HomeMy WebLinkAbout09-10-01 Community & Economic Development Committ z .wort:
tommuniti an Qtonomir kki iopmeitt Committee
The September 10, 2001 meeting of the Community & Economic Development Committee was
called to order by its Chairperson, Council Member Roland Kelly at 5:12 p.m. in the Council
Informal Meeting Room.
Persons in attendance included Council Members Coleman, Varner, White, Pfeifer, Kirsits, and
Kelly; Gerald F. Lerman, Michael Beitzinger, Terry Bland of the §oltUj ifittt4 tribunt and
Kathy Cekanski Farrand, Council Attorney.
Council Member Kelly noted that two (2) proposed resolutions would be heard together namely:
Bill No. 01-73 which is a five(5) year personal property tax abatement request of Steel Warehouse
Company, Inc. and Bill No. 01-74 which is a ten (10) year real property tax abatement request for
Steel Warehouse Co., Inc. Nathan Lerman Trust and A & F Realty Company, for the property
located at 2722 Tucker Drive.
Michael Beitinger, Assistant Director of the Economic Development Division of the Department of
Community and Economic Development reviewed his August 31, 2001 report (copy attached).
The petitioner is a steel service center specializing in flat rolled, low carbon steel. They plan to
build an addition of 40,000 square foot for expanded manufacturing, warehousing and related uses
with a
proposed ed con t r
ucti
on cost of
$ 1.1 million. New manufacturing rin equipment p m
e
nt is proposed for the processing and handling steel and st eel products at an estimated of
$4.5 million.
Ten (10) new permanent full-time jobs would be created and 450 existing permanent full-time and
part-time jobs would be created. The report concluded that the petitioner meets the applicable
provisions of the South Bend Municipal Code for the requested abatements.
Mr. Gerald F. Lerman, Vice-President of Steelware House, Inc. made the presentation. Mr.
Lerman noted that despite the current state of the economy, that they would like to add to its
product line and thereby increase its utilization of its existing manufacturing equipment and
facilities.
Upon a proper motion being made and seconded Bill Nos. 01-73 and 01-74 were recommended
favorably to Council. The motion passed.
There being no further business to come before the Committee, the meeting was adjourned at 5:20
p.m.
Respectfully submitted,
Council Member Roland Kelly, Chairperson
Community and Economic Development Committee
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