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South I3cnd Redevelopment Commission <br />Regular Meeting-August 15, 2008 <br />non-profit company that is being set up. Will <br />there be one owner or two owners? Mr. hlks <br />responded that there will be two owners. The <br />University of Notre Dame will own the land <br />related to the campus site, across from the <br />university. The city currently owns and will <br />continue to own the land in the Sample Street <br />site. <br />Mr. Blake asked ~~hat the non-profit <br />company will own. Mr. Inks responded that <br />the non-profit will lease the assets from the <br />university, but not the land at Sample Street <br />site. The non-profit company will provide <br />services to the Sample Street site, however. <br />Upon a motion by Mr. Downes, seconded by <br />Mr. F31ake and unanimously carried, the <br />Commission approved the Rcviscd Certified <br />Cechnology Park Application and authorised <br />submission of the Certified Technology Park <br />Technology Development Urant Fund <br />Application. <br />6. NEW BUSINESS <br />A. Tax Abatemc~ts <br />(1) Commission approval requested for <br />Resolution No. 2488 approving an <br />application for personal property tax <br />deduction for property located at 1827 <br />North 13endix Drive in the Airport <br />Economic Development Area. (Mann + <br />Hummel USA) <br />Mr. Mathia gave the staff report on the <br />project. Mann + IIummcl USA manufactures <br />various products for the automotive industry. <br />"the products are made of nylon and plastic <br />and are manufactured using injection <br />molding. Mann + Ilummcll plans to install <br />COMMISSION APPROVED ll Ili Rh;VISGD <br />CLRIIFiLD TIfC11NOLOGY PARK APPLICATION <br />AND AUT}IORIlIiD SUL3MISSION OP ll IL? <br />CER'I~IFI[D ~I~IiCHNOLOGY PARK ~I1:CHNOLOGY <br />UliVIiLOPMIiN'P GRAN'1~ FUND APPLICATION <br />C <br />