01-12-09 Common Council Minutes - Laserfiche WebLink

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REGULAR MEETING JANUARY 12, 2009 SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Derek D. Dieter Member of the Common Council Mr. Ty Scopel, Vice President & General Manager, Fortis Plastics, LLC., 2965 LaVanture Place, Elkhart, Indiana, made the presentation for these bills. Mr. Scopel advised that Fortis Plastics and AIC Ventures are proposing to renovate and equip an approximate 92,250 square foot building for the manufacture of plastic components used in a variety of industrial and consumer applications. The building has been vacant over one year. It is owned by AIC Ventures and will be leased to Fortis Plastics. Fortis uses both injection molding and extrusion production systems to produce its plastic products. The company is weighing the consolidation of its existing Elkhart operations to South Bend or to Henderson, Kentucky. The South Bend site requires renovation of the building and installation of equipment. The renovation includes the installation of docks, office build out/remodeling, new sprinkler system installation, electrical upgrades, HVAC improvements and reception area build out. The equipment to be purchased includes new and used plastic injection mold machines and extruders, computers, IT infrastructure and servers. The used equipment would be acquired from outside the State of Indiana. He stated that the total cost of the renovation is estimated at $1,277,000 and the equipment is estimated at $2,218,900. A Public Hearing was held on these Resolutions at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to these Resolutions. Councilmember Rouse made a motion to adopt Bill No. 09-02. Councilmember LaFountain seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. Councilmember Oliver Davis made a motion to adopt Bill No. 09-03. Councilmember Varner seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. RESOLUTION NO. 3938-09 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1728 NORTH IRONWOOD DRIVE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE-YEAR REAL PROPERTY TAX ABATEMENT FOR ROBERT R. LEE (C.E.LEE COMPANY, INC.) WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 1728 North Ironwood Drive, South Bend, Indiana, and which is more particularly described as follows: 17