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HomeMy WebLinkAbout05-26-87 Human Resources & Economic Development (llnntmntfuu Erpurt HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE tin the Gammon QIounrl of the (Ong of Etouth Irnb: The May 26, 1987 meeting of the Human Resources and Economic Development Committee was called to order by its Chairman, Councilman Eugenia Braboy, at 4: 45 p.m. in the Council informal meeting room. Persons in attendance included: Councilmen Serge, Braboy, Beck, Puzzello, Taylor, Zakrzewski, Voorde and Barcome; Richard L. Parker , Hedi Robinson, Don Inks, Carol Sanders , Eugenia Schwartz , Ernest J. Szarwark , members of the news media and Kathleen Cekanski-Farrand. Councilman Braboy noted that there were several items on the agenda for review and recommendation by the Committee. The Committee then reviewed Resolution No. 87-48 which was a resolution requesting real property tax abatement for that property located at 601 West Broadway . Street and Resolution No. 87-49 which was a personal property tax abatement for the • property located at 601 West Broadway Street . Hedi Robinson of the Department of Redevelopment then reviewed the report (copy attached). Mr. Ernest Szarwark of the • Barnes and Thornburg law firm then briefly reviewed the two (2) proposed resolutions.. He indicated that Allied Products Corporation has been in this area since 1964 and that since moving here they have had a history of investing in the City. He further indicated that at least thirty (30) jobs would be saved. with an annual payroll of $600 , 000. Councilman Braboy complimented Allied Products Corporation on remaining in South Bend , improving their facility and investing in our City. Councilman Serge stated that we need to retain jobs within the South Bend area. Following discussion, Councilman Serge made a motion, seconded by Councilman Puzzello, that Resolutions No. 87-48 and No. 87-49 be recommended favorably to Council. The motion passed. The Committee then reviewed Bill No. 45-87 which would appropriate $1 , 638 ,455.05 from the UDAG Fund for the purpose of . assisting in the continuing development and operation of a downtown office facility. Don Inks reviewed the proposed bill with the Committee. He indicated that this would close the project on the HUD funds. Minutes/Human Resources and Economic Development Committee May 26, 1987 Page 2 Following discussion by the Committee, Councilman Beck made a motion, seconded by Councilman Taylor , that Bill No. 45-87 be recommended favorably to Council. The motion passed. Eugenia Schwartz then reviewed Resolution No. 87-51 which would designate the South Bend central development area to be a blighted area for purposes of complying with the Tax Reform Act of 1986 and Resolution No. 87-52 which would designate the South Bend central development area to be blighted for purposes of complying with the Tax Reform Act for 1986. The first resolution would deal directly with the South Bend central development area and the second resolution would deal specifically with the Studebaker corridor development area. It was noted that there were certain findings of fact and findings of blight which were a technical requirement of the new Federal law which took effect . She further indicated that Mr. Jon Hunt would be presenting the resolutions at tonight ' s meeting of the Common Council . There being no further business to come before the Committee, the meeting was adjourned at 5 :05 p.m. Respectfully submitted , Councilman Eugenia Braboy , Chairman