06-09-03 Community & Economic Development

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Community and Economic Development Committee June 9, 2003 Page 2 No. 03-56 be recommended favorably to Council. The motion passed. Council Member King then called for a presentation on Bill No. 03-57 which is a five (5) year residential real property tax abatement request of Gerald Zock for the property located at 2226 S. Meade Street. Michael Beitzinger, Economic Development Specialist, then reviewed his report dated May 27, 2003 (copy attached). He noted that the petitioner plans to build one (1) one-story home which will have an estimated value of $60,000. The report concluded that the petitioner meets the qualifications for a five-year residential tax abatement under § 2-77.1 addressing "Single Family Real Property Abatement"in the South Bend Municipal Code. The petitioner, Mr. Gerald Zock, was then introduced to the Committee and was available to answer questions. No one spoke in favor or in opposition to the Bill. Following discussion, Council Member Kelly made a motion, seconded by Council Member Kuspa that Bill 03-57 be recommended favorably to Council. The motion passed. Council Member King then called for a presentation on Bill No. 03-58 which is a five (5) year residential real property tax abatement request of Cleland Builders, Inc., for the properties located at lot numbers 1 through 3 and 73 through 101 Jade Crossing Subdivision, Section One. Michael Beitzinger, Economic Development Specialist, then reviewed his report dated May 30, 2003 (copy attached). He noted that the petitioner is currently developing a new subdivision called Jade Crossing located on 8.79 acres south of Brick Road between Portage Avenue and the U.S. 31 Bypass. There will be thirty-two (32) homes in the subdivision. The project will cost approximately $3,877,500. The report concluded that the petitioner meets the qualifications for a five-year residential tax abatement under § 2-77.1 addressing "Single Family Real Property Abatement"in the South Bend Municipal Code. Mr. J. Bernard Feeney of Lang, Feeney & Associates, Inc. made the presentation. Mr. Feeney noted that this represents the first phase of a total of 102 Iots which will be located on excess of twenty-five(25) acres. No one spoke in favor or in opposition to the Bill. Following discussion, Dr. Varner made a motion,seconded by Council Member Kelly that Bill 03- 58 be recommended favorably to Council. The motion passed. There being no further business to come before the Committee, Council Member King adjourned the meeting at 4:14 p.m. Respectfully submitted, Council Member Karl King, Chairperson Community and Economic Development Committee KCF:kmf Attachments