11-19-84 Council Meeting Minutes

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REGULAR MEETING NOVEMBER 19, 1984 WHEREAS, a petition for real property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as 1147 Prairie Avenue, South Bend, Indiana, and which is more particularly described by a line drawn as follows: The following parcels of real estate located in St. Joseph County, Indiana: A parcel of property in St. Joseph County (sometimes known as Monroe - Sample Disposition Parcel No. 4) more particularly described as follows: Lots Numbered Seventy -five (75), Seventy -six (76), Seventy -seven (77), Seventy - eight (78), Seventy -nine (79), Eighty (80), Eighty -one (81), Eighty -two (82), Eighty -Three (83), Eighty -Four (84), Eighty -five (85), Eighty -six (86),Eighty- seven (87), Eighty -eight (88), Eighty -nine (89), Ninety (90) in Rush's Fourth Addition to the City of South Bend, as found in Plat Book 4, page 54; ALSO Lots Numbered One Hundred Forty -seven (147), One Hundred Forty -eight (148), One Hundred Thirty -nine (139) and One Hundred Forty (140) in Edward H. Rush's First Addition to the City of South Bend as found in Plat Book 7, page 8 in the Office of the Recorder of St. Joseph County, Indiana. DESCRIBED MORE SPECIFICALLY AS FOLLOWS: The commencing point being at the Northwest corner of Lot 75 in saiaid Rush's 4th Addition; thence South 0004' East 419.9 feet to the Southwest corner of Lot 148 in said Edward H. Rush's First Addition; thence South 89049' East 254.1 feet to the Southeast corner of Lot 140 in said Edward H. Rush's First Addition; thence 0003' West 419.9 feet to the Northeast corner of Lot 83 in said Rush's 4th Addition; thence North 89049' West 254.2 feet to the point of commencing. EXCEPT all North -South and East-West alleys between said lots. be designated as an Economic Revitalization Area under the provisions of Indiana Code 6- 1.1- 1l.l -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 question; 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 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/ Beverlie J. Beck Member of the Common Council A public hearing was held on the resolutions at this time. Richard Morgan, attorney, indicated that Plast Ad plans an expansion of its existing building and the acquisition of new equipment. He indicated that 20 new jobs will be created. Council Member Serge made a motion to adopt Resolution No. 1230 -84, seconded by Council Member Taylor. The resolution was adopted by a roll call vote of nine ayes. Council Member Taylor made a motion to adopt Resolution No. 1231 -84, seconded by Council Member Serge. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 1232 -84 A RESOLUTION REDUCING CERTAIN ACCOUNTS WITHIN THE CENTURY CENTER BOARD OF MANAGERS OPERATING FUND IN THE AMOUNT OF $259,658.