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South Bend Redevelopment Commission <br />Rescheduled Regular Meeting -June 25, 2008 <br />6. NEW BUSINESS (CONT.) <br />A. Public Hearing <br />(1) continued... <br />with this House bill and the money that we're <br />short, if you heard the county last night. This <br />is all causing these shortfalls of taxpayers' <br />dollars to go to pay for public schools, <br />libraries, county government, city <br />government, police, fire protection. We need <br />these monies. The taxpayer can no longer <br />afford this kind of situation, subsidizing large <br />projects like this for developers. St. Joseph <br />County has the highest tax rate, next to Lake <br />County, in the State of Indiana. Because of <br />this law we just passed, I estimate an average <br />house with $150,000 of assessed value, with <br />the tax law we have in St. Joseph County, <br />which is higher than anywhere in the State of <br />Indiana, that person will be paying roughly <br />about $500 more in property taxes on a <br />$150,000 assessed home in the State of <br />Indiana. $500 more than anywhere else in <br />the State of Indiana! This is really injustice. <br />What happened at the state level has really <br />harmed Lake and St. Joseph County. Higher <br />taxes are going to drive business and <br />residential people away. You can try to bring <br />development. I' m not going to say I' m <br />against development 100%. We need <br />development. We need people to come in <br />and bring development. We need to try to <br />get jobs that are worth $25 an hour with good <br />benefits, maybe four or five hundred jobs, <br />industrial jobs. I wouldn't be against that for <br />a minute. But all I see between Blackthorn <br />and Portage Prairie, is jobs that are in the <br />distribution market, warehousing jobs. I <br />don't see jobs that pay very good money. If <br />you look back at the development of <br />18 <br />