08-14-00 Community & Economic Development

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,. (10)year real property tax abatement under section 2-83 of the South Bend Municipal Code which addresses warehouse development city-wide. Mr. William Cupp,Jr., spoke on behalf of the petitioner. He stated that they plan to have a first-class warehouse facility in the city. In response to a question by Dr. Varner,Mr. Cupp stated that they selected South Bend in light of its location and access to UPS. In response to a question from Council Member Ujdak,Mr. Cupp stated that the hourly rates are for wages only and that they will be competitive. Following discussion,Dr. Varner made a motion, seconded by Council Member Kirsits, that Substitute Bill No. 00-92 be recommended favorably to Council. The motion passed. The Committee then reviewed Bill No. 00-93 which is a six(6)year tax abatement request for Ralph Jones Partners L.P. for the property located at 3815 Ralph Jones Drive. Cassandra Moran reviewed her report dated August 8,2000(copy attached)which noted that the petitioner plans to build a 25,000 square foot built to suit,multi-purpose, single tenant industrial building on 3.22 acres at an estimated cost of$ 1,400,000.00. The report concluded that the petitioner meets the qualifications for a six(6)year real property tax abatement under section 2-82 of the South Bend Municipal Code addressing industrial development city-wide. Mr. John Phair made the presentation. He noted that the company is excited to be locating in the city. Following discussion, Council Member Ujdak made a motion, seconded by Council Member Kirsits that Bill No. 00-93 be recommended favorably by Council. The motion passed. There being no further business to come before the Committee,the meeting was adjourned at 4:55 p.m. by Chairperson.Roland Kelly. Respectfully submitted, Council Member Roland Kelly, Chairperson Community&Economic Development Committee KCF:kmf Attachments -Community&Ecnomic Development Committee Meeting Minutes of August 14,2000