12-19-94 Community & Economic Development

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Committee Report Community and Economic Development December 19, 1994 Page 2 He noted that it is necessary so that equipment could be purchased to be more competitive. In response to a question raised by Council Member Luecke it was noted that the equipment should last at least 10 years. Mr. Luecke stated that he has toured the plant and that he is impressed and that they have been good neighbors. In response to a question raised on truck traffic it was stated that there has been an increase along Angela Blvd. It °1a was further noted that all Tax Abatement reports have been properly filed and are current. Following discussion, Council Member Luecke made a motion, seconded by *ma Council Member Ladewski that Resolution No. 94-118 be recommended favorably to Council. The motion passed. The Committee then reviewed Resolution No. 94-119 which is a 10 year Real Property Tax Abatement request for Heritage Homes Southeast. Mr. Beitzinger reviewed the report from the Community and Economic Development Department dated December 9, 1994 (copy attached) Mr. Jeff Gibney then showed a site plan of the area in question. He noted that there will be 30 two bedroom units, 24 three bedroom units for a total cost of approximately$3.8 million dollars. Council Member Luecke noted that he is an employee of South Bend Heritage and will be the project manager. It was further noted that since the project will be 100%low income and the code only requires 20% that they believe that they meet the special exception requirement.Only local contractors would be used. discussion Council Member Slavinskas made a motion, seconded b Following Y a Council Member Luecke that Resolution No. 94-119 be recommended favorably to Council.The motion passed. iikThe Committee then reviewed Resolution No. 94-120 which is a 3 year Real vim Property Tax Abatement request for 1122 South Main Street. Mr. Beitzinger reviewed the Community and Economic Development report dated December 13, 1994 (copy attached). It was noted that the $29,000.00 figure should be amended. Mr. James Masters the Attorney for the Fire fighters Credit Union made the presentation.He noted that the former Police Credit Union building would be moved to South Main and as a result both the Fire and Police Credit Unions would be next to each other. They received their Charter in 1959. Following discussion, Council Member Luecke made a motion, seconded by Council Member Slavinskas, that Resolution No. 94-120 be recommended favorably to Council. The motion passed. There being no further business to come before the Committee the meeting was adjourned at 5:00 P.M. Respectfully submitted, Council Member Roland Kelly Chairperson,Community and Economic Development Committee