10-23-95 Community & Economic Development

Home Browse Search

Committee Report Community and Economic Development October 23, 1995 Page 2 The Committee then reviewed Resolution No. 95-84 which would amend Resolution No. 2251-95 and 2247-95 to replace the South Bend Redevelopment Commission on behalf of Absorbtech,LLC with the name AT of Indiana,LLC. Mr. Mike Beitzinger noted that this Resolution would be in name only if the Resolutions identified within this subject Resolution were adopted by the Common Council in June and that all the particulars of the project remain the same. Mr.Peter G. Trybulia the Attorney for the petitioner noted that they were advised that they must create a new entity in order to hold the land. Council Member Kelly reiterated erated that the Resolution in question only changes the name. Following discussion, Council Member Puzzello made a motion, seconded by Council Member Zakrzewski that Resolution No. 95-84 be recommended favorably to Council. The motion passed. The Committee then reviewed Resolution No. 95-85 which would designate the property at 3900 West William Richardson Drive as an Economic Development area for personal property tax abatement for South Bend Absorbtech,LLC. Mr.Mike Beitzinger reviewed the Community and Economic and Development Department memorandum dated October 16, 1995 which concluded that the petitioner meets the qualification for a five year personal property tax abatement(copy attached).He noted that the amount in the report on page 2 should be$604,000.00 and not$674,000.00. Mr.Peter Trybulia the Attorney for the petitioner gave further comments.He noted that this is a resource recovery type for equipment and that since IDEM no longer reviews such request that all authority now rests with the Common Council. Council Member Puzzello complimented the petitioner for the equal opportunity policy statement on affirmative action. Council Member Washington however stated that the petitioner should go beyond the policy statement provided. Following discussion, Council Member Zakrzewski made a motion, seconded by Council member Puzzello that Resolution No. 95-85 be recommended favorably to Council. The motion passed. The Committee then reviewed Resolution No. 95-86 which would designate the property located at 401 South Michigan Street as a Economic Revitalization area for purposes of a six year real property tax abatement for South Bend Redevelopment Commission on behalf of the Western Ave. Partners,LLC. Mr. Mike Beitzinger reviewed the Community and Economic Development report dated October 16, 1995 which concluded that the petitioner meets the qualifications for a six year real property tax abatement. Mr. Beitzinger also noted that on,page 2 paragraph 4 under report summary that"Sample-Ewing Development Area"should be deleted and substituted with"South Bend Central Development Area"instead.