HomeMy WebLinkAbout10-09-2023 Community Investment..• <pmr.e.e
OFFICE OF THE CITY CLERK
D AWN M. JONES, CIT Y CLERK
COMMUNITY INVESTMENT
Committee Members Present:
Committee Members Absent:
Presenters:
Agenda:
OCTOBER 9, 2023, 4:30 P.M.
Rachel Tomas Morgan, Troy Warner, Eli Wax,
Henry Davis Jr.
Thomas Kurzhal, Kaine Kanczuzewski
Eric Glavitch, Jordan Richardson
Bill No. 23-60 -A Resolution Confirming a Vacant
Building Tax Abatement for Property Bros LLC
Bill No. 23-61 -A Resolution Confirming an Eight-
Year Real Property Tax Abatement for 542 N. Scott
St. and 530 Cottage Grove Ave.
Members marked with an asterisk (*) are present digitally
Please note the attached link for the meeting recording:
https://docs.southbendin.gov/WebLink/browse.aspx?dbid=0&mediaid=371539
Committee Chair Rachel Tomas Morgan called to order the Community Investment Committee
meeting at 4:30 p.m.
Bill No. 23-60 -A Resolution Confirming a Vacant Building Tax Abatement for Property
Bros LLC and Bill No. 23-61 -A Resolution Confirming an Eight-Year Real Property Tax
Abatement for 542 N. Scott St. and 530 Cottage Grove Ave.
Committee Vice-Chair Warner motioned to hear Bill No. 23-60 and Bill No. 23-61 together,
seconded by Committee member Wax, and carried by a vote of four (4) ayes, with two (2)
committee members absent.
Committee Chair Rachel Tomas Morgan -Aye Committee Vice-Chair Troy Warner -Aye
Committee Member Eli Wax -Aye Committee Member Henry Davis -Aye
Citizen Member Thomas Kurzhal -Absent Citizen Member Kaine Kanczuzewski -Absent
Eric Glavich, Director, Growth and Opportunity with offices on the fourteenth (14th) floor of the
County-City building, noted that this is for a small local development company in South Bend.
For Bill No. 23-61 , the intent is to refurbish the buildings that have been vacant for some time. For
Bill No. 23-60, it is to create a new building. These projects will allow for a minimum of seven
EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION I EMPOWERMENT
455 County-City Building 227W Jefferson Bvld South Bend. Indiana 46601 p 574.235.9221 f 574.235.9173 TTD574.235.5567 www.southbendin.gov
CITY OF SOUTH BEND OFFICE OF THE CLERK
new apartment units in South Bend. The total private investment is $930,000. An employee will
be managing the buildings once they are complete. The annual taxes on these current properties
are $3,000 and the developments will allow an increase to the taxes paid. Jordan Richardson, the
petitioner, noted that he is very excited about developing these properties.
Committee Chair Tomas Morgan held the public hearing, and nobody spoke.
Committee Vice-Chair Warner motioned to send Bill No. 23-60 to the full Council with a favorable
recommendation, seconded by Committee Chair Tomas Morgan, and carried by a vote of four (4)
ayes, with two (2) committee members absent.
Committee Chair Rachel Tomas Morgan -Aye Committee Vice-Chair Troy Warner -Aye
Committee Member Eli Wax -Aye Committee Member Henry Davis -Aye
Citizen Member Thomas Kurzhal -Absent Citizen Member Kaine Kanczuzewski -Absent
Committee Vice-Chair Warner motioned to send Bill No. 23-61 to the full Council with a favorable
recommendation, seconded by Committee member Wax, and carried by a vote of four (4) ayes,
with two (2) committee members absent.
Committee Chair Rachel Tomas Morgan -Aye Committee Vice-Chair Troy Warner -Aye
Committee Member Eli Wax -Aye Committee Member Henry Davis -Aye
Citizen Member Thomas Kurzhal -Absent Citizen Member Kaine Kanczuzewski -Absent
With no further business, Committee Chair Tomas Morgan adjourned the Community Investment
Committee meeting at 4:45 p.m.
Respectfully Submitted,
Rachel Tomas Morgan, Committee Chair
NOTICE FOR HEARING ANO SIGHT fl\'IPAIRED PERSONS
Auxiliary Aid or Other Services may be Available upon Rcc1ucst at No Charge.
Please i.:h'C Reasonable Advance Rcqucsl when Possible
EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION I EMPOWERMENT
455 County-City Building 227 W. Jefferson Bvld South Bend. Indiana 46601 p 574.235.9221 f 574.235.9173 TTDS74.235.5567 www.southbendin.gov
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