '� O W > C ` Y N W W � ro 0 Co Co 7 v7 N_ ti O\ ;1.... a) y N C '� N 00 Ln C C c. U) N CU a) O ti 0) Co O co(NI 0 CO (3 4,..—) "O o N Co O ti ti O 0 N Z' d0O II m U o CD Ns 1 1A4n7MPIV;t7I11:'H:,, K E mV C z .r Co N z N C O N �� C N II E Co o - Q 7 � � to = C CI) co •- � Lf) COt� 000)) O � N Co CO II LLJ as E 0 0 0 0 0 0I- C) 0 m •0 0 0 0 0 0 0 0 0 N N N N N N N N N O as � cn } ~ m0H MIL 1•wl�.1.iz �.�.■■r� Enterprise Zone/Association Highlights 2004-2012 Urban Enterprise's'• 2004 Association • Brownfield Grants-$34,887-Assisted in Studebaker Corridor and Oliver Plow locations Or SOUTH BEND INC. Individual Development Accounts—Assisted 4 persons depositing in accounts for homeownership Became MWBDC fiscal agent 2006 Enterprise Zone Deduction(new State tax benefit)created SSBC-11 new leases and 34 renewals MWBD Director Resigns Micro Enterprise Grant from IEDC New building on Burke building—So.Michigan Street corridor Purchased and landscaped Western Avenue corridor lots 2007 SSBC- 19 new leases 14 renewals/Coordinated MLK Breakfast 2008 SSBC 7 new leases and 14 renewals $75,000 donation to KROC Assisted Old Forty Building Supply with process for EZ 1 benefit in order for them to construct 12,000 sq.ft. warehouse Coordinated MLK Breakfast 2009 Legislative effort with Association of Indiana Enterprise Zones(AIEZ and Senator John Broden to defeat SB 236 proposing to eliminate EZ Deduction and other benefits SSBC-5 new leases 5 renewals;45 tenants—63%leased Considered RAITT proposal for SSBC Administered 3 Western and 1 Miami facade grants Partnered with SBHA on IDA program committed$2400 for 6 residents 2010 Legislative effort to assist in defeating SB 589 proposing to eliminate EZ Deduction and other benefits SSBC 10 renewals;74 leases for 40 tenants-52%leased LOI w/RAITT-Negotiated Purchase Agreement 2011 SSBC-7 renewals-55%of facility units leased;free/reduced space for MAACC and Bridges for Digital Excellence RAITT declines purchase of SSBC 4 Phase II Environmental Assessment completed 2012 Indemnity Agreement/IRF for sewer work VRP application submission and acceptance VRP Process started 1200 Masonry,fire suppression,HVAC capital items accomplished `. �vrtTr-ErTY 136ttoir4c SOUTH BEND, IN 4660( Phone:574/235-9660 Fax: 574/235-9697 ■ C 0 as t C r N d) Cr) CO CO r r CO N N Q N C E. LL I- ca a) L 3 N O O O M Z r r r r r N N- "0• C •C d 6 U F– d L O (.) co N- 03 co r- CO Z N d C�) N N r a C) C 0 7. O co OOOOrr r O ( -0 co W N C O E E a) I E >` M NON- MO Z r (4 O CON O E O CO cr d I J J = 00 N E S N a) 0 y V 0 O co co Lr)N- OOO co N O Q To — N r •� d C C N IJJ I- (a O QN C LC) 0 I-- co O O_ r Ur` a) a a) 0 0 0 0 0 0 0 O O Cl) I,1J a) l4 L N N N N N N N N 0 �/ co �L N a.N W } 16 r O N EA W as 0 9 C E a. a D W W DU) N