03-23-87 Council Meeting Minutes

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W REGULAR MEETING MARCH 23 1987 Numbered 299 a distance of 10 rods to the West line of said Lot Numbered 299; thence North along the Westerly boundary of said Lot Numbered 299 a distance of 49 1/2 feet; thence Easterly on a line parallel with the southerly boundary line of said Lot Numbered 299 a distance of 10 rods to the Easterly boundary line for said Lot Numbered 299; thence South along the Easterly boundary line of said lot a distance of 49 1/2 feet to the place of beginning. AND PARCEL II. Lot Numbered Three Hundred (300) as shown on the Original Plat of the Town, now City of South Bend, Indiana. be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1, et seq.; and WHEREAS, the Redevelopment Commission 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 has further prepared maps and plats showing the boundaries and such other information as required by law of the area in questions; 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. That the Common Council hereby accepts the report and recommendation of the Human Resources and Economic Development Committee that the area herein described be designated an Economic Revitalization Area and hereby adopts a resolution designating this area as an Economic Revitalization Area for purposes of (real or personal) property tax abatement. SECTION II. That this designation shall be limited to five (5) calendar years from the date of the adoption of this resolution by the Common Council. SECTION III. That the Common Council directs the City Clerk to cause notice of the adoption of this resolution to be published, said publication providing notice of the public hearing before the Common Council on said declaration. SECTION IV. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Joseph T. Serge Member of the Common Council A public hearing was held on the resolution at this time. Charles Beyer, representative of Business Communication Systems, indicated they were expanding their business and relocating to the downtown area. He indicated they were anticipating a 10 to 20% increase in employment. Kathleen Cekanski - Farrand indicated they resolution should be amended by renumbering Sections three and four to four and five, and add a new Section three: The period of time authorized for deduction shall be a maximum of six years. Council Member Taylor made a motion to accept this amendment, seconded by Council Member Zakrzewski. The motion carried. Ken Donnelly, 2605 Frederickson, spoke against this abatement. Council Member Zakrzewski made a motion to adopt this resolution, seconded by Council Member Barcome. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 1484 -87 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 2901 S. MAIN TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT. WHEREAS, the Common Council of the City of South Bend has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 2901 S. Main and more particularly described by a line drawn as follows: Lots 84 through 96, both inclusive Oakside 3rd addition to the City of South Bend 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