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Home My WebLink AboutApproving & Establishing an Economic Development Target Area (Hill and Colfax Streets)ORDINANCE No. 10297 -14 Passed by the Common Council of the City of South Bend, Indiana Attest: Attest: Presented by me to the Mayor March 10, 20 14 City of South Bend, Indiana March 11, 20 14 City Clerk President of Common Council Approved and signed by me /44" � µ 11 20 / q I City Clerk BILL NO. T -1 ORDINANCE NO. 0 M 7 - AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROVING A RESOLUTION OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION AND ESTABLISHING AN ECONOMIC DEVELOPMENT TARGET AREA (Hill and Colfax Streets) STATEMENT OF PURPOSE AND INTENT Pursuant to its authority granted by Indiana Code Section 36 -7 -12 et seq., the South Bend Economic Development Commission (the "Commission "), in furtherance of economic development within the City of South Bend, Indiana (the "City "), has investigated, studied and surveyed the need for additional job opportunities within the City and has made recommendations concerning economic development possibilities within the City. Based on its investigatory action, studies and surveys, the Commission has determined that it is necessary to designate a specific geographic area within the City as an Economic Development Target Area ( "EDTA ") because such area has become undesirable or impossible for normal development and occupancy due to lack of development, cessation of growth, deterioration of improvements or character of occupancy, age, obsolescence, substandard buildings or other factors that have impaired values or prevented a normal development of property or use of property. The property known as the northwest corner of Hill and Colfax (the "Property ") has been vacant for many years, with many investors having reviewed the Property for investment and development purposes, and each having dismissed the Property as not appropriate for investment and development. Based upon all of the above facts, the Commission at a regular meeting held on February 7, 2014 approved Resolution #2014 -2, a true copy of which is attached 'hereto and incorporated herein as Exhibit "A." The Resolution designates the northwest corner of Hill and Colfax Streets, in South Bend Indiana as an Economic Development Target Area, which Resolution the South Bend Common Council, as fiscal body for the City, now approves by enacting this ordinance pursuant to Ind. Code Section 6- 1.1- 12.1 -7(a). NOW, THEREFORE, BE IT ORDAINED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The South Bend Economic Development Commission's Resolution No. 2014 -2 adopted on February 7, 2014 attached hereto and incorporated herein as Exhibit "A" is hereby and in all ways approved. SECTION II. The Property located at the northwest corner of Hill and Colfax Streets in the City of South Bend, Indiana, comprising parcel numbers 18 -5005 -0128, 18 -5005 -0129, and 18 -5005 -0130, is hereby designated, determined and declared to be an Economic Development Target Area pursuant to Ind. Code Section 6- 1.1- 12. -7, with all rights and benefits conferred and authorized by law. passage Attest: City Clerk This Ordinance shall be in full force and effect from and after its i Council and approval by the Mayor. Presented by me to the Mayor of the City of South Bend, Indiana, on the I (4k day of rA Mj c_1 , 2014, at tD'Zr- o'clock C(. m. City C rk , l Approved and signed by me on the " � day of i p RC H 2014, at G o'clock Q . m. / ^ • y A¢ivry ayor, City South Bend, Indiana tat READWGZI-Z�fA y v L PUBLIC HEAR,N", 3 —t c, — I Urd READING _ ( t NOT APP I � OTYf LMRv� M k1rj i,,, RESOLUTION NO. eRe -�2,_ A RESOLUTION OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION RECOMMENDING THE ESTABLISHMENT OF AN ECONOMIC DEVELOPMENT TARGET AREA (Hill and Colfax) WHEREAS, the South Bend Economic Development Commission (the "Commission ") exists and operates pursuant to the provisions of Indiana Code § 36 -7 -12, et seq.; and WHEREAS, under the authority granted by Indiana Code § 36 -7 -12, et seq. and in furtherance of economic development in the City of South Bend (the "City "), the Commission has investigated, studied and surveyed the need for additional job opportunities within the City and has formed recommendations concerning the economic development possibilities within the City; and WHEREAS, based upon such investigations studies and surveys, the Commission has determined that it is necessary to designate a specific geographic area within the City as an Economic Development Target Area ( "EDTA ") because such area has become undesirable or impossible for normal development and occupancy because of a lack of development, cessation of growth, deterioration of improvements or character of occupancy, age, obsolescence, substandard buildings, or other factors that have impaired values or prevent a normal development of property or use of property; and WHEREAS, the property known as the corner of Hill and Colfax (the "Property ") has been vacant for many years, numerous investors have reviewed the Property for investment and development purposes and each has dismissed the Property as not appropriate for investment and development; and WHEREAS, the Commission now desires to recommend to the South Bend Common Council the designation of the comer of Hill and Colfax as an EDTA. NOW, THEREFORE, BE IT RESOLVED by the South Bend Economic Development Commission that: 1. A favorable recommendation is made to the South Bend Common Council for the establishment of the corner of Hill and Colfax as an Economic Development Target Area, such area comprising the parcel numbers 18 -5005 -0128, 18 -5005 -0129 and 18 -5005 -0130 in accordance with Indiana Code § 6- 1.1- 12.1 -7. ADOPTED at a Regular Meeting of the South Bend Economic Development Commission held on February 7, 2014, at the County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. CITY OF SOUTH BEND, DEPARTMENT OF ECONOMIC DEVELOPMENT Signal e F nnte � Name an d r le Ift t e South Bend Economic Development Commission AT �n(edName ana'� v - South Bend Economic Development Commission Filed in Cier` FEB CITY CL — TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 15 -14 A BILL OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROVING A RESOLUTION OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION AND ESTABLISHING AN ECONOMIC DEVELOPMENT TARGET AREA (HILL AND COLFAX STREETS) Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation. This bill was heard by the Community Investment Committee. Valerie Schey Chairperson, Committee of the Whole 227 W. JEFFERSON BOULEVARD SUITE 1400 S. SOUTH BEND, IN 46601 -1830 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY INVESTMENT SCOTT FORD, EXECUTIVE DIRECTOR February 18, 2014 Mr. Oliver Davis, President South Bend Common Council 4d' Floor County -City Building South Bend, IN 46601 RE: Establishing an Economic Development Target Area Northwest Corner of Hill and Colfax Dear President Davis: PHONE: 574 /235 -9371 FAx: 574/235 -9021 Attached for the Common Council's consideration is a proposed ordinance which approves and adopts a recommendation made by the South Bend Economic Development Commission establishing an Economic Development Target Area for the parcels located at the northwest corner of Hill and Colfax in the City of South Bend. This corner property has been vacant for many years, with many investors having reviewed this property for investment and development purposes, and each having dismissed the property as not appropriate for investment and development. The South Bend Economic Development Commission, in furtherance of economic development within the City of South Bend, has investigated, studied and surveyed the need for additional job opportunities within the City and has made recommendations concerning economic development possibilities within the City. Based on its investigatory action, studies and surveys, the Commission has determined that it is necessary to designate the northwest corner of Hill and Colfax, in the City of South Bend as an Economic Development Target Area which will make this property a more attractive investment and facilitate the development and occupancy of this corner, which is currently a gravel lot. I will present this Ordinance to the Common Council. - -" BUSINESS DEVELOPMENT �-c8ed in Clerk's Ofi. -�. Thank you for your consideration. - CHRIS FIELDING , Sincerel Brock Zeeb CIiY CLFA,t, �tis.a PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES JITM KAIN PAMELA C. MEYER CHRIS FIELDING DONALD E. INKS O /