05-08-95 Council Meeting Minutes

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REGULAR MEETING MAY 8, 1995 Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds pursuant to Indiana Code 6 -1.1- 12.1 -4.5, that: (a) the estimate of the cost of the new manufacturing equipment is reasonable for equipment of that type; (b) the estimate of the number of individuals that will be employed or whose employment will be retained by the Petitioner can be reasonably expected to result from the proposed installation of new manufacturing equipment; (c) the estimate of the annual salaries of those individuals who will be employed or whose employment will be retained can be reasonably expected to result from the proposed installation of new equipment; (d) any other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed installation of new manufacturing equipment; and (e) the totality of benefits is sufficient to justify the deduction requested. SECTION II. The Common Council hereby determines and finds that the proposed new manufacturing equipment can be reasonably expected to yield the benefits identified in the State of Benefits as set forth in Section 1 through 3 of the Petition for Personal Property Tax Abatement Consideration and that the Statement of Benefits form completed by the Petitioner, said form being prescribed by the State Board of Accounts, are sufficient to justify the deduction granted under Indiana Code 6 -1.1- 12.1 -4.5. SECTION III. The Common Council hereby accepts the report and recommendation of the Department of Economic Development, and the Human Resources and Economic Development Committee's favorable recommendation, that the area herein described be designated as Economic Revitalization Area for purposes of personal property tax deduction for a period of five (5) years. SECTION IV. The Common Council determines that such designation is for personal property tax abatement only and shall be limited to two (2) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION V. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of five (5) years. SECTION VI. The Common Council directs the City Clerk to cause notice of the adoption of this Declaratory Resolution to be published pursuant to Indiana Code 5 -3- 1, said publication providing notice of the public hearing before the Common Council on said declaration. SECTION VII. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Eugene Ladewski Member of the Common Council A public hearing was held on the resolution. Council Member Kelly reported that the Community and Economic Development Committee had met on these bills and recommended them to the Council favorable. Ernest Szarwark, attorney, made the presentation for the bills. He indicated the petitioner planned to purchase new equipment to improve dust control, reduce particulate emissions, improve productivity and upgrade environmental controls. He indicated the company currently pulverizes scrap product. Council Member Washington made a motion to adopt this resolution, seconded by Council Member Coleman. The resolution was adopted by a roll call vote of eight ayes. BILLS, FIRST READING BILL NO. 23 -95 A BILL AMENDING THE ZONING ORDINANCE FOR PROPERTY LOCATED AT 3402 LINCOLNWAY WEST, IN THE CITY OF SOUTH BEND, INDIANA This bill had first reading. Council Member Puzzello made a motion to refer this bill to Area Plan, seconded by Council Member Duda. The motion carried. BILL NO. 24 -95 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, VACATING THE FIRST EAST -WEST ALLEY NORTH OF E. OHIO STREET FROM THE EAST RIGHT -OF -WAY LINE OF SOUTH CARROLL STREET TO THE WEST RIGHT -OF- WAY LINE OF SOUTH COLUMBIA STREET FOR A WIDTH OF 14 FEET AND A LENGTH OF APPROXIMATELY 198 FEET; AND FROM THE EAST RIGHT -OF -WAY LINE OF SOUTH COLUMBIA STREET TO THE WEST RIGHT -OF -WAY LINE OF SOUTH FELLOWS STREET FOR A WIDTH OF 14 FEET AND A LENGTH OF APPROXIMATELY 198 FEET; ALSO, COLUMBIA STREET FROM THE NORTH RIGHT -OF -WAY LINE OF EAST OHIO STREET TO THE SOUTH RIGHT -OF -WAY LINE OF EAST SAMPLE STREET FOR A WIDTH OF APPROXIMATELY 20 FEET AND A LENGTH OF APPROXIMATELY 278 FEET.