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REGULAR MEETING FEBRUARY 11, 2002 <br />Councilmember Varner stated that to the extent that the granting of the tax abatement was granted <br />as a result of an intent expressed by Accuride, the letter received by the Mayor in late November also <br />clearly expressed an intent to close the factory and production facilities. He noted that it has been <br />clearly demonstrated on both parts and the City can feel quite fair about the fact that the City acted <br />in both cases knowing what the intent was. <br />Councilmember Kelly stated that he believes that Councilmember Varner is correct in his assessment <br />in that the intent has been there and has been there for some time and therefore the Council's actions <br />are certainly valid in his view. <br />Council Attorney Kathleen Cekanski - Farrand noted that some amendatory language for Section II <br />and Section III of the Resolution is being offered. City Attorney Chuck Leone suggested that in <br />Section II after the last word in that section the words "prospectively from this date" be added. <br />Councilmember King stated that as he understands it from the documentation provided to the <br />Community and Economic Committee this afternoon, Accuride has remaining taxes to pay which <br />are 2002 taxes payable in 2003, 2003 taxes payable in 2004 and 2004 taxes payable in 2005. <br />Councilmember King questioned if these years should be identified in the Resolution to avoid <br />confusion and offered that the proposed amendment may not provide the clarity sought. <br />City Attorney Chuck Leone agreed with Councilmember King's suggestion to specify the years for <br />which the abatement is revoked which would be 2002 payable 2003, 2003 payable 2004 and 2004 <br />payable 2005 if those in fact are the remaining years. <br />Councilmember King stated that Accuride will not be using any abatement in 2005 but nevertheless <br />the terms of the abatement covered those years. Both Councilmember King and City Attorney <br />Chuck Leone agreed that this language would be acceptable. Mr. Leone also stated that Section III <br />would have the same amendatory language at the end. <br />Councilmember Coleman made a motion to adopt the amendments as offered as follows: <br />In Section II and in Section III, after the last word of each section add the following <br />language: <br />as it effects taxes due in 2002 payable in 2003, taxes due in 2003 <br />payable in 2004 and taxes due in 2004 payable in 2005. <br />Councilmember King seconded the motion which carried by a voice vote of seven (7) ayes. <br />Councilmember Varner made a motion to adopt this Resolution as amended. Councilmember King <br />seconded the motion which carried by a roll call vote of seven (7) ayes. <br />RESOLUTION NO. 3061 -02 A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS 704,705,719, 720, <br />732, 733, 744, 747, 758, 761, 775, AND 776 ROLAND <br />COURT AS A RESIDENTIALLY DISTRESSED AREA <br />FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL <br />REAL PROPERTY TAX ABATEMENT FOR CITY OF <br />SOUTH BEND BOARD OF PUBLIC WORKS <br />WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement <br />has 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 area commonly known as 704, 705, 719, 720, 732, <br />BE <br />