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HomeMy WebLinkAbout07-28-97 Community & Economic Development670W i✓!'i&4tw 916ot -&- Community and Economic Development Committee 9�- d�& &MM4001 &"Cd Oltlfel aoP VrJ&fft4 OM& The July 28, 1997 meeting of the Community and Economic Development Committee was called to order by its Chairperson, Council Member John Broden at 4:30 p.m. in the Council informal meeting room. Persons in attendance included Council Members: Kelly, Aranowski, Pfeifer, Broden, Varner, Udjak, Coleman, Hosinski, Sniadecki; Terry Bland, Dave Coker, Jerry Christianson, Don Inks, Jerry Lehrman, Sue Hodgson, Mike Beitzinger, Phil Faccenda, Ann Bockenkamp, and Kathleen Cekanski- Farrand. Councilmember Broden noted that the first item on the agenda was to review Resolution No. 97 -57 which is a five year personal property tax abatement request for the property located at 5021 F.J. Nimtz Parkway for Midwest Land Company.. He recommended that it be heard with Bill No. 97 -58 which is a 10 year real property tax abatement request for the same property location and same petitioner. Mr. Mike Beitzinger made the presentation on the behalf of Midwest Land Company doing business as Bowne and Co. Inc. It was noted that manufacturing facility would take place on 11.2 acres in the Blackthorn development area. The building would be 120,000 sq. ft. to house a financial and commercial printing facility. The estimated cost of equipment would be 20 million dollars with a total project cost of 24 million dollars. 200 new permanent jobs would be created within the first year with an annual payroll of 8 million dollars. Mr. Phil Faccenda the attorney for the petitioner made a further presentation. He introduced Mr. Jerry Christianson who noted that the location is ideal for the printing and financial business since it is centrally located In response to a question raised by Council Member Pfeifer it was noted that the company hires individuals based on skill and ability. Council Member Coleman spoke in favor of the proposed tax abatements. Following discussion, Council Member Coleman made a motion seconded by citizen member Sue Hodgson that Bill Nos. 97 -57 and 97 -58 be recommended favorably to Council. The motion passed Council Member Uj dak noted that the height and area be corrected in the petition. Council Member Broden thanked the petitioner for bringing the facility to the city of South Bend. The Committee then reviewed Resolution No. 97 -60 which is a five year real property residential tax abatement request for Neighborhood Housing Services for property located at 1113 and 1121 Bissell St. Mr. Mike Beitzinger made the presentation on behalf of the community and the Community and Economic Development Department. He noted that the petitioner qualifies for the residential tax abatement and the cost for each new home would be between 68,000 to 70,000 for a total project cost of 136,000 (report attached). Community and Economic Development Committee July 28, 1997 Page 2 Ann Bockenkamp made a further presentation. She provided a pictorial review of the area in question. She stated that new standards for behavior in development are being proposed. She noted that the tax abatement would assist the overall project in receiving federal funds. In response to a question made by Council Member Aranowski it was noted that education of the tax abatement filing requirements is a component part of the overall program. Council Member Coleman spoke in favor of the proposed tax abatement. Following discussion, Council Member Coleman made a motion seconded by citizen member Sue Hogdson that Resolution No. 97 -60 be recommended favorably to Council. The motion passed. Then Committee then reviewed Resolution No. 97 -61 which is a five year personal tax abatement request for Steel Warehouse Co. Inc. for property located at 2722 Tucker Dr.. Council Member Broden noted that this Resolution and Resolution 97 -62 which is a 10 year real property tax abatement request for the same petitioner in the same property location be heard together. Mr. Mike Beitzinger reviewed the report dated July 15, 1997 from the Community and Economic Development department. The report noted that the project calls for construction of approximately 100,000 sq. ft. of building additions and additional manufacturing, warehousing and related space to be added to the comany's current facilities. Total construction cost is between 1.4 and 2.3 million dollars. Five new permanent jobs would be added to the payroll. The request metes all tax abatement requirement (report attached). Mr. Jerry Lehrman the attorney for the petitioner made a further presentation. He noted that currently there are 393 employees in the company. The company manufactures high quality steel which require high tolerance levels which require the upgrading of the equipment and additional facilities. In response to a question raised by Council Member Pfeifer it is noted that there are two women in management positions currently. Council Member Coleman spoke in favor of both proposed resolutions. Following discussion, Council Member Coleman made a motion seconded by citizen member Sue Hodgson that Resolution No.s 96-61 and 97-62 be recommended favorably to Council. The motion passed. The Committee then reviewed Resolution No. 97 -63 which is a five year real property residential tax abatement request for Dave and Lois Coker for property located on North Summit Dr. and Windfall Dr.. Mr. Mike Beitzinger reviewed the report dated July 21, 1997 (copy attached) which noted that each new home is estimated to cost between 70 and 80 thousand dollars for a total project cost of 375,000. The petitioner satisfies the requirements of the tax abatement law. Mr. Dave Coker made a further presentation. Mr. Coker stated that the area in question is north of Washington High School. The tax abatement is needed in order to compete competitively with regard to real estate taxes. Community and Economic Development Committee July 28, 1997 Page 3 Following discussion Council Member Coleman made a motion seconded by citizen member Sue Hodgson that Resolution No. 97 -63 be recommended favorably. The motion passed. Council Member Broden then called upon Don Inks to give an update on the New Energy Company of Indiana. Mr. Inks provided a two page summary detailing the history and benefits in a handout (copy attached). Following discussion, the meeting was adjourned a 5:32 p.m. Respectfully submitted, Council Member John Broden Chairperson Community and Economic Development Committee Attachments