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HomeMy WebLinkAboutConfirming Tax Abatement - JSK Development Inc./Ireland Hospitality LLC 122 Callander St. (6 Year Real Property)Attest: RESOLUTION 4467 -15 Passed by the Common Council of the City of South Bend, Indiana July 13, 15 2Q—. Presented by me to the Mayor of the City of South Bend, Indiana July 14 15 City Clerk President of Common Council Approved and signed by me �y I L� ' 20— . City Clerk RESOLUTIONNO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 122 Callander St. South Bend, IN 46614 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR JSK Development, Inc. /Ireland Hospitality, LLC WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 122 Callander St., South Bend, IN 46614 and which is more particularly described as follows: Key Number 023 - 1035 -1759 — Lots 1 &2 & N1 /2 Vac Callender St S & Adj N Pt SW E of Hwy 029/10 Vac Ord 9885 -08 Key Number 023 - 1035 -1760 — 74.48 x 179.15' Beg 430'S Ireland Rd & E Line US 31 Ex W 10' to State & N1 /2 Vac Callender St S & Adj 09/10 Vac Ord 9885 -08 Key Number 023 - 1035 -1761 — 60 x 135' On Callander E of US 31 & N %2 Vac Callender S & Adj 09/10 Vac Ord 9885 -08 Key Number 023 -1035 -1767 — 110 x 141.32' Beg 420.17' E of E Line US 31 & S1 /2 Vac Callender St N & Adj 09/10 Vac Ord 9885 -08 Key Number 023- 1035 -1768 — In Tr Beg 174.94' E & 673.04' S of Inter Us 31 & E & W C/L &S1 /2 Vac Callender St N & Adj Key Number 023 - 1035 -1769 — In Tr 118.25' E Side US 31 Beg 673.04' S of Ireland C/L & S1 /2 Vac Callender St N & Adj and which has Key Numbers listed above be designated as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real Property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted a real property tax deduction for a period of (6) six years as shown by the attachment pursuant to Indiana Code 6 -1.1- 12.1 -17 and further determines that the petition, the Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et se q. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. Member of the Common Council :RESENTED ' -k 3 -t Xt APPCOVID � --13 �I s— Filed in ! ':. , : �(�,1I.�ffice CITY CLERK, SOUTH BEND, IN 227 W. JEFFERSON BOULEVARD SUITE 1400 S. SOUTH BEND, IN 46601 -1830 June 15, 2015 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY INVESTMENT SCOTT FORD, EXECUTIVE DIRECTOR Council Member Gavin Ferlic, Chairperson Community Investment Committee South Bend Common Council 4th Floor, County City Building South Bend, IN 46601 RE: Real Property Tax Abatement Petition for: JSK Development, Inc./Ireland Hospitality, LLC Dear Council Member Ferlic: PHONE: 574/235 -9371 FAX: 574/235 -9021 Please find the attached information pertaining to a real property tax abatement petition for JSK Development Inc./Ireland Hospiltality, LLC: ➢ Department of Community Investment's summary report ➢ Copy of the petition ➢ Statement of Benefits form ➢ Supporting information. The report contains the Department's findings relative to the above petition. The total cost for the construction is estimated at $6,000,000. The project meets the qualifications for a (6) six year real property tax abatement. A representative from JSK Development, Inc./Ireland Hospitality, LLC will be available to meet with the Committee on Monday, June 22, 2015. Should you or any of the other Council members have any questions concerning the report, or need additional information, please feel free to call me at 235 -9339. Sincerely, Brock Zeeb Director Economic Resources Attachments cc: South Bend Common Council Members Mayor Pete Buttigieg Scott Ford Chris Fielding PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES Jim KAIN PAMELA C. MEYER CHRIS FIELDING BROCK ZEEB TAX ABATEMENT REPORT TO: SOUTH BEND COMMON COUNCIL FROM: BROCK ZEEB SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR: JSK Development, Inc./Ireland Hospitality, LLC DATE: June 15, 2015 On Thursday, June 11, 2015, a petition from JSK Development, Inc. /Ireland Hospitality, LLC was received and subsequently filed with the City Clerk for real property tax abatement consideration for property to be located at 122 Callander St, South Bend, IN 46614. Pursuant to Chapter 2, Article 6, Section 2 -84.2 of the Municipal Code of the City of South Bend, this petition was referred to the Department of Community Investment for purposes of investigation and preparation of a report determining whether the area qualifies as an Economic Revitalization Area pursuant to I.C.6 -1.1 -12.1 and whether all zoning requirements have been met. The Department of Community Investment has reviewed the petition (a copy of which is attached), investigated the area, and makes the following report. PROJECT SUMMARY ➢ Construction of a four story, 81 room Holiday Inn Express featuring standard amenities including a conference room, business center, indoor swimming pool and fitness facilities. ➢ $6,000,000 investment in new building construction and removal of three existing buildings on the site ➢ Total project taxes during six year abatement period— $1,054,265 ➢ Estimated taxes being abated during six year abatement period — $446,712 ➢ Total taxes to be paid during six year abatement period — $607,553 EMPLOYMENT IMPACT Per the petition, it is estimated that the total project will: ➢ Create (14) fourteen permanent, full -time and zero (0) permanent, part-time jobs within the first year, representing a new annual payroll of $305,760 upon opening. PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES JITPI KAIN PAMELA C. MEYER CHRIS FIELDING BROCK ZEEB ABATEMENT QUALIFICATION A review of the tax abatements previously granted, finds that the petitioner has been granted or associated with previous abatements. 2. The Building Commissioner has reviewed the petition and finds the property to be properly zoned for the proposed project/ or a variance will be sought by the petitioner. A review of the South Bend Redevelopment designation areas finds that the property is located in the South Side Development Area, 4. A review of the Tax Abatement Ordinance No. 9394 -03 finds that the petitioner meets the qualifications for a (6) six -year real property tax abatement under section 2 -84.2, Real Property Tax Abatement. o nmv mulct 0 0 NOW n n N l0 N N N A O m m V M (O t 0 O ro } N V V N n I W EO C W W O 0 N r V V O e 0 0 p 0 0 e V �I00p0 r NNOn1 N an d Ma O O m m m m vl m u m o Oa �� V .- � O W n M 0 0 0 0 0 I 001 p m N O M p � O M O O M 001 m m m (q N M N M < V N O V N N r N N R 0 0 0 0 r f 0 f D om A v1 v-v e� M e J 05 om�'?oom m o o N b n mvo Z H al o r m m m mNOmu><o 10 .n J O Yp I O O f O M 6 N N m m N O 0 N N N N 0 r 7 O u1 M �- (Cl � �- O m a m^ f 0' O � {O t (O V M �- e U n •(O 41 � o r j o N O O O O h 0000 o n V O C r n m N r N mN m +0.� N p O] W mOOM m N N con V « A V M V �.- W nvw n.-O r } ¢ C6 v 6,6 t0 O Q a v ap0 O YJ p ' y. r x as �I0000 N(Oy.J O O ya M} O Of0"pp1 m m W �f`M')m C Z N n1 n h rn N L N 4 n 10 0 i O O N Q N N < O E .6 ~ r r n n n n U W N O MM �O .- O C -- -.--- O O -0 (N M o t0 V V C). 15 L m x d o N W m > +� C OS C 0000 o aD n.