07-10-06 Council Meeting Minutes

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REGULAR MEETING JULY, 10, 2006 automatic baggers, mold machines and tools, numerous other tools and equipment, as well as logistical distribution equipment and information technology equipment. It is estimated that the total project will generate (12) twelve new, permanent, full-time jobs representing a new annual payroll of $340,000. The project will also maintain 140 existing, permanent, full-time jobs and (4) four existing, part-time, jobs representing an annual payroll of $3,700,000. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Dieter made a motion to adopt this Resolution. Councilmember Puzzello seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. RESOLUTION NO. 3612-06 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4747 WEST CLEVELAND ROAD AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A (8) EIGHT-YEAR REAL PROPERTY TAX ABATEMENT FOR TULIPTREE ASSOCIATES, LLC., PEI-GENESIS, INC. WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 4747 West Cleveland Road, South Bend, Indiana, and which is more particularly described as follows: Commencing from the East Quarter of said Section 20, said point being approximately 68.62 feet South of the South right-of-way of Indiana East/West Toll Road (300’ total R/W) thence North 0104’10” West along the East line of the Northeast Quarter of Section 20, 704.03 feet to the point of beginning of this description; (note: The bearing for this description was derived from the recorded documents from the Right-of- Way undertaking); thence North 7734’00” West, along the North right- of-way of Cleveland Road 1346.24 feet; thence North 0038’36” West, 629.12 feet to the South line of the Plat of Clarence A. Gregory’s High Meadows Estates Subdivision; thence North 8937’14” East along the South line of the Plat of Clarence A. Gregory’s High Meadows Estates Subdivision and Hartman DeMaegt Subdivision, as recorded under Book 21, page H4 and Book 27, page H respectively; 1304.45 feet to the East line of the Northeast Quarter of said Section 20; thence continuing along the South boundary of Hartmen DeMaegt Subdivision on a bearing of North 8937’14” East, 80.5 feet to a point on a line West 80.5 feet of the West Half of the Northwest Quarter of said Section 21; thence South 0104’10” East, 946.09 feet to a point on the North line of Cleveland Road; thence continuing along the said North line of Cleveland Road on a bearing of North 7734’00” West, 82.79 feet to the point of beginning. and which has Key Number 25-1012-0199.37, as an Economic Revitalization Area; and 40