08-18-86 Council Meeting Minutes

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REGULAR MEETING AUGUST 18, 1986 A public hearing was held on the resolution at this time. James Seitz, Superintendent of Public Parks, indicated this is a fifty percent reimbursable grant, and the funds would be used to help finance the development of the proposed Fredrickson Park. Council Member Serge made a motion to adopt this resolution, seconded by Council Member Barcome. The motion carried on a roll call vote of nine ayes. RESOLUTION NO. 1427 -86 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 2722 WEST TUCKER TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL 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 2722 West Tucker and more particularly described by a line drawn as follows: A part of the southwest 1/4 of the northwest 1/4 of Section 15, Township 37 north. Range 2 east and a part of the east 1/2 of the southeast 1/4 of the northeast 1/4 of Section 16, Township 37 north, range 2 east, being a part of Lot No. 16 in the subdivision of said Section 16, all being in Portage Township and now within the City of South Bend, Indiana, described as follows: Beginning at a point on the south line of Tucker Drive 260 feet south and 780.93 west of the northeast corner of the southwest 1/4 of the northwest 1/4 of said Section 15; thence west along said south line of Tucker Drive and its westerly extension, 600.00 feet; thence south parallel with the west line of said Section 15 a distance of 498.41 feet to the north right of way line of Indiana Northern Railway Company; thence east along said north right of way line, 600.60 feet to a point 780.93 feet west of the east line of the southwest 1/4 of the northwest 1/4 of said Section 15; thence north parallel with said east line of the southwest 1/4 of the northwest 1/4, 495.90 feet to the point of beginning, containing 6.851 acres, more or less. 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. That 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 or personal) property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. 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 resolution at this time. Gerald Lerman, owner of Steel Warehouse Company, indicated they were planning to purchase machinery for their operation, which after installation will increase their employment between seven and fifteen employees. He indicated this machinery will help to maintain their competitive strength in the market place. Council Member Taylor made a motion to adopt this resolution, seconded by Council Member Barcome. The resolution was adopted by a roll call vote of nine ayes. Council Member Taylor made a motion to combine public hearing on the next two resolutions, seconded by Council Member Braboy. The motion carried. RESOLUTION NO. 1428 -86 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 1904 NORTH KENMORE TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT.