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HomeMy WebLinkAboutNo. 1340 approving an application for real property tax deduction (Design Packaging, Inc., SE corner of Bronson St. and Lafayette Blvd.)0 RESOLUTION NO. 1340 E A RESOLUTION APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION WHEREAS, I. C. 6- 1.1- 12.1 -20) provides that an application for property tax deduction may not be approved when the property is located in an allocation area as defined in I.C. 36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation area adopts a resolution approving that application; and WHEREAS, the South Bend Common Council has received a petition for ten years of real property tax abatement consideration from the South Bend Redevelopment Commission on behalf of Design Packaging, Inc. for real property located at the southeast corner of Bronson Street and Lafayette Blvd. between Bronson Street and Tutt Street in the Sample -Ewing Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Sample -Ewing Development Area by Resolution No. 1222, adopted February 4, 1994, and in the same resolution declared the Sample - Ewing Development Area, Allocation Area No. 8; and WHEREAS, the property located at the southeast corner of Bronson Street and Lafayette Blvd. between Bronson Street and Tutt Street is located within the Sample -Ewing Development Area, Allocation Area No. 8; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from the South Bend Redevelopment Commission on behalf of Design Packaging, Inc. for ten years of real property tax abatement consideration for property located at the southeast corner of Bronson Street and Lafayette Blvd. between Bronson Street and Tutt Street in the Sample -Ewing Development Area, Allocation Area No. 8, is hereby approved. 2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate the Commission's approval of the petition for real property tax abatement for the South Bend Redevelopment Commission on behalf of Design Packaging, Inc. Approved this 21st day of April 1995, at the regularly scheduled meeting of the South Bend Redevelopment Commission. ATTEST: Robert W. Hunt, Secretary ML:Res1340 SOUTH BEND REDEVELOPMENT COMMISSION �; President s I ELM i i Indiana Land Title. Survey SUAVEr ORDERED Br. DEPARTMENT OF ECONOMIC DEVELOPMENT SI1AVEr DATED: August 25, 1992 PROJECT NO.. 882090, Disposition Parcel',. 11 LEGAL DESCRIPTION PARCEL "A" That part of the Southwest Quartet. of Section 12 Township 37 North, Range 2 East, Portage Township, City of South Send, St- Joseph County, Indiana which is described as: Tract 2 of the Plat of ' Studebaker Corporation Replat • as Recorded in Plat Book f 11, page 1 184 the records of the St. Joseph County, Indiana Recorders Office and being more particularly described as; Beginning at the Southeast Corner of Tract 2 of the Plat of • Studebaker Corporation Replat as Recorded in Plat Book 1"11, page 1 184 t�e records of the St. Joseph County, Indiana Recorder's Office; thence S. 89 - 48' -24" W. along the south line of said Tract and the north right -of -way line of Tutt Street, 172.63 ft. (Record S. 89 - 50' -22" W., 172.44 ft.) to the west line of said Tract and the east right -of -way line of Lafayette Blvd.; thence H. 000- 10' -41' W. along said right -of -way line, 763.22 ft. (Record, N. 00 - 12' -10" W., 764.97 ft.) to the north line. of said Tract and the south right -of -way line of Bronson Street; thence. S. 89 - 10' -55' E. along said right -of -way line, 172.26 ft. (Record, S. §9 - 57' -10" E., 172.38 ft.) 'to the northeast corner of said Tract; thane S. -GO - 12' -29' E. along the east line of said Tr ad 7fi2.18 ft. (Record S. 00 12' -28' E., 764.35 ft.) to the Point of Beginning, Containing 3.0231 Acres or 131,687 Square feet. Subject to all Legal Highways, Easements and Restrictions of Record s Peirce E. Associates, Inc. Land Surveyors 6 Professional Engineers y 3231 Sugar Maple C;,, South Bend. Indiana 46628 21191231 -1003 f _-oo r 10 Proposal Documents 2/ 2 6103194 TO: FROM: W C City of South Bend Joseph E. Kernan. Mavor Community & Economic Development Jon R. Hunt Ann E. Kolata Executive Director Deputy Executive Director MEMORANDUM THE SOUTH BEND REDEVELOPMENT COMMISSION DEPT. OF COMMUNITY & ECONOMIC DEVELOPMENT - MICHAEL BEITZINGER SUBJECT: REAL PROPERTY TAX ABATEMENT PETITION FOR: r SOUTH BEND REDEVELOPMENT COMMISSION ON BEHALF OF: DESIGN PACKAGING, INC. PARCEL NO. 1, SOUTHEAST CORNER OF t BRONSON STREET AND LAFAYETTE BOULEVARD i DATE: APRIL 18, 1995 On April 18, 1995, petitions for tax abatement consideration for real and personal property located at the southeast corner of Bronson Street and Lafayette Boulevard were filed with the City Clerk by the South Bend Redevelopment Commission on behalf of Design Packaging, Inc. Pursuant to Chapter 2, Article 6, Section 2 -77 of the Municipal Code of the City of South Bend, the petitions were referred to the Department of Community and Economic Development 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 -1 and whether all zoning requirements have been met. The Department of Community and Economic Development has reviewed the petitions (copies of which are attached), investigated the area and makes the following report. PROJECT DESCRIPTION Design Packaging proposes to build a new 42,000 sft. manufacturing facility on 3.1 acres of land located at the southeast corner of Bronson Street and Lafayette Boulevard, which is the location of the former Transwestern Building. Design Packaging designs and manufacturers corrugated packaging products. The new building will house the main offices, manufacturing, warehousing and distribution operations. The total cost of the new building is estimated at $950,000. In addition new machinery and equipment used in the manufacturing process will be brought in at an estimated cost of $175,000. 1200 County -City Building • South Bend, Indiana 46601.219/235 -9371 • Fax (219) 235 -9021 • TDD (219) 235 -5567 Redevelopment Business Assistance Bureau of Housing Financial & Program Planning & Ann E. Kolata & Development Kathryn Baumgartner Management Neighborhood Development 235 -9371 Donald E. Inks 521 Eclipse Place Elizabeth Leonard Pamela C. Meyer 235 -9335 235 -9475 235 -9335 235 -9660 Fax: 235 -9469 Fax: 235 -9697 Aft Redevelopment Commission Design Packaging, Inc. April 18, 1995 Page 2 U While it is unknown at this time the number of jobs this project will create, the petitioner has indicated that one of the precipitating factors in choosing the location in question is to try to maximize the employment opportunities for the minorities in the area. The project will also maintain twenty -six (26) permanent full time and no part time jobs representing an annual payroll of $572,000. REPORT SUMMARY 1. The petitioner has not been granted any previous tax abatement consideration. 2. The Building Commissioner has reviewed the project and has found it to be properly zoned for the proposed use. I 3. The property is located in an area presently designated as a Tax Abatement Impact Area by the South Bend Common Council. 4. The property is also located in the Sample /Ewing Development Area which is a Tax Incremental Financing Allocation Area, therefore, the petitions for ten years of real property abatement and the petition for five years of personal property abatement first require the approval of the South Bend Redevelopment Commission. 5. A review of the Tax Abatement Ordinance (no. 8065 -90) finds that the petitioner meets the qualifications for a ten (10) year real property tax abatement under Section 2 -82.1, (Industrial Development in the Urban Enterprise Zone and Redevelopment Blighted Areas) and meets the qualifications for a five (5) year personal property tax abatement under section 2 -84.2 (Tangible Personal Property Tax Abatement).