HomeMy WebLinkAbout09-14-15 Community Investment COMMUNITY INVESTMENTS SEPTEMBER 14,2015 4:00 P.M.
Committee Members Present: Gavin Ferlic, Henry Davis Jr. (AB), Dr. David Varner,
Dr. Fred Ferlic
Citizen Members Present: Bob Emery(AB), Patrick Mullin (AB)
Other Council Present: Tim Scott, Valerie Schey(XAB), Oliver Davis, Karen White,
Derek Dieter(XAB)
Others Present: Chris Fielding,Scott Ford, Brock Zeeb, Kathy Cekanski-Farrand,
David Sieradzki, Gary King,Tom Gebby
Agenda: Bill No. 15-81 Designating Tax Abatement
Fed Ex Ground Package System Inc.
5115 Dylan Dr.—5 Year Personal Property
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Bill No. 15-82 Designating Tax Abatement
James&Susan Farrington 802 E. St.Vincent St.
5 Year Residential Property
Bill No. 15-83 Correction to Resolution 4471-15 of a
Scrivener's Error Concerning the Disposition of
Real Property at 51190&51270 Mayflower Rd.
Councilmember Gavin Ferlic, Chair of the Community Investment Committee opened the scheduled
hearing, with a quorum present, to consider three bills on the agenda.
The first bill, 15-51, requests consideration for a 5 year personal property tax abatement for Fed-Ex
Ground Package System at 5115 Dylan Dr.
Chris Fielding from the Community Investment Department made the presentation. Mr.Tom Gebby the
manager of the Fed Ex facility was present to answer any questions.
The Fed Ex move from Mishawaka to the new facility four times larger would create 71 new jobs and
move 127 from Mishawaka to South Bend. Over the 5 year abatement period $1,286,801 in taxes would
be generated. Of that total$592,944 would be abated.
President Tim Scott welcomed the company to the 1n district.
Committee members Dr. Ferlic and Dr.Varner made the appropriate motions to recommend favorably
which all supported.
The second item, bill 15-82,was a request for a 5 year residential abatement from James and Susan
Farrington for a new home they are building at 802 E.St.Vincent. They were represented by the builder
David Sieradzki. Brock Zeeb from Community Investment Department made the presentation. He said
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the home to be built at an estimated $525,000 would generate almost$28,000 in property taxes over
the life of the five year abatement period with only$2000 of the taxes abated. Ultimately after brief
discussion Dr.Varner motioned for a favorable recommendation Dr. Ferlic seconded and all affirmed.
The final agenda item, bill 15-83 was filed by the City to correct a scrivener's error in a resolution
previously submitted to and passed by the Council. Subsequent to passage of the previous resolution
the Council Attorney Kathy Cekanski-Farrand found the error and asked the City to correct and resubmit.
Brock Zeeb explained the error and thanked the Council Attorney Cekanski for bringing it to their
attention.
Dr.Varner motioned to send favorably Dr. Ferlic seconded. All affirmed.
Gavin Ferlic adjourned the meeting at 4:10 P.M.
Respectfully Submitted,
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Gavin Ferlic, Chairperson
Community Investment Committee
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