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REGULAR MEETING <br />NOVEMBER 13.2000 <br />WHEREAS, the Council has determined that the qualifications for an economic revitalization <br />area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating <br />the area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to two (2) calendar years <br />from the date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION 11. The Common Council hereby determines that the property owner is qualified <br />for and is granted Real property tax deduction for a period of ten (10) years, and further determines <br />that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend <br />and Indiana Code 6- 1.1 -12 et. sea. <br />SECTION II1. This Resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approved by the Mayor. <br />s /Charlotte Pfeifer <br />Member of the Common Council <br />Councilmember Aranowski advised that he will be recusing himself from voting on this tax <br />abatement because he provides accounting services to the petitioner. <br />Mr. Tom Gyuriak, 6115 Miami Street, South Bend, Indiana, made the presentation for this <br />Resolution. <br />Ms. Gyuriak noted that GVW Tire, Inc. through GVW Realty, LLC proposes to build a thirty -two <br />thousand (32,000) square foot building on this site. <br />A Public Hearing was held on the Resolution at this time. <br />There being no one present wishing to speak to the Council either in favor of or in opposition to this <br />Resolution, Councilmember Kelly made a motion to adopt this Resolution. Councilmember Varner <br />seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) <br />ayes. <br />RESOLUTION NO. 2948 -00 A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING <br />CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS 2629 <br />FOUNDATION DRIVE TO BE AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A FIVE <br />(5) YEAR PERSONAL PROPERTY TAX ABATEMENT <br />FOR VALUE TOOL & ENGINEERING, INC. <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas <br />for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 2629 <br />Foundation Drive, South Bend, Indiana, and which is more particularly described as follows: <br />A parcel of land in the Southwest Quarter of Section 28, Township 38 North, Range <br />2 East, St. Joseph County, Indiana <br />and which has Key Number 25- 1010- 040012, as an Economic Revitalization Area; and <br />1 <br />J <br />