08-22-94 Community & Economic Development

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(ommtttts Attport: Community and Economic Development 'Co tfjt Common toutuUY of tfjt City of §outfj ldtnb: The August 22, 1994 meeting of the Community and Economic Development Committee was called to order by its Chairperson, Council Member Roland Kelly at 5:00 P.M.in the Council informal meeting room. Persons in attendance included Council Members Luecke, Washington, Kelly, Puzzello, Slavinskas, Zakrzewski, Coleman, Duda and Ladewski; Ernest J. Szarwark, Mike Beitinger,Don Porter, and Kathleen Cekanski-Farrand. The first item to be reviewed was Resolution No. 94-82 which is a ten year Real Property Tax Abatement for the properties located at 301 North Main Street and 211 West LaSalle. Mr. Mike Beitinger updated the Committee. He noted that a declared prior Resolution had been adopted for these properties in the spring of this year. In light of the enlargement needed to the Central Business District there was a delay. Since the Common Council has formally has established the new legal boundaries for the Central Business District,they may now go forward on the confirming adoption. Mr. Beitinger noted that the project is for Relaxation Inc. doing business as La-Z- Boy Furniture Galleries which is approximately $600,000.00 in cost. The property qualifies for a ten year Real Property Tax Abatement under section 2.79 of the South Bend Municipal unici al Code. Following discussion, Council Member Slavinskas made a motion, seconded by Council - Cou c Member Ladewski that Resolution No. 94 82 be recommended favorably to Council. The motion passed. The Committee then reviewed Resolution No. 94-83 which would correct the name for the entity ty receivin Real Property T ax Abatement f o r t h e property Y 1 o located at 3333 North Kenmore. Mr. Szarwark made the P resentation. He noted that this i s resolution would delete the Aucilla e nam e uc a Inc. and replace it with Dafir Realty Mr. Szarwark also noted that Resolution No. 94-84 is also a correcting Resolution for Real Property Tax Abatement for the property located at 2722 West Tucker. It incorporates the proper legal description and key number for Steel Warehouse Company Inc. Following discussion Council Member Luecke made a motion, seconded by Council Member Slavinskas that Resolution No. 94-83 be recommended favorably to Council.The motion passed. Council Member Slavinskas made a motion, seconded by Council Member Luecke, that Resolution 94-84 be recommended favorably to Council.The motion passed. There being no further business to come before the Committee, the meeting was adjourned at 5:08 P.M. Respectfully submitted, Council Member Roland Kelly, Chairperson Community and Economic Development Committee Attachments