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HomeMy WebLinkAbout08-26-2024 Community Investment Meeting MinutesOFFICE OF THE CirfY CLERK BIANCA L. TIRADO, CITY CLERK COMMUNITY INVESTMENT Committee Members Present: Committee Members Absent: Others Present: Presenter(s): Agenda: AUGUST 26, 2024 4: 15 P.M. Troy Warner, Rachel Tomas Morgan, Ophelia Gooden Rodgers, Sherry Bolden-Simpson Thomas Gryp, Kaine Kanczuzewski Bianca L. Tirado, Matthew Neal, Samuel Turck, Bob Palmer, Canneth Lee, Sheila Niezgodski , Karen White, Dr. Oliver Davis Mark Bemenderfer Bill No. 24-28 -Confirming Resolution - Personal Property Tax Abatement 1710 North Sheridan Street Members marked with an asterisk (*) are in virtual attendance. Please note the attached link for the meeting recording: https://docs.southbendin.gov/WebLink/browse.aspx?dbid=0&mediaid=382880 Committee Chair Troy Warner called to order the Community Investment Committee meeting at 4:15p.m. Bill No. 24-28 -Confirming Resolution -Personal Property Tax Abatement 1710 North Sheridan Street Mark Bemenderfer, Business Development Manager with offices on the 14th floor of the County- City Building spoke regarding Bill No. 24-28. Hoosier Tank & Manufacturing is at this address, it would allow for the purchasing of new equipment to increase their production. This expansion will create fifteen (15) new jobs. There will be three hundred and twenty thousand, eight hundred and three dollars ($320,803) in new taxes during the first five (5) years of the abatement period. Committee Chair Warner held the public hearing and nobody spoke. Committee Member Gooden Rodgers motioned to send Bill No. 24-28 to the Full Council with a favorable recommendation which was seconded by Committee Member Bolden-Simpson and carried by a vote of four (4) ayes and one (2) Committee Member absent. Uivct Quijada-Navarro Ci IIEI' D1•:PLTY CITY Cu ,RK INTEGRITY I SERVICE I ACC ESS IBILITY Matt hew Neal DEPLTY/ D11u-:cro R OF POI.ICY Samuel T urck D IIU:CTOR OF SPl·:CI.\I. OF PROJl•:crs EXC ELLENCE I ACCOUNTABILITY I IN NOVATION I INCLUSION I EMPOWERMENT 455 County-City Building 1227 W. Jefferson Blvd. I South Bend. Indiana 46601 I p. 574.235.9221 If. 574.235.9173 1 www.southbendin.gov CITY OF SOUTH BEND OFFICE OF TH E CLER K Committee Chair Troy Warner -Aye Committee Vice Chair Rachel Tomas Morgan -Aye Committee Member Ophelia Gooden Rodgers -Aye Committee Member Sherry Bolden-Simpson -Aye Committee Member Kaine Kanczuzewski -Absent Committee Member Thomas Gryp -Absent With no further business, Committee Chair Troy Warner adjourned the Community Investment Committee meeting at 4:20 p.m. Respectfully Submitted, Troy Warner, Committee Chair NOTICE FOR HEARING AND SIGHT IMPAIRED PERSONS Auxiliary Aid or Other Sen-ices ma~· be A,•aib1blc upon Request al No Char!,!C. Plc.isc l,!i,·c Rc:.sonahlc Ath•llntc Rc11ucst when Possible EXCELLENCE ACCOUNTABILITY INNOVATION INCLUSION EMPOWERMENT 455 County-City Building 227 W. Jefferson Blvd. South Bend, Indiana 46601 p. 574.235.9221 f. 574.235.9173 www.southbendin.gov