03-08-93 Council Meeting Minutes

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aU? REGULAR MEETING MARCH 8, 1993 SOUTH BEND, INDIANA, 46628, TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN YEAR REAL PROPERTY TAX ABATEMENT FOR SIDNEY MOORE, JR. AND DOROTHY D. MOORE. 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 645 Wilber South and which is more particularly described as follows: Lots numbered one hundred six (106), one hundred seven (107), one hundred eight (108) and one hundred nine (109) as shown on the recorded Plat of Kauffman Place Addition to the City of South Bend, recorded in Plat Book 9, page 57 in the Office of the Recorder of St. Joseph County, Indiana. with said real estate having the following Key No. 18 2016 0465, 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 purposes 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 ten (10) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et seq. 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/ Stephen Luecke Member of the Common Council A public hearing was held on the resolution at this time. Kenneth Fedder, attorney, made the presentation. He indicated Astar, Inc. is a manufacturer of injected plastic molded products. He indicated the Moore's own the property, and Astar, Inc. will own the equipment; the project calls for construction of a new building of 11,000 square feet, rehabilitation of an existing building of 5000 square feet and installation of new injected plastic molding equipment. Council Member Coleman made a motion to adopt Resolution No. 2018 -93, seconded by Council Member Ladewski. The resolution was adopted by a roll call vote of nine ayes. Council Member Puzzello made a motion to adopt amended Resolution No. 2019 -93, seconded by Council Member Coleman. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 2020 -93 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3615 AND 3511 WEST VOORDE DRIVE, TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A 5 YEAR PERSONAL PROPERTY TAX ABATEMENT FOR CAPITOL TECHNOLOGIES, INC. 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 3615 and 3511 West Voorde Drive and which is more particularly described as follows: 2.664 AC BEG. 814 FT. SO. & 727.2 E CENTER SEC. 22 -28 -2E 3511 Voorde Drive, South Bend, Indiana and this property has Key Number 18- 02184693816, and 3511 West Voorde Drive, and which is more particularly described as follows: Beg. 815.52's & 1348.23' W NE Cor. Sec 33 -38 -2E 2.61 acres with said real estate having the following Key No. 18 02184693816, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public