09-11-06 Community & Economic Committee

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September 11, 2008 Community and Economic Development Committee Page 2 Brian Culp, Corporation Controller for AM General added that they have been growing and need to expand. In response to a questions from Professor Wolfson and Council Member Pfeifer, the petitioners noted that Holladay Properties owns the property and AM General is the lease balder. AM General has asked that union jabs be used on the project and Holladay has a track record of utilizing 80-95% union labor on its projects. Council Member Puzzello made a motion, seconded by Council Member Kuspa that Bill No. 06-93 be recommended favorably to Council. The motion passed. Bill No. 06-94 Five 5 Year Residential Real Pro a Tax Abatement: Council Member Kelly called for a report from the Department of Community and Economic Development on Bill No. 06-94 which is a request for afive-year residential real property tax abatement for the properties located at 1730, 1738, 1746, 1810, 18"18, 1826, 1834, 1833, 1823, '1815, 1807, 1749 Alfton Court and 6125 South Bridgeton Drive filed by ROJO Development, Inc. (Norawood Manor}. Bill Schalliol of the Department of Community and Economic Development reviewed the August 31, 2006 multi-page report (copy attached} which concluded that the petitioner meets the qualifications far an 8-year real property tax abatement under South Bend Municipal Code § 2-77.1 addressing "Single Family Residential Construction". J. Bernard 1=eeney of Lang, Feeney & Associates, Inc. with offices located at 715 South Michigan Street in downtown South Bend made the formal presentation. He Hated that Jack Hickey of ROJO Development, Inc., plans to construct thirteen (13} single-family homes which would have a total project cost of $3,250,000. Each home would be valued at approximately $250,000 and would have taxes abated over the 5-year period of $10,216 for each. The development is located an the southern edge of Kensington Farms. Council Member Kuspa made a motion, seconded by Council Member Puzzello that Bill No. 06-94 be recommended favorably to Council. The motion passed. Bill No. 06 95 Five [5) Year Residential Real Property Tax Abatement. Council Member Ke11y noted that the Council has received a letter dated September 7, 2008 from Bill Schalliol requesting that Bill No. 06-95 be continued until September 25~fi (copy attached).