06-14-04 Council Meetng Minutes - Laserfiche WebLink

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REGULAR MEETING JUNE 14, 2004 SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Personal property tax deduction for a period of five (5) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et seq. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Karen L. White Member of the Common Council Mr. John Cower Vice President, Hubbell Electrical Products, 3902 W. Sample Street, South Bend, Indiana made the presentation for this bill. Mr. Cower stated that Hubbell Electrical Products proposes to purchase manufacturing equipment to relocate a steel box cover line from Arden, North Caroline. This new equipment will allow the South Bend operation to be more flexible and efficient. It is estimated that the total cost of the new equipment will be $5,000,000.00. A Public Hearing was held on the Resolution at this time. Mr. Albert Murphy Jr. no address given, stated that he has lived in South Bend for six years and has four kids invested here. Mr. Murphy asked will the workers will be from the South Bend area? In Rebuttal, Mr. Cower stated that not only a definitive yes, but Hubbell has also started something new. Hubbell actually, about a year ago proposed that since there are a lot of kids here, that graduate from high school, and don't at least immediately go on to college or other education, Hubbell has recruited for some of these jobs at the high school level. Washington High School, South Bend is the first. We are talking about jobs, where kids graduate from high school and can start earning $25,000.00 to $35,000.00 a year. Therefore, to answer the question, yes, the only workers that are not from here happen to live on the Michigan side. Nevertheless, the money is spent here, salaries are spent here and it is mainly a South Bend workforce. There being no one else present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Kuspa made a motion to adopt this Resolution. Councilmember Varner seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes. RESOLUTION NO. 3342 -04 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1218 AND 1226 SOUTH 34TH STREET RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR TIBERIUS MIHALACHE 15