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HomeMy WebLinkAboutAdopting a 5 Year Strategic Plan Identifying CED Incentives Available in the Enterprise ZoneRESOLUTION NO. 2652 -98 Passed by the Common Council of the City of South Bend, Indiana, July 13, 1098 Clerk Attest` Cg '�' °emus President of Common Council. Presented by me to the Mayor of the City of South Bend, India July 14, 1998 Approved and signed by me July 20, Clerk Mayor RESOLUTION NO. �6 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, ADOPTING A FIVE YEAR STRATEGIC PLAN, IDENTIFYING THOSE COMMUNITY AND ECONOMIC DEVELOPMENT INCENTIVES AVAILABLE IN THE ENTERPRISE ZONE LOCATED IN SOUTH BEND, INDIANA, AND AUTHORIZING THE SUBMISSION TO THE INDIANA URBAN ENTERPRISE ZONE BOARD AND STATE BUDGET COMMITTEE OF AN APPLICATION FOR THE RENEWAL OF THE ENTERPRISE ZONE LOCATED IN SOUTH BEND, INDIANA WHEREAS, the State of Indiana has enacted I. C. 4- 4 -6.1, allowing certain areas within Indiana to be designated as "Enterprise Zone" areas and entitling property owners therein to certain benefits (as provided by law), from time to time; and WHEREAS, a certain area within the City of South Bend, Indiana has been so designated as an Enterprise Zone, effective as of January 1, 1984, said area modified effective as of July, 1987; May, 1989; and October, 1993: and WHEREAS, said designation terminates effective December 31, 1998; and WHEREAS, the State of Indiana has provided a mechanism to allow for the renewal of areas designated as Enterprise Zones; and WHEREAS, the Urban Enterprise Association of South Bend, Indiana, Inc. throughout its existence has been engaged in and undertaken a number of programs and operations in and serving businesses and residents located within the Enterprise Zone located within South Bend, Indiana (hereinafter, the "ZONE "), and continues to operate, supervise and conduct various such programs and operations; and WHEREAS, the Board of Directors of the Urban Enterprise Association of South Bend, Indiana, Inc. (Hereinafter, the BOARD) has expressed its continued commitment to its mission of increasing the number of jobs in the ZONE by the retention and expansion of existing businesses and the attraction and development of new businesses and improving the quality of life of ZONE residents, improving ZONE residents' employability, and filling ZONE jobs with ZONE residents; and WHEREAS, the BOARD has caused the development and creation of a five year strategic plan reviewing the history of the Enterprise Association of South Bend, Indiana, Inc. and its past and ongoing activities in the ZONE and to guide its activities within the ZONE over the next five years; and WHEREAS, the BOARD by resolution dated June 24. 1998 approved a proposed modification of the boundaries of the ZONE and authorized the filing of a resolution with the Common Council of the City of South Bend, Indiana, seeking the approval of the Common Council and Mayor of the City of South Bend to such boundary modification; and WHEREAS, the Board has caused the completion of an application for renewal of the ZONE with said boundary modification; and WHEREAS, after proper advertising of the same pursuant to I.C. 5 -3 -1 -2 (b) the BOARD conducted a public hearing on May 27. 1998 to discuss the history of the Urban Enterprise Association of South Bend, Inc., its progress, and said five year strategic plan and the proposed boundary modification described herein; and WHEREAS, having considered the same and the comments of the public received at said public hearing, the BOARD determined that said five year strategic plan provides a clear and proper perspective of the past work of the Urban Enterprise Association of South Bend, Indiana, Inc. within the ZONE and sets forth appropriate strategy and gives appropriate guidance to the BOARD concerning its activities in the ZONE over the next five years and that it is in the best interest of the ZONE, the City of South Bend, Indiana, and the businesses and residents in the ZONE, and approved and adopted said five year strategic plan; and WHEREAS, having considered the same and the comments of the public received at said public hearing, the BOARD determined that it is in the best interest of the ZONE, the City of South Bend, Indiana, and the businesses and residents in the ZONE, and approved the application for renewal of the Enterprise Zone designation, with such boundary modification as was approved by the BOARD by resolution dated June 24 1998; and WHEREAS, the BOARD, by resolution dated June 24. 1998 authorized its Executive Director to submit to the Indiana Urban Enterprise Zone Board for its evaluation and review the application for renewal approved hereby, as well as the five year strategic plan approved hereby, and any and all supporting documentation, documents, publication proofs, resolutions, and the like; and WHEREAS, the Common Council of the City of South Bend, Indiana, has reviewed said five year strategic plan, a true and complete copy of which is attached hereto, and has determined that certain community and economic development incentives are available within the ZONE, with such boundary modification as was approved by the BOARD, and that it is in the best interests of the City of South Bend, the ZONE and the residents and businesses within the ZONE, that the application for renewal, as approved by the BOARD, and all supporting documentation, be submitted to the Indiana Urban Enterprise Association for its review and evaluation. NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AS FOLLOWS: 1. That the following community and economic development incentives are among those available within the ZONE: A. Loans to businesses through the City of South Bend's Industrial Revolving Loan Fund, Corporation for Entrepreneurial Dvelopment Loan Fund and the Neighborhood Business Development Corporation Loan Fund. B. The availability of tax increment to the City of South Bend Department of Redevelopment for use throughout the Sample -Ewing Development Area, a redevelopment area within the boundaries of which the ZONE is located, for financing local public improvements in or serving the Sample -Ewing Development Area. C. The availability of real and personal property tax abatement for residential, industrial, institutional and warehousing development in the ZONE. D. The targeting of Civil City Good Neighbors Funds funds by the City of South Bend to assist in funding the operations of the Southeast, Rum Village and Westside Partnership Centers serving the ZONE. E. The targeting of Community Development Block Grant Funds by the City of South Bend to assist in the funding of public improvements, housing, commercial development, organizational support and service provision that affect the ZONE. F. Cooperative efforts of the City of South Bend and affected neighborhood organizations to provide a focus for neighborhood planning and improvement activities. G. The provision of staff services by the City of South Bend to the Neighborhood Resources and Technical Services Corporation, an Indiana non - profit Corporation targeting urban neighborhoods, including the Southeast, RumVillage, Near Westside and Westside neighborhoods and neighborhood associations located within the ZONE for grants, technical support and resource development. 2. That the five year strategic plan, a true and complete copy of which is attached hereto and incorporated herein, dated as of June 24, 1998 shall be and hereby is approved. 3. That the application for renewal of the ZONE, with such boundary modifications as were approved by the BOARD dated June 24. 1998, shall be and is hereby approved. 4. The Executive Director of the BOARD is hereby authorized and directed to cause to be submitted to the Indiana Urban Enterprise Zone Board for its evaluation and review the application for renewal approved hereby, as well as the five year strategic plan approved hereby, and any and all supporting documentation, documents, publication proofs, resolutions, and the like. 5. This Resolution shall be in full force and effect from and after its adoption by the Council and approval by the Mayor. POSEMM 7 -3 -9f NOT APPROVED ADOPTED 3 f l SOUTH BEND OMMON COUNCIL Member, Common Council Filed in Clerk's Office JUL - 8 1998 LORETTA J. DUDA CRYCLERK, SO. BEND,IN.