10-27-14 Council Agenda & Packet

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Resolution Proposing a Model City -Wide Crime Prevention Financial Model Page 3 Harvard University paid $2.1 million to Boston in 2013 according to public tax records, although Harvard's campus is in Cambridge MIT made a voluntary payment to Cambridge, Massachusetts in 2013 of $2.2 million and paid over $38.6 million in real estate taxes on its commercial property Boston, which has twenty -nine (29) tax- exempt non - profit universities, began in 2011 a PILOT Program where voluntary payments based on an institution's tax- exempt property value in excess of $15 million would be eligible for a community benefits deduction which would be limited to 50% of the PILOT contribution with $24.9 million being received by the City of Boston in 2014. i Section I. Crime prevention is a top priority in the City of South Bend, Indiana, however the city does not have the financial capability to develop, create and sustain a viable city -wide model which focuses on the multi- faceted components of personnel, training, equipment, technology, and outreach which is critical to success. Section II. The University of Notre Dame is the largest employer in St. Joseph County with 5,590 employees as of December 2013. Last September, the University of Notre Dame reported that its "...endowment pool value grew from $7.4 billion on June 30, 2012, to $8.3 billion on June 30, 2013 "; and it has been recently reported that as of October 1, 2014.the endowment pool was at $9.8 billion. Section III. The City of South Bend and the University of Notre Dame have a proven track record of developing positive partnerships for the betterment of both the City and the University. Section IV. The Common Council of the City of South Bend invites the University of Notre Dame to partner with the City to explore more creative options for the University to be a key financial partner in the development, creation, and sustainability of a viable city -wide model on crime prevention. Section V. The Common Council invites the Mayor and the University of Notre Dame to a meeting aimed at further outlining this initiative. This meeting is proposed to take place on or before the Common Council meeting of November 24, 2014, at a mutually agreed time and location. Each party may have no more than five (5) representatives at this initial meeting, with the 01 District Council Member and a University representative providing an initial update to the public at the November 24 " Common Council meeting under "Special Business ". Section VI. Resolution shall be in full force and effect from and after its adoption by the Council and approval by the Mayor.