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Home My WebLink AboutEstablishing an Economic Development Target Area (JMS Builing & Adjacent Parking Lot)ORDINANCE No. 10367 -15 Passed by the Common Council of the City of South Bend, Indiana Attest: June 22, 20 15 Rrela hry Presented by me to the Mayor of the City of South Bend, Indiana June 23, 20 15 Clerk President of Common Council Approved and signed by me J V Ae 93 2p LT-- City Clerk Mayer BILL NO. 1:1-13- ORDINANCE NO. [ O 3— 7 -J S, 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 (JMS Building and Adjacent Parking Lot) 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 JMS Building and adjacent parking lot, located generally at 108 South Main Street, South Bend, Indiana (the "Property ") 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 prevented a normal development or use of property. More specifically, 75% of the Property's space is vacant and the assessed value reflects that it is obsolete. The Property was added to the National Register of Historic Places on June 5, 1985, with reference number 85001216. Built in 1910, it was considered the first "modern" office building of South Bend and was named for its developer, John Mohler Studebaker, former President of the Studebaker Bros. Manufacturing Co., and the last survivor of the company's founding brothers. Based upon all of the above facts, the Commission at a regular meeting held on May 13, 2015 approved Resolution #2015 -02, a true copy of which is attached hereto and incorporated herein as Exhibit "A." The Resolution designates the Property and its adjacent parking lot, collectively comprised of parcel numbers 018- 1008 -0331, 018- 1008- 033003 and 018- 1008 -0330, 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. 2015 -02 adopted on May 13, 2015 attached hereto and incorporated herein as Exhibit "A" is hereby and in all ways approved. SECTION II. The Property located at 108 South Main Street in the City of South Bend, Indiana, comprising parcel numbers 18- 1008 -0331, 18- 1008 - 033003, and 18 -1008 -0330, is hereby designated, determined and declared to be an Economic Development Target Area pursuant to Ind. Code Section 6 -1.1- 12.1 -7, with all rights and benefits conferred and authorized by law. SECTION IIl. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. Member of the o mon Council Attest: City Clerk Presented by me to the Mayor of the City of South Bend, Indiana, on the 4,,3_ day of LL" 2015, at o'clock �. m. City Cl i Qe6t Approved and signed by me on the 93 day of 'Tu nc. 2015, at {� o'clock a. m. Mayor, City Soft Indiana I si moM s -LQ-4r PUBLIC HEAPM 3 rd READING NOT APPROVED REFERRED PASSED Filed in rAice °pfi' « Ci 4815 JOtv'ai aJ'vCl9Di* CITY CLERKd SOUTH 9END, IN TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 27 -15 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, JMS BUILDING AND ADJACENT PARKING LOT 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. Karen L. White 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 May 20, 2015 Mr. Tim Scott, President South Bend Common Council 4`h Floor County -City Building South Bend, IN 46601 RE: Establishing an Economic Development Target Area JMS Building Dear President Scott: 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 known as the JMS Building (Parcel IDs — 018 - 1008 -0330, 018 - 1008 - 033003, 018 - 1008 - 0331). On June 5, 1985 the property known as the JMS Building was added to the National Register of Historic Places (reference # 85001216). The property currently sits 75% vacant and meets Indiana Code section IC 6- 1.1- 12.1 -7 criteria for Economic Target Area designation. 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 JMS Building as an Economic Development Target Area which will make the JMS Building a more attractive investment and facilitate the development and occupancy of the building. Thank you for your consideration. Sincerely, Brock Zeeb PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT hiiN KAIN PAMELA C. MEYER CHRIS FIELDING ZU_ ZUI , i 1 1. T v CITY Cl ER.,, ,, sou ri:. LND, IN ECONOMIC RESOURCES BROCK ZEEB S 01 RESOLUTION NO. 2015-02 A RESOLUTION OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION RECOMMENDING THE ESTABLISHMENT OF AN ECONOMIC DEVELOPMENT TARGET AREA (JMS Building and adjacent parking lot) 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, through City staff members, 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 assessments and reports by the City staff, 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, on June 5, 1985, the property known as the JMS Building (the "Property ") was added to the National Register of Historic Places, with reference number 85001216; and WHEREAS, the Property, including its fagade, roof, internal systems, and infrastructure beneath the public way, has deteriorated and become obsolete to an extent that it cannot support normal development and occupancy; and WHEREAS, approximately 75 % of the Property's space is vacant; and WHEREAS, the assessed value of the Property reflects that it is obsolete; and WHEREAS, the Commission now desires to recommend to the South Bend Common Council (the "Council ") the designation of the Property 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 Property and its adjacent parking lot, collectively comprised of parcel 1 EXHIBIT A numbers 018 - 1008 -0331, 018 - 1008 - 033201, 018 - 1008 - 033003, and 018 - 1008 -0330, as an Economic Development Target Area in accordance with Indiana Code § 6 -1.1- 12.1 -7. ADOPTED at a meeting of the South Bend Economic Development Commission held at 8:00 a.m, on May 13, 2015, at the County -City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. CITY OF SOUTH BEND, DEPARTMENT OF ECONOMIC DEVELOPMENT rra Signa, e Gr Jurgonski, President Printed Name and Title South Bend Economic Development Commission ATTEST: S7 re Fbgj�>, Secretary Printed Name and Tide South Bend Economic Development Commission 4000.0000059 65318403.002