06-14-93 Council Meeting Minutes

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REGULAR MEETING JUNE 14, 1993 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. Ernest Szarwark, attorney, made the presentation for the resolution. He indicated this company was purchasing new manufacturing equipment which will allow complete processing of the scrap metal to be done on site in South Bend. He indicated that this equipment would allow the company to have competitiveness'in the market. Council Member Coleman made a motion to adopt this resolution,'seconded by Council Member Zakrzewski. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 93 -50 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS THE NORTHEAST CORNER OF HAMILTON AND HUEY STREETS, AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR GREATER SOUTH BEND DEVELOPMENT COMPANY Council Member Slavinskas made a motion to continue public hearing on this bill to June 28, seconded by Council Member Zakrzewski.'', The motion carried. RESOLUTION NO. 2047 -93 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 3511 AND 3615 WEST VOORDE DRIVE, AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT FOR CAPITOL TECHNOLOGIES, INC. Whereas, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 3511 and 3615 W. Voorde Dr., South Bend, Indiana, and which is more particularly described as follows: 3615 W. Voorde Dr., 2.664 AC BEG. 814 FT. SO & 727.2 E CENTER SEC 33 -38 -2E with said real estate having the following Key No. 18- 92184693816; and 3511 W. Voorde Dr., 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- 02184693805, be designated as an Economic Revitalization. Area under the provisions of Indiana Code 6-1.1- 12.1 -1 et seq., and South Bend Municipal Code Sections 2 -76 et seq. and; WHEREAS, the Department of Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, et seq., and South Bend Municipal Code Sections 2 -76, et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and Whereas, the Human Resources and Economic Development Committee of the Common. 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 that the petition for Real Property Tax Abatement and the Statement of Benefits form completed by the Petitioner meet the requirements of I.C. 6- 1.1- '',12.1 -1 et seg., and qualifies under the provisions of South Bend Municipal Code Section 2 -76 et seg., for tax abatement. Section II. The Common Council hereby and finds the following: A. That the description of the proposed redevelopment or rehabilitation meets the applicable standards for such development.' B. That the estimate of the value of the redevelopment or rehabilitation is reasonable for projects of this nature; C. That the estimate of the number of individuals who will be employed during the construction phase of this development can',be reasonably expected to result from the proposed described redevelopment or rehabilitation: D. That the other benefits about which information was requested are benefits that can be reasonably expected to result fromthe proposed described redevelopment or rehabilitation; and E. That the totality of benefits is sufficient to justify the deduction, all of which satisfy the requirements of I.C. 6 -1.1- 12.1 -3. Section III. The Common Council hereby determines and finds that the proposed described redevelopment or rehabilitation can be reasonably expected to yield