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Y ' <br /> Council Member Kelly stated he would follow-up with letters to address these issues. <br /> Following discussion,Dr. Varner made a motion, seconded by Council Member Kirsits,that Bill <br /> No. 00-52 be recommended favorably to Council. The motion passed. <br /> The Committee then reviewed Bill No. 00-53 which is a request for a ten(10)year real property <br /> tax abatement request for Cleveland Road Partners L.P. for the property located at 4647 <br /> Cleveland Road. <br /> Cassandra Moran reviewed her May 16, 2000 report(copy attached). She noted that the <br /> petitioner is proposing to construct a speculative tilt wall multi-purpose multi-tenant industrial <br /> building in two(2)phases. The 1st phase would be to construct a 100,000 square foot structure <br /> at a cost of$4,400,000; and that the 2nd phase would be to add 56,000 square feet. The report <br /> concluded that the petitioner does not meet the qualifications for an abatement due to the <br /> inability of the developer to identify the end users of the buildings. The petitioner is seeking a <br /> special exception due to the enormous risk to be taken with regard to mortgages with no <br /> guarantees of lease revenues and the overall costs of the development. <br /> Mr. Michael Beitzinger of Community&Economic Development noted that in 1998 the Council <br /> began reviewing speculative building requests. Action on the confirmatory resolution is <br /> typically withheld until the end users were identified. In this case however, in light of the square <br /> footage,the petitioner would exceed the local requirements. He further noted that the Council <br /> approved a confirmatory resolution two(2)weeks later on a similar project for the Olive South <br /> Bend,LLC where the square footage exceeded local requirements. In this manner,the <br /> provisions for a special exception under section 2-84 of the South Bend Municipal Code would <br /> be met. <br /> Mr. Frank A. Perri,a partner, made the presentation. He showed a conceptual site plan for the <br /> project(copy attached). He noted in response to a question raised by Dr. Varner that no <br /> construction can take place within the 50 foot easement which is flown weekly by the oil <br /> companies. Mr. Perri also noted that the typical lease is 3-5 years which raises the risk factor. <br /> The Council Attorney noted that if the Council would take favorably action this evening and <br /> would plan to act upon the Confirmatory Resolution in two(2)weeks,that an amendment to <br /> section 6 of the Resolution would be necessary. The last line of that section would need to be <br /> deleted. <br /> Following discussion, Council Member Kirsits made a motion, seconded by Dr. Varner that Bill <br /> No. 00-53 as to be amended be recommended favorably by Council. The motion passed. <br /> In response to a question from Dr. Varner,Mr. Perri noted that the construction would be similar <br /> to that recently seen along I-465 which is cement pre-wall construction. <br /> Under miscellaneous business,Richard Snyder requested that he would like Bill No. 00-49 <br /> addressing the Confirmatory Resolution for Playing Mantis be continued for two(2)weeks. <br /> There being no further business to come before the Committee,the meeting was adjourned at <br /> 5:55 p.m. by Chairperson Roland Kelly. <br /> -Community&Ecnomic Development Committee Meeting Minutes of May 22,2000 <br />