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HomeMy WebLinkAbout05-22-89 Human Resources & Economic Development flowsulat $rpurl HUMAN RESOURCES AND ECONOMIC DEVELOPMENT COMMITTEE tit Gammon &until of tip ding Df$9th Snit The May 22, 1989 meeting of the Human Resources and Economic Development Committee was called to order by its Chair Person Council Member Steve Luecke at 4:40 p.m. in the Council informal meeting room. Persons in attendance included Council Members: Luecke, Zakrzewski, Niezgodski, Soderberg, Puzzello, Slavinskas, Voorde, Duda, and Coleman; Hedy Robinson, Mr. Don Best, Margo Doyle, James Wensits, and Kathleen Cekanski-Farrand. The Committee initially discussed procedures relative to a declaratory resolution and a confirming resolution with regard to real and personal property tax abatement. Council Member Steve Luecke noted that in two instances the Council has held off on the confirming resolution. The first involved the JMS Building annex where legal services was to be the primary tenant, however, has declined moving to the building as of this date. It is Council Member Luecke's understanding that the confirming resolution will be withdrawn at a later point in time. The second instance involves the old Penney's building and the tenant use of that building. Council Member Luecke then noted that Resolution No. 89-48 which is a tax abatement petition filed by the South Bend Redevelopment Commission on behalf of Niles/Washington Associates for the property located at 115 North Niles Avenue is requested to be continued for an indefinite period of time. The Committee then reviewed Resolution No. 89-40 which is a tax abatement petition filed by the Industrial Foundation, Inc. on behalf of Capital Associates, XVII for the property located at 3600 McGill Street. Hedy Robinson then reviewed the report. It was noted for the record that there are two reports from the Department of Economic Development those dated May 12, 1989 and May 18, 1989 (copy attached) . It was also read into the record by Mr. Don Best that the amount of taxes to be abated according to his calculations would be $126,296. 00 and the amount of taxes to be paid would be $88,981. 00. These figures are different than the revised figures included in the report of May 18, 1989 by the Department of Economic Development. Mr. Don Best showed architectural renderings of the proposed facility. He noted that the overall effect would be keeping a South Bend company here in South Bend. The proposed 211 W. Washington, Suite 2120, South berm, IN. 400vi c) The tenant most seriously interested in leasing space is in the aoaarel industry. The other tenants operations will fall Human R2„sources and Economic Development Committee May 22, 89 Page2 tenant has signed a lease which reflects the tax abatement requested. He noted that the tenant began in 1981 with four employees utilizing approximately 1, 000 square feet. Today the proposed tenant has 36 employees and is utilizing 10, 000 square feet and is in need of more space. He noted that there is an option to purchase the building in six years. Council Member Slavinskas commented that he questioned the utilization of tax abatement to attract businesses to the airport industrial park. He noted that he does not have specific concerns with regard to the petition before the committee, however, believed that tax abatement would be a double-edged sword and believes that the policy needs to be reconsidered. Mr. Don Best stated that if the buildings were torn down in the Studebaker Corridor that that area would be an ideal location. He further noted that the parcel of land involved in the tax abatement petition is the last one available in the Airport Industrial Park, therefore, there would not be competition between the Studebaker Corridor and the Airport Industrial Park. Following further discussion Council Member Zakrzewski made a motion seconded by Council Member Puzzello that Resolution No. 89-40 be recommended favorably to Council. The motion passed. There being no further business to come before the Committee, the meeting was adjourned at 5: 05 p.m. Respectfully submitted, Council Member Steve Luecke, Chair Person Human Resources and Economic Development Committee SL:srk Attachment 211 W. Washington, Suite 2120, South bena, 1B. iiaovr c) The tenant most seriously interested in leasing space is in the apparel industry. The other tenants operations will fall