05-24-04 Council Meetng Minutes - Laserfiche WebLink

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REGULAR MEETING MAY 24, 2004 Presented by me to the Mayor of the City of South Bend, Indiana on the A �h day of M�, 2 dQ ` � at 2 o'clock —IL:.-. m. s /Janice Talboom, Deputy City Clerk Approved and signed by me on the a5 day of ff7n 14 2 oo , at_V o'clock �. m. s /Stephen J. Luecke, Mayor, City of South Bend, Indiana Councilmember Kelly, Chairperson, Community and Economic Development Committee, reported that this committee held a Public Hearing on this bill this afternoon and voted to send it to the full Council with a favorable recommendation. Mr. Kenneth Fedder, Attorney at Law, 53600 Ironwood Dr. South Bend, Indiana, Counsel for the South Bend Economic Development Commission, made the presentation for this bill. Mr. Fedder advised that this resolution serves as an inducement resolution for a project proposed to be located near the Michiana Regional Airport. The Project consists of the construction of a new airfreight terminal to serve operations of Airborne/DHL at the airport. The project will retain 88 jobs presently at the airport and result in an increase of approximately five jobs. The project qualifies for tax exempt financing because it is an airport- related facility. Mr. Fedder reiterated that the City would bear no responsibility, financial or otherwise, for the borrowing and would serve only as the conduit issuer of the bonds for purposes of securing the tax - exempt status for the bonds. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Pfeifer made a motion to adopt this Resolution. Councilmember Coleman seconded the motion which carried and the Resolution was adopted by a roll call vote of nine (9) ayes. BILLS, FIRST READING There were no bills to come before the Council for first reading at this time. UNFINISHED BUSINESS REPORTS FROM THE AREA PLAN COMMISSION: It is noted that the Council is in receipt of a recommendation from the Area Plan Commission of St. Joseph County, for the following ordinances based on their Public Hearing held on May 18, 2004: BILL NO. 28-04 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, ANNEXING TO AND BRINGING WITHIN THE CITY LIMITS OF SOUTH BEND, INDIANA, AND AMENDING THE ZONING ORDINANCE FOR CERTAIN LAND IN GERMAN TOWNSHIP CONTIGUOUS THEREWITH; (STEVE & JEAN COOREMAN) (21300 BLOCK OF CLEVELAND ROAD & 52804 LYNNEWOOD AVENUE, SOUTH BEND, INDIANA 46628) 21