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HomeMy WebLinkAboutAmending Provisions within Chapter 2 Tax Abatement Procedures ' V ' . ORDINANCE No. 8095-90 Passed by the Common Council of the City of South Bend, Indiana June 25, r9 90 Attest: City Clerk IRENE K. GAMMON Attest: President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana _ June 26, 90 I9 City Clerk IRENE K. GAMMON Approved and signed by me July 3 �9 9 0 /'�- Mayor Ordinance No. F095-g0 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING PROVISIONS WITHIN CHAPTER 2, ARTICLE 6, COMMONLY REFERRED TO AS TAX ABATEMENT PROCEDURES. STATEMENT OF PURPOSE AND INTENT On February 12, 1990, the South Bend Common Council passed Ordinance No. 8065-90 which revised the local tax abatement procedures. That ordinance incorporated the results of months of study and discussion by the Human Resources and Economic Development Committee into a 24-page law. The following bill incorporates three (3) amendments,the first two (2) would clarify the specific procedures previously passed, and the last one incorporates a new provision of state law. It's believed that this bill is in the best interest of the City of South Bend, Indiana. NOW, THEREFORE, BE IT ORDAINED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, as follows: SECTION I. Chapter 2, Article 6, Section 2-76.1 (a) (15) of the Municipal Code of the City of South Bend, Indiana, as hereby amended to read as follows: (15) "New manufacturing equipment" shall mean tangible personal property which was: (I) installed during the period beginning January 1, 1982, and ending February 28, 1983, in an urban development area declared before March 1, 1983 ; or installed during the period beginning March 1, 1983, and ending December 31, 1991; 1993 , in an area that is declared an economic revitalization area after February 28, 1983, in which a deduction for tangible personal property is allowed; (II) is used in the direct production, manufacture, fabrication, assembly, extraction, mining, processing, refining, or finishing of other tangible personal property; and (III) was acquired by its owner for use as described in subdivision II and was never before used by its owner for any purpose in Indiana. SECTION II. Chapter 2, Article 6, Section 2-77 (d) of the Municipal Code of the City of South Bend, Indiana, is hereby amended to read as follows: Sec. 2-77 Multi-Family Real Property Tax Abatement. (d) Ten-Year General Standards: (1) New Construction: Proposed multi-family developments which incorporate new construction of (2) Rehabilitation: Proposed multi-family developments which incorporate rehabilitation of not less than $500,000 in hard-dollar costs, which are to be located in the NRA7 EDTA, and which specify or guarantee that for the duration of the abatement not less than twenty percent (20%) of its units available for use by low and moderate income individuals or families may be considered for ten-year real property tax abatement. SECTION III. Chapter 2, Article 6, Section 2-83.2 of the Municipal Code of the City of South Bend, Indiana, is hereby amended by the inclusion of new paragraph (d) which shall read as follows: (d) The City Clerk's Office shall notify ETS of all real property tax abatements granted subject to the ETS requirement addressed in this section by sending them a copy of the form completed by the Petitioner. SECTION IV. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Member of re Common Council 1st READING 6.-//- qo Filed in Clerk's Office PUBLIC HEARING (O- 3rd READING (p of 7'90 JUN NOT APPROVED REFERRED ::i City of South Bend, Indiana Employment Training Services Form Pursuant to Section 2-83.2 of the South Bend Municipal Code, the petitioner referred to herein agrees to work with the Employment Training Services (ETS) , 115 North William Street, South Bend, Indiana, 46601, as a condition of receiving real property tax abatement. Petitioner's Name Contact Person Street Address City, State, Zip Code Business Telephone Number Signature of Petitioner cc: Employment Training Services Chairperson, Human Resources and Economic Development Committee Department of Economic Development City Clerk's Office City of South Bend /soul N.... '�!I Common Council /l County-City Building • South Bend, Indiana 46601 `T (219) 284-9321 June 6, 1990 Members of the Common Council 4th Floor Thomas Zakrzewski County-City Building President South Bend, Indiana 46601 Loretta Duda Re: Tax Abatement Amendments Vice-President Sean Coleman Dear Council Members:Co Chairman.of the who a mmittee The attached bill would make three changes to Ordinance No. 8065-90 which was passed by the Common Council on February 12th of this year. Stephen Luecke The first amendment incorporates the new state law First District extending abatement for new manufacturing equipment through December 31, 1993. The second Donald Niezgodski amendment corrects the ten-year real property tax Second District abatement procedure for multi-family requests by William Soderberg requiring that they be within an economic Third District development target area as opposed to a neighborhood revitalization area. The last Ann Puzzello amendment incorporates a process of notifying the Fourth District Employment Training Services of real property tax abatements granted subject to working with the Linas Slavinskas ETS. It is anticipated that a form will be Fifth District developed which the Clerk's Office would routinely Thomas Zakrzewski send in all such instances to ETS. Sixth District Your favorable consideration of this ordinance Sean Coleman would be greatly appreciated. Thank-you. At Large Sincerely, Loretta Duda At Large John Voorde Ste. en Luecke At Large Chairperson Human Resources and Economic Development Committee Kathleen Cekanski-Farrand Council Attorney O1 nlnintlitt 'Evart a!u the 11nnnnan Mound" of tie flttg of 0.an0 pnd: Your Committee of the Whole to whom was referred BILL NO. 43-90 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING PROVISIONS WITHIN CHAPTER 2, ARTICLE 6, COMMONLY REFERRED TO AS TAX ABATEMENT PROCEDURES. Respectfully report that they have examined the matter and that in their opinion This bill should be recommended to the Council favorable. Chairman Sean Coleman FREE PRESS PUBLISHING Co.