2014 Annual Report - Community Investment

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2014 Annual Report of the Community Investment Committee Date: December 30, 2014 To: The South Bend Common Council The Office of the City Clerk From: Council Member Gavin Ferlic, Chairperson Community Investment Committee Pursuant to § 2 -10 (i) of the South Bend Municipal Code I am filing this report which briefly highlights some of this year's activities of the Community Investment Committee. As each of you will recall, the Community and Economic Development Committee is charged with: We were fortunate to have two (2) citizen members volunteering to serve on the Committee namely Patrick Mullin and Austin Cabello. Council Members who served this year included Henry Davis, Jr., who served as Vice - Chairperson, Valerie Schey, Derek D. Dieter and myself as Chairperson. The primary responsibility of the Community this year was to review requests for tax abatements. With the streamlining of the form used for such requests, it appeared to be favorably received by those wishing to petition for such consideration. The Committee also had the opportunity in conjunction with the Personnel and Finance Committee to interview candidates for possible appointments to the Redevelopment Commission, the Human Rights Commission and the Diversity Utilization Board. The Committee received updates on "Smart Streets "; was requested to review a bond issue for Noble Americas South Bend LLC; and requested to review an Inter -local Agreement between South Bend and Mishawaka for a brownfield assessment grant. The Committee also had Scott Ford present a detailed power -point presentation of TIF. By working with the City Administration, all of these Committee activities helped spur the creation of new jobs, helped retain current jobs; and provide incentives for overall community investment in the City of South Bend. Thank you. Respectfullysubm�itted, Jam) Council Member Gavin Ferlic, Chairperson Community Investment Committee 3 Q �01q�1 JOtt . ':. CITY CLERb ,, 30,` -icND, IN