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REGULAR MEETING SEPTEMBER 26, 2016 elsewhere. Moving is an option that has been looked at. We wanted to find a way to stay where we are at while also meeting our customer's demands. Those wishing to speak in favor of the two (2) bills: Jesse Davis, P.O Box 10205 South Bend IN, spoke in favor of the bills. He stated he is definitely not anti - business and is a very small business himself and sometimes he struggles. There are probably instances where tax abatements are necessary. A better question to further this discussion is will the business leave South Bend if they do leave. We have built some pretty nice speck buildings in the City for businesses. It is not just a matter of will the company move but will they move out of the City. Even when that happens like when AM General moved from Mishawaka to South Bend. This Council gave them a tax abatement, but they get government contracts. All their work is paid for with our tax dollars but we still gave them a tax abatement and they weren't creating any new jobs here. They were just moving a facility from South Bend to Mishawaka. They were still part of the St. Joseph County community and bottom line they weren't creating any new jobs. There may be instances where these are necessary but we need to look a little closer at those. This might be an instance where this is feasible. No one from the public spoke in opposition. Councilmember Gavin Ferlic made a motion to adopt Bill 16 -69. Councilmember Oliver Davis seconded the motion which carried by a roll call vote of eight (8) ayes and one (1) nay. (Councilmember Regina Williams- Preston) Councilmember Gavin Ferlic made a motion to adopt Bill 16 -71. Councilmember Randy Kelly seconded the motion which carried by a roll call vote of eight (8) ayes and one (1) nay. (Councilmember Regina Williams- Preston) Councilmember Gavin Ferlic made a motion to hear Bills 16 -73 and 16 -75 together for purposes of public hearing. Councilmember Oliver Davis seconded the motion which carried by a voice vote of nine (9) ayes. 16 -73 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3722 FOUNDATION CT, SOUTH BEND, IN 46628 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR IMAGINEERING ENTERPRISES, INC. 16 -75 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3722 FOUNDATION CT., SOUTH BEND, IN 46628 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR IMAGINEERING ENTERPRISES, INC. Sarah Heintzelman, Department of Community Investment with offices on the 14th Floor of the County -City Building, served as the presenter for this bill. This represents a $3.5 million private investment on behalf of Imagineering. The new taxes generated from this project would be $333,374 of which $126,224 would be abated. This would create twenty -five (25) new jobs over the course of this project with over $780,000 in annual payroll. 13