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05-14-84 Council Meeting Minutes
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05-14-84 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
5/14/1984
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REGULAR MEETING <br />MAY 14, 1984 <br />WHEREAS, the Redevelopment Commission has concluded an investigation and prepared <br />a report with information sufficient for the Common Council to determine that the <br />area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, <br />et seq., and has further prepared maps and plats showing the boundaries and such <br />other information as required by law of the area in question; and <br />WHEREAS, the Human Resources and Economic Development Committee of the Common <br />Council has reviewed said report and recommended to the Common Council that the area <br />qualifies as an Economic Revitalization Area. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />SECTION I. That the Common Council hereby accepts the report and recommendation <br />of the Human Resources and Economic Development Committee that the area aherein <br />described be designated an Economic Revitalization Area and hereby adopts a resolution <br />designating this area as an Economic Revitalization Area for purposes of personal <br />property tax abatement. <br />SECTION II. That this designation shall be limited to five (5) calendar years <br />from the date of the adoption of this Resolution by the Common Council. <br />SECTION III. That the Common Council directs the City Clerk to cause notice of <br />the adoption of this resolution.to be published, said publication providing notice <br />of the public hearing before the Common Council on said declaration. <br />SECTION IV. This Resolution shall be in full.force and effect from and after <br />its adoption by the Common Council and approval by the Mayor. <br />/s/ Beverlie J. Beck <br />Member of the Common Council <br />A public hearing was held on the resolutions.at this time. Patrick McMahon, Director <br />of Project Future, indicated that SDT planned to invest $6,500,000 in equipment. He <br />indicated they planned to hire sixty indivivals to start and one hundred and thirty <br />within the first few months. He indicated they plan to manufacture synthetic diamonds, <br />and that they will become the third largest synthetic gem facility in the world. <br />Council Member Voorde made a motion to adopt Resolution No. 1148 -84, seconded by <br />Council Member Taylor. The resolution was adopted by a roll call vote of nine ayes. <br />Council Member Voorde made a motion to adopt Resolution No. 1047 -84, seconded by <br />Council Member Puzzello. The motion carried on a roll call vote of nine ayes. <br />Council Member Taylor made a motion to make resolution 9K a part of the Agenda, and <br />have public hearing on the resolution at this time, seconded by Council Member Braboy. <br />The motion carried. <br />RESOLUTION NO. 1$49 -84 A.RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND AUTHORIZING THE ECONOMIC DEVELOPMENT COMMISSION TO <br />SUBMIT TO THE INDIANA DEPARTMENT OF COMMERCE AN APPLICATION <br />FOR FUNDING THROUGH THE INVESTMENT INCENTIVE PROGRAM. <br />WHEREAS, the South Bend Economic Development Commission is the applicant for <br />the Investment Incentive Program funds. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br />Indiana. <br />SECTION I. That it hereby establishes the authority of the Economic Development <br />Commission of the City of South Bend to submit an application for Investment Incentive <br />Program. <br />SECTION II. That the President of the Economic Development Commission shall be <br />designated the Administrative Agent for this grant. <br />SECTION III. That this Resolution shall be in full force and effect from and <br />after its adoption by the Common Council and approval by the Mayor. <br />/s/ Beverlie J. Beck <br />Member of theCommon Council <br />A public hearing was held on the resolution at this time. Patrick McMahon, Director <br />of Project Future, indicated they were requesting a $192,500 grant from the State of <br />Indiana, to assist a new company move into South Bend. Council, Member Serge made a <br />motion to adopt this resolution, seconded by Council Member Taylor. The resolution <br />was adopted by a roll call vote of nine ayes. <br />RESOLUTION NO. 1140 -84 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION <br />•DESIGNATING CERTAIN ;AREAS .WITHIN THE CITY OF SOUTH BEND, <br />COMMONLY KNOWN AS 227 SOUTH MAIN STREET TO BE AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF TAX ABATEMENT. <br />
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