- m N;- 3 U q m y O+S o O W 00 O EMO m n NNE omn NMI d N KI z'o va as <v 01 oon A nnrrrr v 2 x m SL S"In ow '�� C6 C6 C6 m vii Hmm 0 O N Gi N N A NOmi N mf00 C N hMww h m 2 N Q t~ m m m f00 m m m tp M m y W m m m m m m Y 4i VI O O O i 0 > U A NM Zv o e }I c EE 6 y c N Y E °o ro op in H o A j m M o o F U W ? m 6 > O A EL N � w A w � 0 9 a C j O= ry C .. d .0 > E o a K x 0 3 2 A N e rAT A .2 0 1 O 0 O R fU 0 =0O .'2 00 N O 0 a N N x H Y•�(I7? 2 T QA.AqZ A 2 0 C aw « .. ;tl « m2z � U�U 2 A E E LU Um� City of South Bend Petition for Incentives Y Petition must include p $250 filingfee payable to the City Clerk's Office or online via the City's websife at htcp://southbendin.gov /government/ content/ tax - abatement before processing can be complete Is's Legal name as registered with Secretary of JSK DEVELOPMENT INC Bdsinessstructure &CORPORATION Companywebsite WWW,JSKHOTELS.COM 'i Proposed Project Inform ation Proposed project address 122 CALLANDER STREET Parent company name - N/A City, State, Zip SOUTH BEND IN Legal owner IRELAND HOSPITALITY LLC Site acreage or acreage required 3.73 ACRES Is the real estate owned or OWNED Square feet of facility I 15,394 S.F. X 4 FLOORS If leased by whom N/A Prfmary Contact Information Primary company contact name A.J. PATEL Title PRESIDENT Address of company contact 247 DIXIE WAY NORTH Phone 574 - 320 -2784 City, State, Zip I SOUTH BEND IN 46637 Email AJPATEL97 @YAHOO.COM !Senior Official Information Company senior official name A.J. PATEL T'tie PRESIDENT Address of company contact (if different from abore) Phone 574-320-2784 City, State, Zip Email AJPATEL97 @YAHOO.COM Consultant Information/Agent Hired business mnsultant /agent name LANG, FEENEY B ASSOCIATES INC Consultant release(Y)N) Y Address Lon] economic development partners 715 S. MICHIGAN STREET approval City, State, Zip SOUTH BEND IN 46601 Email BERNIE @LANGFEENEY.COM Project Overview Brief description of your 3 EXISTING BUILDINGS ARE TO BE REMOVED ON THIS 3.73 ACRE SITE TO MAKE ROOM FOR CONSTRUCTION company, project, and why the OF FOUR STORY, 81 ROOM HOLIDAY INN EXPRESS. property is necessary for economic growth THIS CONSTRUCTION WILL NOT NEED EXTENSION OF AN INFRASTRUCTURE TO THE SITE TO- CONSIDER IT VIABLE FOR THIS DEVELOPMENT SINCE SEWER, WATER, GAS AND ELECTRIC ARE ALL CURRENTLY AVAILABLE. SITE DEVELOPMENT WILL INCLUDE A SURFACE PARKING LOT CAPABLE OF PROVIDING MORE THAN THE MINIMUM NUMBER OF REQUIRED PARKING SPACES ALONG WITH ADEQUATE DRAINAGE OF THIS FACILITY. RRO "'S THE HOTEL ITSELF WILL CONTAIN STANDARD AMENITIES INC pfgfjJ fEtJ CENTER, INDOOR SWIMMING POOL AND FITNES FACILITIES. ir�'1 9 �R Tr, �I IgCiP. III QUIN 11 2Q15 JOHN VOORDE Certified Technology Park appropriate WA CLERK, H BEND, IN Community Revitalization Enhancement District Certi"at the Building Permit has not been YNOT ISSUED Humber of residential units created by 0 If this is a petition for personal property tax abatement, has the equipment been installed Full-Time Permanent Indiana-Resident Positions by Calendar Year Calendar Year Jobs retained Totalhourly Cumulative# of net NEW full time Hourlyavera¢ewage,w /o Total training Total #tobe we w/o permanentjobs created at project benefits or bonuses, of expenditure- trained -not fringe or cumulative net new jobs not cumulative bonuses cumulative 2015 N/A NIA 2016 14 10.50 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Full time Part time Laborers 9.00 9.00 Technical Managerial 21.60 Administrative 11.50 Who will a the m wi ua rwponst a for coordinating with KEN HERMAN WorkOne on recruiting? Does your company have an EEO hiring policy? YES Are you an EEO employer? VES Please describe your To— the last three years: diversity and inclusion by detailing your Year outreach