11-22-99 Community & Economic Development

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Community and Economic Development Committee November 22, 1999 Page 2 Council Member King made a motion, seconded by Council Member Sniadecki that Bill No. 99-99 be recommended favorably to Council. The motion passed. Beth Leonard then reviewed Bill No. 100-99 which would appropriate$ 81,964 from the Economic Development State Grant Fund for the purpose of assisting in the support of the Division of Business Assistance's Administrative Budget. This appropriation was discussed at the budget meetings held earlier this year. Council Member Sniadecki made a motion, seconded by Council Member King that Bill No. 100-99 be recommended favorably to Council. The motion passed. Beth Leonard then reviewed Bill No. 101-99 which would appropriate$ 130,000 within the UDAG Fund of the Department of Economic Development for the purpose of providing administrative support to the Department of Community and Economic Development. This appropriation was also discussed at the budget meetings held earlier this year. Council Member Sniadecki made a motion, seconded by Council Member King that Bill No. 101-99 be recommended favorably to Council. The motion passed. Ken Fedder then requested that Bill No. 103-99 be continued until the December 13, 1999 meeting. He explained that a public hearing must take place on December 3, 1999,before the Economic Development Commission. He would therefore like to have a special meeting of the Common Council for December 3rd for action on the various required documents for Rink Riverside Printing, Inc. He noted that it would be for the equipment. The bonds would be pre-purchased and the closing must take place before December 10th. Following discussion, Council Member Sniadecki made a motion, seconded by Council Member King that a special Common Council meeting take place on December 3rd in the Council Informal meeting room for this project. The motion passed. The Committee then reviewed Substitute Bill No. 99-117 which would confirm the adoption of a declaratory resolution for American Home Dreams,Inc. and the South Bend Redevelopment Commission. Mike Beitzinger made the presentation. He reviewed his report dated November 8, 1999 (copy attached) and noted that the measure corrects the legal descriptions and addresses resulting from the replat of the project area. Jon Hunt noted for the record that he is a board member of American Home Dreams,Inc. Following discussion, Council Member King made a motion, seconded by Council Member Sniadecki that substitute Bill No. 99-117 be recommended favorably to Council. The motion passed. The Committee then reviewed Bill No. 99-118 which is a ten (10) year tax abatement request for the property located at 2001 West Washington Street for Uniroyal Technology Corporation. Cassandra Phillips reviewed the November 16, 1999 report (copy attached) which concluded that the petitioner qualifies for the ten(10)year real property tax abatement.