04-08-19 Council Minutes - Laserfiche WebLink

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REGULAR MEETING April 8, 2019 this. These have good wages, and these are solid warehousing logistics jobs. They have a great organization with great retention. As Councilmember Broden noted, this is one (1) of our community members with a great track record. We've done other successful incentives and abatements with them in the past. The second (2nd) is the same company, different name. CBK Land Development is the land-owning entity associated with Chase Plastics which owns the property and building which will house the aforementioned equipment. There will be$3.5 million investment in this 80,000 square foot expansion that will add,again, additional warehousing,truck docking, and so on and so forth. Michael Hall is here as the petitioner. Michael Hall, 5245 Dylan Drive, South Bend, IN, served as the petitioner for this bill. Mr. Hall stated, First (1St) off, thank you for this opportunity and we would love your support. Without the tax abatement, we need it now. We are actually diverting some of the storage we have to other regions of the United States just because we physically did not have the room. So, these tax abatements will help us greatly in terms of our positive cash flow, which we are turning around and investing with additional jobs and keeping our wages at what we call a market plus.An 80,000 square foot facility,the contract has been awarded to a local general contractor who is going to use vendors and local subcontractors for the project. This being the time heretofore set for the Public Hearing on the above bills, proponents and opponents were given an opportunity to be heard. There were none. Councilmember Gavin Ferlic made a motion to adopt Bill No. 19-20. Councilmember John Voorde seconded this motion which carried by a roll call vote of eight(8)ayes(Councilmember Tim Scott abstained). Councilmember Gavin Ferlic made a motion to adopt Bill No. 19-24.Councilmember John Voorde seconded this motion which carried by a roll call vote of eight(8) ayes(Councilmember Tim Scott abstained). 19-22 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4373 AMERITECH DRIVE, SOUTH BEND, IN 46628 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SEVEN (7)YEAR REAL PROPERTY TAX ABATEMENT FOR HOPKINS PROPERTIES OF SOUTH BEND, LLC Councilmember Gavin Ferlic, chair of the Community Investment Committee, reported that they met this afternoon and send this bill forward with a favorable recommendation. Dan Buckenmeyer, Director of Business Development for the Department of Community Investment with offices located on the 14th floor of the County-City Building, South Bend, IN, served as the presenter for this bill. Mr. Buckenmeyer stated, The recipient of this abatement is Hopkins Properties, also known as Truck Centers INC, (TCI) and formally know as Hill Truck Center down on Sample Street. So, this is an exciting expansion and relocation of another long- time South Bend company. They presently are located right next to our Central Services building on Sample Street. They are moving to a great location for their business, right at the corner of Routes 31 and 80,the bypass and the tollway,where they will have great visibility and opportunity to capture that truck traffic as a dealer in new trucks and a repair center for trucks. It is a significant investment. It is almost an $18 million investment. It will be a 100,000 square foot facility. They will retain forty-two (42) jobs and they will add thirty (30) new jobs. Again, these are of very desirable pay. There is a range of fifteen to twenty-five dollars per hour($15 - $25/hour). This is a great opportunity for the City of South Bend. It takes an otherwise simply wooded corner and turns it into something pretty special that many passersby will see as they come into our City. The petitioner, Mr. John Hopkins who is the Chairman and CEO, is in from their headquarters in Illinois and then Tyler Yates is a VP and heads up the South Bend location. 9