10-09-00 Community & Economic Development

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Committee deport: Commuttitp an ( tottomit teVelopmettt Committee The October 9, 2000 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 Aranowski, Pfeifer, Kelly, King, Varner, Ujdak, Kirsits and White; Cassandra Moran, Andrew W. Place, Terry Bland of the *atttlh Akttb Irrihutte,and Kathleen Cekanski-Farrand, Council Attorney. Council Member Kelly noted that a letter was received from Cassandra Moran, Economic Development Specialist, dated October 6th requesting that Bill Nos. 00-116, 00-117, and 00-118 be continued until the October 23rd meeting since the South Bend Redevelopment Commission did not have a quorum and therefore were unable to take action on these Bills prior to today's q P Y Committee meeting. The Committee then reviewed Bill No. 00-119 which is a five (5) year residential real property tax abatement request for the properties located at 4304, 4323 and 4315 Maple Road; 4302,4310,4330(or 4327 Maple Road),4340 and 4350 Portage Avenue. Cassandra Moran,Economic Development Specialist, reviewed her report dated October 4, 2000 (copy attached). Meadow Wood II, L. P., the petitioner, plans to construct eight (8) homes in the third phase of Field Point which will range in cost from $ 125,000 to $ 150,000. The total project cost is projected to be one million dollars. The report concluded that the petitioner meets the qualifications for a five (5) year residential tax abatement under § 2-77.1 addressing "Singe Family Real Property Abatement"of the South Bend Municipal Code. The Petitioner, Mr. Andrew W. Place, stated that this is the last phase of the Field Point Subdivision. He stated that the residential tax abatement program has worked very well in encouraging new low and moderate income individuals to consider home ownership and urged the Council to continue the program in the future. Following discussion, Council Member Ujdak made a motion which was properly seconded to send Bill No. 00-119 favorably to Council. The motion passed. There being no further business to come before the Committee, Council Member Kelly adjourned the meeting at 5:04 p.m. Respectfully submitted, Council Member Roland Kelly, Chairperson Community and Economic Development Committee KCF:kmf Attachments •