07-23-01 Community & Economic Development

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Community and Economic Development July 23, 2001 Page 2 Phase I of the project will create 150 new jobs @ $ 26.00 per hour before benefits. South Bend is the only area where the petitioner owns its own facilities. Council Member Kelly noted that this is a major development project in the down town area. Following discussion, Council Member Varner made a motion, seconded by Council Member Kirsits that Bill No. 01-65 be recommended favorably to Council. The motion passed. Under miscellaneous business, Council Member Kelly reminded the Committee members that there is a meeting scheduled for Wednesday, July 25 at 4 p.m. On the continuing discussion on tax abatement procedures. Council Member King noted that he would be abstaining from voting on Bill No. 01-65, with a statement being made after the reading of the title o prepared f the Bill. He noted that he had g g discussed this issue with the Council President and the Council Attorney. Council Member King stressed that he has no employment relationship currently with the petitioner and that he has no ownership interests in the petitioner's property. In light of his contractual retirement benefits and the opportunity to participate at his costs on the petitioner's insurance,he would be abstaining. Felicia Davis, an IUSB student, was then introduced to the Committee. She is currently working on a tax abatement data base. There being no further business to come before the Committee, Council Member Kelly adjourned the meeting at 4:55 p.m. Respectfully submitted, Council Member Roland Kelly, Chairperson Community and Economic Development KCF:kmf Attachments •