and recruitment efforts for the last 2D72 2013 2014 three years as well as current polides. Full Time Part Time Full Time Part Time Full Time Part Time filadc 6 2 4 Hispanic 7 3 10 Asian Indian Female 20 5 18 Other Complete below for Real or Personal Property Tax Abatement only. Please sign for all requested incentives. Public Benefit Item: Information is required on both the construction companies and the companies which will provide materials purchased for this project. Please complete the table below with the appropriate information. If you qualify for the points, please enter the full amount of available points. Qualify (Yes or No) Earned Points Available Points 1 Construction Related ICOntraotorsl: A. Employ Local Companies (75 %) Y . 20 20 B. Purchase Materials from Local Companies (75 %) Y 20 20 C. Require Employees vs. Independent Contractors Y 20 19 D. Require Prevailing Wage (Davis Bacon) N 22 E. Require Health Benefits Y 22 22 F. Require Pension Benefits N 18 G. Maintain Affirmative Action Plan Y 20 20 Sub -total Construction Related: 102 141 2 Wage & Benefit Related (owner): A. Pay Target Wage Levels N 33 B. Provide Health Benefits Y 34 34 C. Provide Pension Benefits N 29 D. Provide Training Y 28 28 E. Provide Child Care N 15 F. Provide Transportation Assistance N 14 G. Provide Employer Assisted Housing program N - 9 Sub -total Wage & Benefit Related: .62. 162 3 Workforce Related: A. Create New Jobs Y 42 42 B. Retain Existing Jobs 41 C. Maintain Affirmative Action Plan Y 35 35 D. Provide Targeted Hiring Preference 3,,l 34 Sub -total Workforce Related: If 152 4 Support a Municipal Facility: A Support a SB Municipal Facility (donations to the zoo, conservatory, museum, etc) Y 84 84 Name of Facility DISCOUNT FOR CITY EMPLOYEES Sub -total Municipal Facility: 184 1 84 Sub -total from Above: 1 36-7 1 539 The undersigned ownef(s) of real property, located within the City of South Bend, herby petition the Common Council of the City of South Bend for a real and /or personal property tax abatement consideration and pursuant to I.C., 6- 1.1- 12.1 -1, et seg., and South Bend Municipal Code Sec. 2 -76 et sen.• for this petition state the above. 3 I What is the current assessed value? Real Property: s2%ao0 Personal Property: 0.00 What is the projected assessed value? Real Property: Personal Property: 0.00 What is the tax key numberfor this project? SEE ATTACHED EXHIBIT'A' What is the six digit NAICS code? Please attach a Google map and street view of the location. Please list the a mount of real and personal property taxes paid for the last five years when applicable. Real Property Taxes: Personal Property Taxes: Year One "I"i $ 8 q Year Two 3-6- Year Three jor n tom Year Four car /9r S3 �` Year Five '� 37t tt/8p'` Please fill out the Public Staff Use Only Benefit Summary Information and add to the total from above. Yca N Points Points Public Benefit Item: Project Related: 5 A. Redevelop a Site that has Special Needs L19 49 B. Develop Based on Local University Research 35 C. lAchieve a Physical Element of a Plan 36 Sub -total Project Related: 120 6 Super Size Proiects(point valuesare cumulative(: A. 100% to 199% 25 B. 200% to 299% 68 C. 3009. to 399% 65 D. 400% and Over 52 Sub -total Super Size Projects: 0 210 7 Pay for Municipal Infrastructure: A. Pay for Oversizing or Upgrading 14 B. Pay for 26-50% of Extension Cost 26 C. Pay for 51 -7591 of Extension Cost 39 D. Pay for 76- 100% of Extension Cost 52 Sub -total Infrastructure Related: 0 131 Total from Applicant Section: 3s / 539 Total from Staff Section: SS 461 Total Public Benefit Points: t1 yy / 1000