10-25-82 Council Meeting Minutes

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3r wy ,' 3 REGULAR MEETING OCTOBER 25 1982 Commencing at the point of intersection of the north right -of -way line of Sample Street with the east right -of -way line of Arnold Street; thence northerly along and with the east right -of -way line of Arnold Street; thence northerly along and with the east right -of -way line of Arnold Street a distance of 472.37 feet; thence easterly along a line with a deflection angle of 90 degrees 07 minutes 30 seconds Right a distance of 201.44 feet to the point of beginning; thence northerly along a line with a deflection angle of 90 degrees 07 minutes Left; a distance of 387.02 feet; thence easterly along a line with a deflection angle of 90 degrees, 13 minus Right, a distance of 17.92 feet; thence southerly to a point of beginning; thence westerly a distance of 17.92 to the point of beginning. WHEREAS, the Redevelopment Commission has conducted an investigation pursuant to Section 2 -77 of the Municipal Code and prepared a report determining that there is compliance with the Statutory obsolescence and eligibility criteria under Indiana Code 6- 1.1- 12.1 -1 et seq. 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 Urban Development Area, and that the tangible personal property to be located at such location is entitled to a deducation from the assessed value of the equipment for a period of five (5) years. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. 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 Urban Development Area, and that the tangible personal property to be located at such location is entitled to a deduction from the assessed value of the equipment for a period of five years (5) years. SECTION II. The Common Council hereby adopts a resolution designating this area as an Urban Development Area for purposes of personal property tax abatement. SECTION III. The Common Council directs the City Clerk, upon the receipt of the report of the Area Plan Commission to cause notice of the adoption of this Resolution to be published. Said publication shall provide notice of the public hearing before the Common Council of 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. Lewis A. McGann Member of the Common Council A public hearing was held on the resolution at this time. Rick Carey, Senior Planner in Redevelopment, indicated that Jamil Packaging Company was renovating an existing building. He indicated that the real property improvements would be in the sum of $334,000, and the tangible property would be in the sum of $160,000. He indicated that seventeen new jobs would be created. Richard Cramer, attorney for the petitioners, spoke in favor of these petitions. Council Member Szymkowiak made a motion to adopt Resolution No. 1000 -82, seconded by Council Member Taylor. The resolution was adopted by a roll call vote of nine ayes. Council Member Szymkowiak made a motion to adopt Resolution No. 1001 -82, seconded by Council Member Taylor. The resolution was adopted by a roll call vote of nine ayes. Council Member Harris made a motion to combine public hearing on resolutions C & D on the Agenda, seconded by Council Member Crone. The motion carried. RESOLUTION NO. 1002 -82 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS 1137 S. LAFAYETTE AS AN URBAN DEVELOPMENT AREA FOR THE PURPOSES OF TAX ABATEMENT CONSIDERATION. WHEREAS, a petition for real property tax abatement consideration has been filed with the Common Council of the City of South Bend pursuant to Section 2 -76(a) of the Municipal Code requesting that the area commonly known as 1137 S. Lafayette and which more particularly described by a line drawn as follows: Beginning at the SW corner of Lot 7, Stull's Second Edition, thence, N along the E right -of -way of an alley a distance of 269.06 feet + or - to a point; thence E a distance of 6 feet to a point; thence, N along a line parallel to the Eastern right -of -way of said alley a distance of 54 feet to a point; thence, W a distance of 6 feet to the eastern edge of said alley; thence N a distance of 13 feet to a point, said point being the NW corner of the S 1/2 of Lot 64, South Bend City Edition; thence, E along the northern boundry of said 1/2 of Lot 64 which is on the western right -of -way of Lafayette Blvd.; thence, S a distance of 275 feet + or - to the SE corner of Lot 6, Stull's Second Edition;