08-14-00 Council Meeting Minutes

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REGULAR MEETING AUGUST 14.2000 of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana Code 5 -3 -1 and Indiana Code 6 -1.1- 12.1 -2.5, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s /Charlotte Pfeifer Member of the Common Council Councilmember Kelly made a motion to hear the substitute version of this Resolution. Councilmember King seconded the motion which carried by a voice vote of eight (8) ayes. Councilmember Kelly reported that the Community and Economic Development Committee met on this bill and recommends this Resolution to the Council favorably. Mr. Bill Cupp, no address given, with GWSB Properties, LLC, made the presentation for this Resolution. Mr. Cupp stated that they are requesting this tax abatement for a one hundred ninety -eight thousand (198,000) square foot warehouse that they are building for their tenant, Global Motorsport Group, Inc., distributors of motorcycle parts and accessories. This building will be one (1) of three (3) distribution centers that they will have in the United States and it is anticipated that they will employ fifty (50) new employees in the first year. A Public Hearing was held on the Resolution at this time. There was no one present wishing to speak to the Council in favor of this Resolution. Mr. Leon Townsend, 525 North Hill Street, South Bend, Indiana, informed the Council that South Bend has a tax crunch and now the City is giving it away for sixty (60) jobs. He noted that the most tax burden is on the poor and he feels that if this gentleman wants to build a facility that he should pay his fair share of taxes. Councilmember Varner explained to Mr. Townsend that tax abatement does not mean that this new company will not pay any taxes. It means that over a ten (10 year period there will be $1.35 million in taxes abated but the company will still pay $1.35 million dollars over that ten (10) year period. Also, if a new company comes to town and pays one million dollars ($1,000,000.00) in property taxes the City does not get an extra million dollars because it is divided. The benefit is that a building will be on the property tax rolls for the next thirty (30) to forty (40) years. There being no one else present wishing to speak to the Council in opposition to this Resolution, Councilmember Aranowski made a motion to adopt this Resolution. Councilmember Kelly seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes. RESOLUTION NO. 2914 -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 3815 RALPH JONES DRIVE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR RALPH JONES PARTNERS L.P.