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03-14-16
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03-14-16
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City Council - City Clerk
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REGULAR MEETING <br />March 14, 2016 <br />motion was seconded by Councilmember Randy Kelly and carried by a voice vote of eight (8) <br />ayes. <br />RISE AND REPORT <br />Councilmember Karen White made a motion to rise and report to full Council. Councilmember <br />Randy Kelly seconded the motion which carried by a voice vote of eight (8) ayes. <br />REGULAR MEETING RECONVENED <br />Be it remembered that the Common Council of the City of South Bend reconvened in the <br />Council Chambers on the fourth floor of the County -City building at 7:18 p.m. Council President <br />Tim Scott presided with eight (8) members present <br />BILLS — THIRD READING <br />There were no third readings. <br />RESOLUTIONS <br />16 -13 A RESOLUTION RECONFIRMING THE ADOPTION <br />OF A DECLARATORY RESOLUTION 4330 -14 <br />DESIGNATING CERTAIN AREAS WITHIN THE CITY <br />OF SOUTH BEND, INDIANA, COMMONLY KNOWN <br />AS 237 NORTH MICHIGAN STREET, SOUTH BEND, <br />IN 46601 AS AN ECONOMIC REVITALIZATION <br />AREA FOR PURPOSES OF A TEN (10) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR THE LASALLE <br />APARTMENTS LLC <br />Councilmember Gavin Ferlic reported that the Community Investment Committee met and sends <br />this bill forward with a favorable recommendation. <br />Aaron Kobb, Community Investment with offices on the 14th Floor of the County City Building, <br />served as the presenter for this bill. This is continuing a tax abatement that was originally <br />authored for a different company. When Real America came into possession of the building they <br />were given the last year of the original two (2) year tax abatement through a resolution passed by <br />the Council. This bill simply extends that original abatement for an additional year to give Real <br />America a full two (2) years for construction during the tax abatement which is standard. The <br />construction is going well with a projected completion date in September 2016. <br />Jeff Ryan, Real America Development with offices at 10711 America Way Fishers IN, served as <br />the petitioner for this bill. Mr. Ryan explained how Real America came into this project and tax <br />abatement after it had been granted to another company. Real America is moving forward as <br />quickly as possible on this project. The building will hold sixty -seven (67) market rate <br />apartments and commercial space as well. The projected grand opening is September of 2016. <br />There were no questions from the Council. <br />No one from the public wished to speak in favor or in opposition of the bill. <br />Councilmember Gavin Ferlic made a motion to adopt the resolution. Councilmember John <br />Voorde seconded the motion which carried by a roll call vote of eight (8) ayes. <br />3 <br />
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