06-26-06 Community & Economic Development

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Community and Economic ©evelopment Committee June 26, 2006 Page 4 Bill Schalliol of the Community and Economic Development Department referenced that there was a June 19, 2006 report prepared by Sharon Terrell for Bill No. 06-64 {copy attached). The project would include the construction of asingle-family home at the site at a projected cost of $350,000. J. Bernard Feeney of Lang, Feeney & Associates, lnc., with offices at 715 South Michigan Street in downtown South Bend made the presentation. He noted that a tax abatement for this property was previously approved by the Council. The area in question is vacant land and there are 5_g acres left in the development. Council President Rouse questioned the language on page 2, Section II of the resolution and inquired which condition would be met by the Petitioner. Mr. Feeney stated that it would be paragraph A, which addresses "unimproved" parcels, Discussion on the criteria in this section then took place with Dr. Varner noting that a development in Deerfield which prior to the tax abatement paid $1,000 in taxes and now is paying over $12,000. The Cauncii Attorney noted that the tax abatement ordinance calls for the Council to review its provisions in calendar years ending with an even number. Thus discussions should take place this year on any text amendments to the ordinance. Following discussion, Council Member Kirsits made a motion, seconded by Mr. Wolfson that Bill No. 06-64 be recommended favorably to Council. The motion passed. There being no further business to come before the Committee, Council Member Kuspa adjourned the meeting at 4:10 p.m. Respectfully submitted, Council Member Ervin Kuspa, Member Community and Economic Development Gommittee Attachments