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REGULAR MEETING <br />FEBRUARY 27. 2017 <br />Councilmember Gavin Ferlic thanked everyone present for their patience and their comments. <br />Councilmember Ferlic stated that he is completely in support of the plan, pointing out that the <br />plan lays out more than the height of a project. He stated, It calls for mixed use, it calls for <br />restaurants, it calls for retail, it calls for grocery, it calls for pharmacy, it calls for increased <br />density. That's what the plan is all about. So, for me, this is an easy decision to support the plan, <br />support the vision of the East Bank neighborhood, and look forward to having some great <br />amenities and some great development in that area. <br />Councilmember John Voorde stated, The more you find out, the more you think about the <br />importance of what we are doing and the importance of getting it right. Councilmember Voorde <br />stated that there has been a longstanding desire for a pharmacy and grocery store on the east side <br />of the river. He contended that saying no to one - hundred and fifty (15 0) feet on the Island is not <br />going to cripple that vision. He asked, Do we believe that the east side of the river should be <br />unique and mixed -use? Regional Cities did. They are willing to commit $4,900,000 to a guy who <br />says he wants to do mixed -use development. Councilmember Voorde went on to explain that the <br />City was willing to put $5,000,000 toward the Commerce Center project and a tax abatement for <br />ten (10) years instead. This, he explained, meant that if the project takes two (2) years to be built, <br />the City would be waiting at least twelve (12) years to see any tax money back. He stated, I <br />know that's not really on the table right now, but it ought to be, because the most important job <br />we have as City Councilmen is to be responsible, fiscal stewards of the financial resources <br />available to us. To put this package together and give it to a developer just because we want to <br />keep momentum going and just because he is going to bring a supermarket and pharmacy here <br />and a six - hundred (600) space garage —it's not the best way to go. Councilmember Voorde <br />stated that experts in city planning have weighed in and discouraged taking this route; that Mr. <br />Lykoudis stated that this violates so many tenets of city planning; that there are violations to the <br />process itself of changing the vision. He stated, I think it is an irresponsible fiscal package to <br />begin with. If you would just compare it to what I read in the paper on Sunday that's happening <br />in Mishawaka— they're doing a tax incremental finance contribution, but they are doing it in the <br />form of the tax incremental finance bond, and the money from that bond will replenish the tax <br />incremental finance fund which we ought to cherish for all kinds of things we never even <br />dreamed we could use tax incremental financing for before. Councilmember Voorde emphasized <br />that TIF is not a bottomless pit of money, especially if $5,000,000 are given away without a <br />return for over a twelve (12) years. He stated that he would like to make a motion to continue the <br />bill until the next Council meeting, to have yet unheard developers and other experts speak on <br />the matter of this text amendment to the Council and public. <br />Councilmember Oliver Davis stated, We should not be stuck in the past. We can move forward. <br />Councilmember Davis stated that he sees no reason to have another meeting to discuss this bill. <br />He also pointed out that though it might have taken Councilmember Broden four (4) months to <br />draft the past text amendment, public discussion had not been held for four (4) months. He stated <br />that this issue has been discussed from September of 2016 until this evening, adding, To say that <br />we have only discussed this for eleven (11) days is to use alternative facts. It is time for us to <br />move forward. We asked people to come to make compromises. We had meetings to make <br />compromises. We did that. Councilmember Davis continued by stating, To want to be a <br />developer in South Bend right now, we are really sending the message that it's going to be some <br />tough stuff. Go to Mishawaka, go to the County —they will work with you. Come to South <br />Bend —we give you the tenth degree. You may not want to come here. That's not good for South <br />Bend. That may have been good when you all did it in the past, but that is not the way we need to <br />move forward in today's world. <br />Councilmember Karen White stated, No one will debate the support for economic <br />development —but there's always a "but." No one will debate the need to have a grocery store or <br />pharmacy —but there's a "but." When we talk about the vision, there's a "but." When we talk <br />about plans, there's a "but." Councilmember White stated that the Council needs to regard this <br />issue holistically. She asked her fellow Councilmembers that wish for another meeting, What <br />would change? Would the outcome be different? I don't think anyone is saying throw the vision <br />away, throw the plans away. What we are saying is that, as we begin to move forward, we have <br />to be flexible and we have to be mindful in terms of our decisions. <br />11 <br />