02-28-83 Council Meeting Minutes

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xi ?7 REGULAR MEETING FEBRUARY 28, 1983 /s /Beverlie J. Beck Member of the Common Council A public hearing was held on the resolution at this time. Kenneth Fedder, attorney for the Economic Development Commission, indicated this inducement resolution was for a $5,000,000 bond issue to purchase certainmachinery and equpment for the manufacture of industrial abrasives. Council Member Serge made a motion to adopt this resolution, seconded by Council Member Taylor. The resolution passed by a roll call vote of eight ayes. RESOLUTION NO. 1030 -83 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS 3511 GAGNON AS AN URBAN DEVELOPMENT AREA FOR THE PURPOSES OF TAX ABATEMENT CONSIDERATION. WHEREAS, a petition for real property tax abatement consideration as been filed with the Common Council of th City of South Bend pursuant to Section 2 -76 (a) of the Municipal Code requesting that the area commonly known as 3511 Gagnon, South Bend, Indian, and which more particularly described by a line drawn as follows: Commencing at the southeast corner of the NE 1/4 of said section; thence South 89058156" West along the south line of said quarter section a distance of 1150.09 feet; thence north 0000103" East along the centerline of Kenmore Street a distance of 1011.00 feet; thence North 89059137" West a distance of 40.00 feet to the west boundary of said Kenmore Street and the point of beginning; thence South 45000123" West a distance of 14.14 feet to the North boundary of Gagnon Street; thence North 89059'37" West a distance of 320.00 feet along said north boundary; thence North 0000117" East a distance of 363.60 feet; thence South 89059'37" East a distance of 326.61 feet to said west boundary of Kenmore Street; thence Southerly along said west boundary a distance of 112.63 feet along an arc to the right having a radius of 1869 feet and subtended by a long chord having a bearing of South 1043'11" East and a distance of 112.61 feet; thence South 0000'23" West a distance of 241.03 feet along said west boundary to the point of beginning and containing 2.748 acres,more or less. be designated as an urban Development Area under the provisions of Indiana Code 6- 1.1- 11.1 -1 and that the public utility and benefit of the project be determined; and WHEREAS, the Redevelopment Commission has conducted an investigation pursuant to Section 2 -77 of the Municipal Code and prepared a report determining that the area qualifies as an Urban Development Area under Indiana Code 6 -1.1- 12.1 -1 and has further prepared maps and plats showing the boundaries and such other information has required by law of the area in qustion; 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 Urban Development 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 Urban Development Area nad hereby adopts a resolution designating this area as an Urban Develpment Area for the purposes of real property Tax Abatement. SECTION II. That the common Council requests the City Clerk to submit this Resolution along with supporting data to the Area Plan Commission for its written order approving or disapproving this resolution. SECTION III. That the Common Council directs the City Clerk, upon receipt of the report of the Area Plan Commission 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 resolution at this time. Ken Kunst, a representative of South Bend Screw, indicated they planned to relocate to the Airport Industrial Park, indicated they presently employed twenty skilled employees and five salary employees. He indicated they anticipated adding twenty hourly employees to their payroll. Howard Bessire, executive director of the Industrial Foundation, spoke in favor of the resolution. Council Member McGann made a motion to adopt this resolution, seconded by Council Member Taylor. The resolution was adopted by a roll call vote of eight ayes.