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08-08-05 Council Meeting Minutes
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08-08-05 Council Meeting Minutes
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City Council - City Clerk
City Counci - Date
8/8/2005
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REGULAR MEETINGAUGUST 8, 2005 <br />Councilmember Puzzello, Chairperson, Community and Economic Development <br />Committee, reported that this committee held a Public Hearing on this bill this afternoon <br />and voted to send it to the full Council with a favorable recommendation. <br />Ms. Karen Ainsley, 1007 Portage Avenue, South Bend, Indiana, made the presentation <br />for this bill. <br />Ms. Ainsley advised that the Near Northwest Neighborhood, Inc., will construct a new <br />home. The home will be approximately 1,120 to 1,300 square feet single family home. <br />The home will consist of three bedrooms, five total rooms, and full basement with an <br />attached garage. The home will be on 50 foot by 128-foot lot. The cost of the home will <br />be $95,000.00. <br />A Public Hearing was held on the Resolution at this time. <br />There being no one present wishing to speak to the Council either in favor of or in <br />opposition to this Resolution, Councilmember Dieter made a motion to adopt this <br />Resolution. Councilmember Kelly seconded the motion which carried and the Resolution <br />was adopted by a roll call vote of nine (9) ayes. <br />RESOLUTION NO. 3504-05 A RESOLUTION WAIVING THE REQUIRED <br /> FILING DATE OF MAY 15, 2002 AND <br /> ACCEPTANCE OF THE DEDUCTION <br /> APPLICATION OF THE LATE FILING OF <br /> DEDUCTION APPLICATION FOR THE NEW <br /> MANUFACTURING EQUIPMENT LOCATED <br /> IN AN ECONOMIC REVITALIZATION AREA <br /> FILED UNDER RESOLUTION 2621-98 FOR <br /> OTD CORPORATION LOCATED AT 3722 <br /> FOUNDATION COURT <br />Whereas, The State of Indiana, County of St. Joseph, Adopted by the Common Council <br />of the City of South Bend, Indiana commonly known as 3722 Foundation Court, South <br />Bend, Indiana had adopted RESOLUTION 2621-98, pursuant to Indiana Code 6-1.1- <br />12.1to be an economic revitalization area for purposes of five (5) year personal tax <br />abatement for O-T-D Corporation. <br />Whereas, Resolution 2621-98 was presented and adopted by the Common Council May <br />11, 1998. Mr. William Guinn as petitioner representative was in attendance. <br />Whereas, the Application for Deduction from Assessed Valuation for New <br />Manufacturing Equipment in Economic Revitalization area was prepared and mailed on <br />May 29, 2002 and filed by the city clerkâs office on June 3, 2002. <br />Whereas, the Petitioner has presented substantial evidence to the Common Council that <br />exigent circumstances existed to prepare the Application for Deduction from Assessed <br />Valuation for New Manufacturing Equipment in Economic Revitalization Area <br />Now, therefore be it resolved by the Common Council of the City of South Bend, Indiana <br />as follows: <br />SECTION 1. The petitioner has presented testimonial evidence of the following facts in <br />support of this resolution: <br />A. The deduction application was received by the Clerks Office on June 3, 2002, having <br />been due on May 15th, 2002, was late due to unusual circumstances and under Indiana <br />code 6-1.1-12.1-4.8 be accepted. <br />B. In 2001, O-T-D Corporation purchased a new accounting and manufacturing software <br />program. <br />18 <br /> <br />
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