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93-50 which is a Real Property Tax Abatement request <br /> for Greater South Bend Development Company. <br /> Council President Luecke stated that the area in <br /> question has been platted as single family for a <br /> significant number of years and that there is also a <br /> significant number of vacant land involved. Mr. Adams <br /> requested that the Resolution be for six (6) years for <br /> fifteen (15) houses, however, Council President Luecke <br /> stated that he would prefer that it should be limited <br /> to the one (1) house in question. The Council Attorney <br /> noted that Tax Abatements must be site specific <br /> relative to a real property legal description as well <br /> as a key number. Council President Luecke further <br /> noted that it appeared in the last Committee meeting <br /> that there was an informal concerns to amend the <br /> Substitute Bill to be a six (6) year Real Property Tax <br /> Abatement and to treat it as a special exception. The <br /> Council Attorney noted that the new State Law in this <br /> area takes effect July 1, 1993, and that the Committee <br /> should be very specific with regard to the criteria it <br /> is using with regard to these special exceptions. <br /> Council Member Ladewski noted that the property has <br /> remained idle since much of the property in question <br /> was bought as the result of a tax sale relative to a <br /> sewer project. <br /> Following, further discussion, Council Member Luecke <br /> made a motion, seconded by Council Member Slavinskas, <br /> that Substitute Bill No. 93-50 be amended to <br /> incorporafe a six (6) year real property tax abatement <br /> and that further amendments be set forth in Section IV. <br /> identifying the specific criteria in that the <br /> Substitute Bill be sent to full Council favorably. The <br /> motion passed. <br /> The Committee then reviewed Bill No. 93-55 which is a <br /> Personal 'Property Tax Abatement request for Schafer <br /> Gear Works, Inc. , for the property located at 814 South <br /> Main Street. <br /> Mr. Mike Beitzinger reviewed the memorandum dated June <br /> 14, 1993. It was noted that the request meets all of <br /> the criteria and satisfies the five (5) year personal <br /> property tax abatement standards. <br /> Mr. Stan Blenke made the presentation on behalf of the <br /> petitioner. He showed two (2) parts which will be made <br /> as the result of a new contract. They will work three <br /> (3) shifts, twenty-four (24) hours a day, as a result <br /> of this contract. <br /> Council President Luecke noted that the personal <br />