10-08-90 Human Resources & Economic Development

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Human Resources and Economic Development Committee �o hit Mammon Olouncil of hi (Mg of Oana#I Stub: The October 8, 1990 meeting of the Human Resources and Economic Development Committee was called to order by it's Chairperson, Council Member Steve Luecke at 5: 00 p.m. in the Council Informal Meeting Room. Persons in attendance included Council Members Slavinskas, Puzzello, Luecke, Zakrzewski, Voorde, Coleman, and Niezgodski; Ann Kolada, Jon Hunt, Ernie Szarwark, Mr. McCalley, and Kathleen Cekanski-Farrand. Council Member Luecke noted that the first item on the agenda was to review Resolution No. 90-47 which is a three year real property tax abatement request for the property located at 419 South Main. Ann Kolada reviewed the attached report from the ' Economic Development Department dated September 13 , 1990. It was noted that the property in question meets the requirements of the City for a three year real property tax. abatement. It was further noted that the title should be change to incorporate Briarwood/South Bend Partnership instead of the Social Security Adminstration. Mr. McCalley stated that the design of the building had been approved by the Design Review Committee. He noted however that landscaping was still to be approved. With the anticipated approval at this evenings meeting, it was hopeful that building could commence next week. Council Member Luecke formally noted that the Briarwood/South Bend Partnership must be properly incorporated at this evenings meeting in the Resolution. He also noted that this would be an 8, 000-square foot building and that at the last Common Council meeting the vacation of the public way was approved. In response to questions raised by Council Member Slavinskas it was noted that the Social Security Administration has a nine year lease for the property. The bidding on the job resulted in two or three other bids being received and that all were in response to specifications prepared by the Social Security Administration. Mr. McCalley noted that he believes that he got the overall bid because of it's location within the downtown and because it was located on a main thoroughfare. He also noted that the quote was on a per square foot dollar basis. The lease was signed approximately four months ago for 7, 600 net square feet with 8, 000 square feet being the entire building. For the past five months the specs have been reviewed and discussed with the Chicago GSA and the local Social Security office. He noted that the overall process began in November of 1989 . He stated that he incorporated a tax abatement into his overall bid. Council