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CITY OF SOUTH BEND REDEVELOPMENT COMMISSION REGULAR MEETING – September 12, 2024 <br /> <br />6 <br /> <br /> <br />Upon a motion by Vivian Sallie for approval, seconded by David Relos, <br />the motion carried unanimously; the Commission approved a second <br />amendment to the development agreement as presented on <br />September 12, 2024. <br /> <br />6. Progress Reports <br /> <br />A. Tax Abatement <br /> <br />Erik Glavich, Director of Growth and Opportunity stated the only tax <br />abatement report was during the August 26th Common Council <br />meeting. The Common Council confirmed a personal property tax <br />abatement for Hoosier tank and manufacturing. The company’s facility <br />is near the airport, will be investing $4 million in new manufacturing <br />equipment and hiring 15 new employees. The Council approved and <br />the abatement was confirmed. <br /> <br />B. Common Council <br /> <br />C. Other <br /> <br />Caleb Bauer, Executive Director of Community Investment reminded <br />Commissioners about the Executive Session meeting immediately <br />following this Regular meeting on the 14th floor in the Community <br />Investment conference room. <br /> <br />7. Next Commission Meeting <br />Thursday, September 26, 2024, 9:30 a.m. <br /> <br />8. Adjournment <br />Thursday, September 12, 2024, 10:05 a.m. <br /> <br /> <br /> <br /> <br />______________________________ ______________________________ <br />Vivan G. Sallie, Secretary Troy Warner, President