05-13-02 Council Meeting Minutes

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REGULAR MEETING MAY 13, 2002 SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. s /Karen White Member of the Common Council Mr. Dick Paulen, Barnes & Thornburg, no address given, advised that he is the representative for AJW South Bend Realty Corporation. Mr. Paulen advised that AJW South Bend Realty Corporation is a real estate holding company for A. J. Wright, a division of TJX Company, Inc. AJW South Bend Realty Corporation proposes to build an eight hundred thousand (800,000) square foot warehouse distribution center at the southeast corner of Sample Street and Olive Street. A. J. Wright targets the moderate income consumer by offering apparel, footwear, accessories, home fashions and costume jewelry. Launched in 1998, A.J. Wright currently has more than fifty (50) stores. The South Bend warehouse distribution center will serve A. J. Wrights's Midwestern locations and will offer expansion of the Midwestern operations. The project will be completed in two (2) phases. The initial phase of five hundred thousand (500,000) square feet will break ground in July of 2002. The second three hundred thousand (300,000) square a foot phase is expected to break ground in July of 2005 and be completed by 2006. The buildings will be built over a seventy (70) acre site in the Sample -Ewing Development Area. The estimated cost of construction is approximately $24 million dollars with land acquisition costs of two thousand five hundred dollars ($2,500.00). In addition, there will be additional expenses for equipment. It is estimated that the project will create one hundred forty (140) new jobs, representing an annual payroll of $2.2 million dollars. Within the five (5) year period a total of eight hundred seventy four (874) new permanent jobs will be created representing - - a payroll of approximately $44 million dollars. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Pfeifer made a motion to adopt this Resolution. Councilmember Coleman seconded the motion which carried and the Resolution was adopted by a roll call vote of seven (7) ayes. BILL NO. 02 -42 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 237 NORTH MICHIGAN STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR LASALLE PROPERTY MANAGEMENT CO., LLC Councilmember White advised that the Petitioner has asked that this Resolution be continued until the May 28th meeting of the Council. Therefore, Councilmember Coleman made a motion to continue this bill as requested. Councilmember Pfeifer seconded the motion which carried by a voice vote of seven (7) ayes. RESOLUTION NO. 3095 -02 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND APPROVING THE ISSUANCE OF SCRAP METAL /JUNK DEALERS /TRANSFER STATION LICENSES FOR THE CALENDAR YEAR 2002 -11-