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HomeMy WebLinkAboutEstablishing an Economic Development Target Area (Former Chase Tower & Adjacent Parking Lot) ORDINANCE No . 10395-15 Passed by the Common Council of the City of South Bend, Indiana October 26, 20 15 Attest: — `�/" City Clerk JOHN VOORDE Attest: President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana October 27, 20 15 City Clerk JOHN VOORDE Approved and signed by me O r ro b e r 2 7 Z 20 S ��—[ Mayer BILL NO. toy l Y ORDINANCE NO. , , L3 3 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 (Former Chase Tower 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 former Chase Tower and adjacent parking lot, located generally at 211 Washington 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, the Property, including its façade, plumbing, HVAC system, parking structure concrete, and elevators, has deteriorated and become obsolete to an extent that it cannot support normal development and occupancy. Further, the Property is vacant, and its assessed value reflects that it is obsolete. Based upon all of the above facts, the Commission at a regular meeting held on October 5, 2015, approved Resolution No. 2015-03, 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 current parcel numbers 018-1008-0321 and 018-1012-047701 (which parcel numbers are subject to change as a result of an anticipated subdivision of the Property), as an Economic Development Target Area, 1 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. 2015-03 adopted on October 5, 2015, attached hereto and incorporated herein as Exhibit A is hereby and in all ways approved. SECTION II. The Property located at 211 Washington Street in the City of South Bend, Indiana, including its adjacent parking lot, collectively comprised of current parcel numbers 018-1008-0321 and 018-1012-047701 (which parcel numbers are subject to change as a result of an anticipated subdivision of the Property), 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 III. This Ordinance shall be in full force and effect from and after its passage by the Common Council and approval by the Mayor. _. ID _ t_ Member of the ommon Council Attest: City C ler (___ `t es AL---fi Presented by me to the Mayor of the City of South Bend, Indiana, on the 1? 'day of Q u\-J\aeti/ , 2015, at W» o'clock cq . m. CityC$k l Approved and signed by me on the 2 7+4 day of O 4o ter , 2015, at 3'30 o'clock p . m. Mayor, Cityndiana _ Filed ins ----0fflCe 1500.0000019 42632190.002 1st READING LLO—L2- 7 OCT '7 TUt PUBLIC HEARING to_uc{r' 7 I Ord READING to- —k.S-- ~wi6u�'ti't Zit; dfi: NOT APPROVED 2 CI�CLERct,��31rHIIENDi NREFERRED ,�,..., , PASSED LO-L.c. --( r • TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 66-15 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, FORMER CHASE TOWER 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 EXHIBIT A Economic Development Commission Resolution No. 2015-03 [See attached.] RESOLUTION NO.2015-03 A RESOLUTION OF THE SOUTH BEND ECONOMIC DEVELOPMENT COMMISSION RECOMMENDING THE ESTABLISHMENT OF AN ECONOMIC DEVELOPMENT TARGET AREA (Former Chase Tower 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, the property located at 211 Washington Street, South Bend, Indiana, commonly known as the former Chase Tower (the "Property"), including its façade, plumbing, HVAC system,parking structure concrete, and elevators,has deteriorated and become obsolete to an extent that it cannot support normal development and occupancy; and WHEREAS,the Property is vacant; and WHEREAS,the assessed value of the Property reflects that it is obsolete; and WHEREAS,the Commission now desires to recommend that the South Bend Common Council designate the Property as an EDTA. NOW,THEREFORE,BE IT RESOLVED by the South Bend Economic Development Commission that: 1. The Commission favorably recommends the establishment of the Property and its adjacent parking lot, collectively comprised of current parcel numbers 018-1008-0321 and 018- 1012-047701 (which parcel numbers are subject to change as a result of an anticipated subdivision of the Property),as an Economic Development Target Area in accordance with Indiana Code § 6- 1.1-12.1-7. 1 ADOPTED at a meeting of the South Bend Economic Development Commission held at 2:00 p.m. on October 5, 2015, at the County-City Building, 227 West Jefferson Boulevard, South Bend, Indiana 46601. CITY OF SOUTH BEND, . DEPARTMENT OF ECONOMIC DEVELOPMENT Asa: cor • / Signa j. . Greg Jurgonski, President Printed Name and Title South Bend Economic Development Commission ATTEST: 6gt-E0 , Secr etary 3(CI C. fa-0, Fgec 12c awn I NIFCSCMCisT Printed Name and Title South Bend Economic Development Commission 1500.0000019 57359719.002 • Filed is , >V, Office H 7 cu1 5 CITY CLERK,SOUTH BEND,IN 2 040UrN 227 W.JEFFERSON BOULEVARD /ft*\ ��� 2 PHONE:574/235-9371 SUITE 1400 S. !v� �� , , off, FAX:574/235-9021 SOUTH BEND,IN 46601-1830 4g'W1,44-"/,-tti 2' .,M1865 CITY OF SOUTH BEND PETE BUTTIGIEG, MAYOR COMMUNITY INVESTMENT SCOTT FORD, EXECUTIVE DIRECTOR October 7, 2015 Mr. Tim Scott, President South Bend Common Council 4th Floor County-City Building South Bend, IN 46601 RE: Establishing an Economic Development Target Area The Tower at Washington Square at 211 West Washington St. Dear President Scott: 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 Tower at Washington Square (Parcel IDs—018-1008-0321 and 018-1012-047701 which parcel numbers are subject to change as a result of an anticipated subdivision of the property). The property known as the former Chase Tower and adjacent parking lot, located generally at 211 Washington 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, the Property, including its facade, plumbing, HVAC system, parking structure concrete, and elevators, has deteriorated and become obsolete to an extent that it cannot support normal development and occupancy. Based upon all of the above facts, the Commission at a regular meeting held on October 5, 2015, approved Resolution No. 2015-03. 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 211 West Washington St as an Economic Development Target Area which will make The Tower at Washington Square a more attractive investment and facilitate the development and occupancy of the building. Thank you for your consideration. Brock Zeeb or Chris Fielding will atwnc?h�CQrrlmittee and Council meeting to address any questions. Fred i6i , :- Office Cordially, 7777 OCT z�1 JOHN vt%U'rUi§ Brock Zeeb CITY MESH,SOUTH BEND,IN PLANNING NEIGHBORHOOD ENGAGEMENT BUSINESS DEVELOPMENT ECONOMIC RESOURCES JEI IN KAIN PAMELA C.MEYER CNRIS FIELDING BROCK ZEEB V r