10-25-99 Community & Economic Development

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Community and Economic Development Committee October 25, 1999 Page 2 In response to a question raised by Council Member King, Mr. Hogan noted that sign companies are the the ultimate users of the product manufactured by FDC Graphic Films, Inc. Following discussion, Council Member King made a motion, seconded by Council Member Sniadecki that Bill No. 99-109 be recommended favorably to Council. The motion passed. The Committee then reviewed substitute Bill No. 99-107 which is a confirming resolution for a three (3) year real property tax abatement request for Beeler& Brown Properties, LLC and Davey,LLC for the property located at 4167 Meghan Beeler Court. Mike Beitzinger reviewed the October 6, 1999 report (copy attached) which noted among other things that the predominate use is for a transportation business and therefore qualifies for a three-year abatement. Chris Davey made the presentation. In response to a question from Council Member Varner,Mr.Davey noted that eight (8) spec buildings have been built and all are filled. He also noted that tax abatement has been a very effective tool. Following discussion, Council Member King made a motion, seconded by Council Member Sniadecki that substitute Bill No. 99-107 be recommended favorably to Council. The motion passed. The Committee then reviewed substitute Bill No. 99-104 which is a confirming resolution for a three(3)year real property tax abatement request for Cobra Development,LLC for the benefit of Michiana Midget Motors, Inc., for the property located at 3735 William Richardson Drive. Mike Beitzinger reviewed the October 4, 1999 report which contained the October 18, 1999 letter from Target Distributing signed by Norman J. DeBoever, President and SIC information (copies attached). Mr. Norman J. DeBoever made the presentation. He noted that this item was continued from the last Committee meeting in order to allow him to provide additional information. The substitute bill sets forth additional information why the petitioner believes that they should be considered for a minimum three(3) year abatement as a special exception. Council Member Kelly noted that he visited the facility and that Council President Coleman has also. Council Member King voiced concern and questioned where the Committee should draw the line on special exceptions. The Council Attorney noted that the Petitioner has provided additional information as to why he believes that the project is entitled to a special exception. The governing local ordinance provides that such information be reviewed on a project by project basis.