10-22-90 Council Meeting Minutes

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,to REGULAR MEETING as an Economic Revitalization Area; and OCTOBER 22, 1990 WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the pruposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for personal property tax abatement only and is limited to two (2) calendar years 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. SECTION III. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s /Thomas Zakrzewski Member of the Common Council A public hearing was held on the resolutions at this time. Council Member Slavinskas made a motion to combine Resolution Nos. 1816 -90 and 1817 -90 for the purpose of public hearing, seconded by Council Member Voorde. The motion carried. Harold Wyland, Attorney, P. O. Box 158, Plymouth, IN made the presentation on the bill. He indicated that the project will allow for the construction of a new state -of- the -art ready -mix concrete plant containing approximately 10,012 sq. ft. which will greatly expedite the delivery time for the purchase of concrete in and around South Bend area and with will also improve the quality of the concrete by the expedited delivery time since concrete is a perishable product. He stated that the estimated total square footage and the estimated total cost of the project which is in addition to the purchase price for the 10.35 acre tract of real estate purchased for Fifty Five Thousand Dollars ( 55,000.00.) Council Member Coleman made a motion to adopt Resolution No. 1816 -90, seconded by Council Member Voorde. The resolution was adopted by a roll call vote of nine ayes. Council Member Coleman made a motion to adopt Resolution No. 1817 -90, seconded by Council Member Niezgodski. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 1818 -90 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA COMMONLY KNOWN AS 419 SOUTH MAIN TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE YEAR REAL PROPERTY TAX ABATEMENT FOR BRIARWOOD SOUTH BEND PARTNERSHIP. WHEREAS, the Common Council of the City of South Bend, Indiana has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 419 South Main and which is more particularly described as follows: Lots 40 & 44' of Lot 41 Martins Addition to City of South Bend, Indiana as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purpose of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years 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 real property tax deduction for a period of three (3) years.