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TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: <br />Your Committee of the Whole, to whom was referred: <br />BILL NO. <br />14 -04 A RESOLUTION RECONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, <br />COMMONLY KNOWN AS 4601 NIMTZ PARKWAY TO BE <br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES <br />OF A FIVE (5) YEAR PERSONAL PROPERTY TAX <br />ABATEMENT AND EXTENDING THE ABATEMENT FOR 1 <br />YEAR AND CHANGING OWNERSHIP FROM SOUTH <br />BEND GEAR TO SOMASCHINI NORTH AMERICA <br />Respectfully report that they have examined the matter and that in their opinion, <br />this bill is being recommended to the full Council with a favorable <br />recommendation. <br />This bill was heard by the Community Investment Committee. <br />Valerie Schey <br />Chairperson, Committee of the Whole <br />