06-26-00 Council Meeting Minutes

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REGULAR MEETING JUNE 26, 2000 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 /Charlotte Pfeifer Member of the Common Council Mr. Robert Michalak, 19436 Staffordshire, South Bend, Indiana, President, made the presentation for this Resolution. Mr. Michalak noted that Masterbilt is a local machine shop having been in business for forty (40) years. They produce parts that support the aerospace industry with Honeywell being their largest customer. They plan to purchase a CNC drill at a cost of one hundred fifty thousand dollars ($150,000.00) in order to remain competitive and keep the quality standard they have now. 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 Kelly 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 nine (9) ayes. RESOLUTION NO. 2898 -00 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 113, 115, 138 BROADWAY AND 710 PENNSYLVANIA AVENUE, AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR AMERICAN HOME DREAMS, INC. WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement has been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 113,115,138 Broadway and 710 Pennsylvania Avenue, South Bend, Indiana, and which is more particularly described as follows: Street Address Legal Description 115 Broadway 5FT WEST SIDE LOT 18 AND ALL LOT 17 HANEYS ADDITION 113 Broadway LOT 16 HANEYS ADDITION 138 Broadway LOT 29 EXCEPT 45 FT SOUTH HANEYS ADD 710 Pennsylvania LOT 144 WENGER & KREIGHBAUM REPLAT OF WENGER 6TH ADDITION Key Number 18- 7026 -1034 18- 7026 -1035 18- 7026 -1040 18- 7016 -0625 be designated as a Residentially Distressed Area under the provisions of Indiana Code 6 -1.1 -12.1