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REGULAR MEETING FEBRUARY 23 2004 <br /> equipment. The total estimated cost of the new equipment will be approximately$1.5 to $4.0 <br /> million. Mr. Deal also indicated that the project will create four(4) new pemianent jobs within <br /> the first year, representing a new annual payroll of$116,000, and will help retain two hundred <br /> and forty two (242) currents jobs, representing a payroll of$8,800,000. <br /> Mr. Robert Strzelecki, Corporate Controller, Lock Joint Tube was also present to answer <br /> questions. <br /> A Public Hearing was held on the Resolution at this time. <br /> There was no one present wishing to speak to the Council either in favor of or in opposition to <br /> this resolution. <br /> Councilmember Coleman made a motion to adopt this Resolution as substituted. <br /> Councilmember Kelly seconded the motion which carried and the Resolution was adopted by a <br /> roll call vote of eight (8) ayes. <br /> RESOLUTION NO. 3307-04 A RESOLUTION OF THE COMMON COUNCIL OF <br /> CITY OF SOUTH BEND DESIGNATING CERTAIN <br /> AREAS WITHIN THE CITY OF SOUTH BEND, <br /> INDIANA, COMMONLY KNOWN AS 2309, 2315, 2503, <br /> 2513, 2525, 2537, 2603, 2310, 2402, 2432, 2502, 2512, <br /> 2524, 2536, 2548, 2608 AND 2620 EMERSON FOREST <br /> PARKWAY AS A RESIDENTIALLY DISTRESSED <br /> AREA FOR PURPOSES OF A FIVE (5) YEAR <br /> RESIDENTIAL REAL PROPERTY TAX ABATEMENT <br /> FOR WOODHAVEN, LLC <br /> WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement has <br /> been submitted to and filed with the City Clerk for consideration by the Common Council of the <br /> City of South Bend, Indiana requesting that the areas commonly known as 2309, 2315, 2503, <br /> 2513, 2525, 2537, 2603, 2310, 2402, 2432, 2502, 2512, 2524, 2536, 2548, 2608 and 2620 <br /> Emerson Forest Parkway, South Bend, Indiana, and which are more particularly described as <br /> follows: <br /> Street Address Legal Description Key Number <br /> 2309 Emerson Forest Parkway Lot#9 Emerson Forest Section One 18-8154-5545-34 <br /> 2315 Emerson Forest Parkway Lot#11 Emerson Forest Section One 18-8154-5545-32 <br /> 2503 Emerson Forest Parkway Lot#48 Emerson Forest Section One 18-8154-5545-27 <br /> 2513 Emerson Forest Parkway Lot#49 Emerson Forest Section One 18-8154-5545-26 <br /> 2525 Emerson Forest Parkway Lot#50 Emerson Forest Section One 18-8154-5545-25 <br /> 2537 Emerson Forest Parkway Lot#51 Emerson Forest Section One 18-8154-5545-24 <br /> 2603 Emerson Forest Parkway Lot#52 Emerson Forest Section One 18-8154-5545-23 <br /> 2310 Emerson Forest Parkway Lot#159 Emerson Forest Section One 18-8154-5545-06 <br /> 2402 Emerson Forest Parkway Lot#160 Emerson Forest Section One 18-8154-5545-07 <br /> 2432 Emerson Forest Parkway Lot#163 Emerson Forest Section One 18-8154-5545-10 <br /> 2502 Emerson Forest Parkway Lot#195 Emerson Forest Section One 18-8154-5545-11 <br /> 2512 Emerson Forest Parkway Lot#196 Emerson Forest Section One 18-8154-5545-12 <br /> 2524 Emerson Forest Parkway Lot#197 Emerson Forest Section One 18-8154-5545-13 <br /> 2536 Emerson Forest Parkway Lot#198 Emerson Forest Section One 18-8154-5545-14 <br /> 2548 Emerson Forest Parkway Lot#199 Emerson Forest Section One 18-8154-5545-15 <br /> 2608 Emerson Forest Parkway Lot#201 Emerson Forest Section One 18-8154-5545-17 <br /> 2620 Emerson Forest Parkway Lot#202 Emerson Forest Section One 18-8154-5545-18 <br /> -11- <br />