08-08-05 Council Meeting Minutes

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REGULAR MEETINGAUGUST 8, 2005 Councilmember Puzzello, Chairperson, Community and Economic Development Committee, reported that this committee held a Public Hearing on this bill this afternoon and voted to send it to the full Council with a favorable recommendation. Ms. Karen Ainsley, 1007 Portage Avenue, South Bend, Indiana, made the presentation for this bill. Ms. Ainsley advised that the Near Northwest Neighborhood, Inc., will construct a new home. The home will be approximately 1,120 to 1,300 square feet single family home. The home will consist of three bedrooms, five total rooms, and full basement with an attached garage. The home will be on 50 foot by 128-foot lot. The cost of the home will be $95,000.00. 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 Kelly seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. RESOLUTION NO. 3504-05 A RESOLUTION WAIVING THE REQUIRED FILING DATE OF MAY 15, 2002 AND ACCEPTANCE OF THE DEDUCTION APPLICATION OF THE LATE FILING OF DEDUCTION APPLICATION FOR THE NEW MANUFACTURING EQUIPMENT LOCATED IN AN ECONOMIC REVITALIZATION AREA FILED UNDER RESOLUTION 2621-98 FOR OTD CORPORATION LOCATED AT 3722 FOUNDATION COURT Whereas, The State of Indiana, County of St. Joseph, Adopted by the Common Council of the City of South Bend, Indiana commonly known as 3722 Foundation Court, South Bend, Indiana had adopted RESOLUTION 2621-98, pursuant to Indiana Code 6-1.1- 12.1to be an economic revitalization area for purposes of five (5) year personal tax abatement for O-T-D Corporation. Whereas, Resolution 2621-98 was presented and adopted by the Common Council May 11, 1998. Mr. William Guinn as petitioner representative was in attendance. Whereas, the Application for Deduction from Assessed Valuation for New Manufacturing Equipment in Economic Revitalization area was prepared and mailed on May 29, 2002 and filed by the city clerk’s office on June 3, 2002. Whereas, the Petitioner has presented substantial evidence to the Common Council that exigent circumstances existed to prepare the Application for Deduction from Assessed Valuation for New Manufacturing Equipment in Economic Revitalization Area Now, therefore be it resolved by the Common Council of the City of South Bend, Indiana as follows: SECTION 1. The petitioner has presented testimonial evidence of the following facts in support of this resolution: A. The deduction application was received by the Clerks Office on June 3, 2002, having been due on May 15th, 2002, was late due to unusual circumstances and under Indiana code 6-1.1-12.1-4.8 be accepted. B. In 2001, O-T-D Corporation purchased a new accounting and manufacturing software program. 18