01-10-00 Council Meeting Minutes

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REGULAR MEETING JANUARY 10, 2000 NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Personal Property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Personal Property tax deduction for a period of five (5) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et sea. 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 /Sean Coleman Member of the Common Council Mr. Michael S. Rink, President, Rink Riverside Printing, Inc., 814 South Main Street, South Bend, Indiana, residing at 15467 Tabor Hill Ct., Granger, Indiana, made the presentation for this Resolution. Mr. Rink stated that personal property tax abatement is requested for the acquisition of a new six (6) color forty foot (40') Komori Lithrone offset printing press, a two (2) color twenty -eight foot (28') Komori Sprint offset press and a new Fuji Sumo 8 -up recording device and scanner. The estimated cost of the equipment is two million two hundred thousand dollars ($2,200,000.00). Mr. Rink noted that they have been a respectable taxpayer for thirty -eight (3 8) years and because of this large project they need assistance. This expansion will keep forty (40) jobs in South Bend. 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 King 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 eight (8) ayes. BILLS - FIRST READING BILL NO. 1 -00 A BILL AMENDING THE ZONING ORDINANCE, AND ESTABLISHING AN HISTORIC LANDMARK FOR THE PROPERTY LOCATED AT 911 SOUTH MICHIGAN, IN THE CITY OF SOUTH BEND, INDIANA This bill had first reading. Councilmember Kelly made a motion to refer this bill to the Zoning and Annexation Committee and set it for Public Hearing and Third Reading on January 24, 2000. Councilmember Coleman seconded the motion which carried by a voice vote of eight (8) ayes. BILL NO. 2-00 A BILL AMENDING THE ZONING ORDINANCE, AND ESTABLISHING AN HISTORIC LANDMARK FOR THE PROPERTY LOCATED AT 1818 LINCOLNWAY WEST, IN THE CITY OF SOUTH BEND, INDIANA This bill had first reading. Councilmember Coleman made a motion to refer this bill to the Zoning and Annexation Committee and set it for Public Hearing and Third Reading on January 24, 2000.