08/13/07 Community and Economic Development Committee Minutes

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Community and Economic ©evelopment Committee August 13, 2007 Page 3 Glenn Nelson of United Beverages made the formal presentation. He noted that they plan to stay in the Studebaker Corridor and make a building expansion. The new investment is estimated at $2,500,000 for the 15,000 square foot expansion and site upgrade. They estimate to create 5-7 new jobs, and retain 63 existing jobs which have a payroll of $3,200,000. He noted that they need to grow their business and need more warehouse space. Citizen Member Morin Wolson requesting the petitioner on affirmative steps vs. affirmative action, noting that they are bath important. Council Member Pfeifer stated that it was her understanding that affirmative action was to be handled at the Department of Community and Economic Department staff level, and not at the Council level. Mr. Nelson stated that they have along-standing policy of non-discrimination in hiring and promotion. Jeff McGowan, the CPA for the petitioner noted that he is with Kruggel Lawton & Company LLC CPAs with offices at 210 South Michigan Street in downtown South Bend. He noted that the petitioner has been a client of theirs far many years and have paid $185,000 real & personal property taxes. He noted that they will be paying a considerable amount of taxes over the 9-year period requested in the tax abatement. There was no one from the public to speak in favor or in opposition to the Bill. Council Member Puzzello made a motion, seconded by Council Member Kelly that Substitute Bill No. 07-91 be recommended favorably to Council. The motion passed. Council President Rouse noted that he is elated that the Petitioner is staying in South Bend. Bitl No. 0'7-95: Proposed 5-Year Residential Real Property Tax Abatement for the Property Located a#220 West Colfax Avenue: Council Member Dieter called for a report an Biil Na. 07-95 which is a five (5) year residential real property tax abatement far Colfax Place Associates for the property located at 220 West Colfax in downtown South Bend. Bill 5challiol reviewed his report dated 07-17-07 (attached) and Hated that the petitioner meets the requirements far a 5-year residential real property tax abatement.