HomeMy WebLinkAbout05-09-94 Community & Economic Development smatrammel
COMM Mu Ztport:
Community and Economic Development Committee
to the common COUItuUY Of Ott 1 ttt of fo ut1j *Stab':
The May 9, 1994 meeting of the Community and Economic Development
Committee was called to order by its Chairperson Council member, Roland Kelly at 4:30
P.M.in the Council informal meeting room.
Persons in attendance included Council Members: Kelly, Coleman, Luecke,
Washington,Duda, Ladewski, Puzzello, and Zakrzew ski; Ken Fedder, Pam Meyer, Mike
Beitzinger,Richard Allen,Don Porter,Ernest Szarwark, and Kathleen Cekanski-Farrand.
Council Member noted that the first item to be reviewed was substitute Bill No. 47-
94 which would authorize the City to issue multi-family housing revenue refunding bonds
(copy attached). Mr. Fedder made the presentation. He noted that the Economic
Development Commission sends it with a favorable recommendation. The maturity date on
the bonds would be the year 2018. In response to a question raised by Council Member
Washington,it was noted that the savings on refunding the bonds would be substantial.
Following discussion, Council member Ladewski made a motion, seconded by
Council Member Luecke that substitute Bill No. 47-94 be recommended favorably to
Council.The motion passed.
The Committee then reviewed Resolution No. 94-41 which is a ten year Real
Property Tax Abatement request for Richard Allen for the property located on the North
East corner of Main and Broadway. Mr. Mike Beitzinger reviewed the report from the
Community and Economic Development Department dated April 13, 1994(copy attached)
recommends adoption of the proposed Resolution since the petitioner meets all of the
criteria.
Mr. Richard Allen, the petitioner, then made a further presentation. He noted that
the incentive to locate the business here was because of the Tax Abatement. He noted that
he grew up in South Bend but currently lives in California. He noted that the building he is
proposing is a "Spec" building which will be built in two phases. Council Member
Coleman spoke in favor of the program. Council Member Kelly also spoke in favor of the
program.
Following discussion, Council Member Luecke made a motion, seconded by
Council Member Ladewski, that Resolution No. 94-41 be recommended favorably to
Council.The motion passed.
The Committee then reviewed Resolution No. 94-42 which is a Real Property Tax
Abatement request for Manufacturing Technology Inc. and Resolution No. 94-43 which is
a Personal Property Tax Abatement request for Manufacturing Technology Inc., both of
which would be located at 1702 West Washington Street.
Mr. Ernest Szarwark made the presentation. He noted that he is withdrawing the
Real Property Tax Abatement request (Resolution No. 94-42). Mr. Beitzinger noted that
the petitioner meets all of the requirements for a'five year Personal Property Tax
Abatement.
Committee Report
Community and Economic Development
May 9 1994
Page 2
Following discussion, Council Member Ladewski made a motion, seconded by
Council Member Luecke, that Resolution No. 94-43 be recommended favorably to
Council.The motion passed.
The Committee the reviewed Resolution No. 94-44 which would authorize the
Mayor to submit to the Department of Commerce an application for a Planning Assistance
r sentation. She noted that the
Pam Meyer made the presentation.P
Federal Government.from the Fede Y
City is seeking a Planning Grant in the amount of$37,500.00 which would be matched by
$12,500.00 of Planning and Engineering Staff salary cost.
motion, seconded b
' n Council Member Luecke made a by
discussion,di ,
Council Member Ladewski that Resolution 94-44 be recommended favorably to Council.
The motion passed.
There being no further business to come before the Committee, the meeting was
adjourned at 5:00 P.M.
Respectfully submitted,
Council Member Roland Kelly, Chairperson
Community and Economic Development
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