12-09-19 Council Minutes - Laserfiche WebLink

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REGULAR MEETING December 9, 2019 REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR TOYO SEIKO NORTH AMERICA, INC Mr. Buckenmeyer stated, Toyo Seiko has been in the South Bend area for a while now, several years now. We've been working with them for a year or so now at least. So, just looking at different locations throughout the City and so on and what is optimal based on their needs and so on. In working with them, and then working with Cressy Everett, we've landed here, right here at the Blue Herring, if you will, North of the airport and like the Blackthorn development. What we're looking at is about a 26,000 square foot facility. I'll let them describe what they do there and so on, but the facility being built with expansion opportunities in mind. So, a little over $1.5 million in private investment. They have four (4) retained, and one (1) new job. They do mostly warehouse. Their manufacturing is not I guess human capital intensive. It is common and combined with warehousing so they're at a low human resource need for what they do. Presently the property is only paying about five thousand dollars ($5,000) in taxes over the course of the six (6) years of the phase in, they will pay sixty-six thousand ($66,000), but we anticipate that they'll be paying somewhere in the neighborhood of forty thousand dollars ($40,000) on that same property in subsequent years. So, Larry and Chota are here from Toyo Seiko. I'll let them say a few words. Councilmember Tim Scott turned to the Council for questions or comments. There were none. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. There were none. Councilmember Jake Teshka made a motion to adopt Bill No. 19-79. The motion was seconded by Councilmember Dr. Oliver Davis and carried with a voice vote of eight (8) ayes. Councilmember John Voorde made a motion to adopt Bill No. 19-81. The motion was seconded by Councilmember Karen White and carried with a voice vote of eight (8) ayes. BILLS ON FIRST READING BILL NO 59-19 FIRST READING ON AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, AMENDING CHAPTER 20, ARTICLE 10, SECTION 20-114 OF THE SOUTH BEND MUNICIPAL CODE TO FURTHER ADDRESS RESIDENTIAL PARKING ZONE VIOLATIONS Councilmember Jake Teshka made a motion to send Bill No. 56-19 to the Health and Public Safety Committee for second reading and public hearing on January 13, 2019. The motion was seconded by Councilmember Karen White and carried with a voice vote of eight (8) ayes. 60-19 FIRST READING ON AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA RENUMBERING AND AMENDING VARIOUS SECTIONS OF, CHAPTER 14, ARTICLE 15 OF THE SOUTH BEND MUNICIPAL CODE CONCERNING THE REGULATIONS FOR SPECIAL EVENTS ON PUBLIC PROPERTY Councilmember Jake Teshka made a motion to send Bill No. 56-19 to the Health and Public Safety Committee for second reading and public hearing on January 13, 2019. The motion was seconded by Councilmember John Voorde and carried with a voice vote of eight (8) ayes. 21