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04-22-02 Council Meeting Minutes
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04-22-02 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
4/22/2002
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REGULAR MEETING <br />APRIL 22, 2002 <br />Mr. Patrick McMahon, Executive Director, Project Future, 401 East Colfax Avenue, South Bend, <br />Indiana, spoke in favor of this project and congratulated the City Council and the City of South Bend <br />on what is a huge redevelopment of a massive area in the Studebaker Corridor and the Urban <br />Enterprise Zone. He noted that this project will have tremendous benefits for the neighborhood and <br />the community as a whole. <br />There was no one else present wishing to speak in favor of this bill and there was no one present <br />wishing to speak in opposition to this bill. <br />Councilmember Pfeifer thanked Mr. McMahon. She noted that many times individuals think that <br />Project Future only brings businesses to the outskirts and she thanked him for bringing this project <br />to the inter City. <br />Therefore, Councilmember Pfeifer made a motion to adopt this Resolution. Councilmember <br />Coleman seconded the motion. <br />Councilmember Varner commented that the importance of this project is not the tax abatement <br />granted but the fact that over the next ten (10) years there will be $2.5 million dollars in property <br />taxes paid on a piece of land that is essentially producing much smaller amounts at this point in time. <br />Councilmember Varner stated that the City is always looking for development like this and if the <br />petitioner has the opportunity to spread the good word it would be appreciated. <br />The motion carried by a roll call vote of eight (8) ayes. <br />RESOLUTION NO. 3090 -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 237 NORTH <br />MICHIGAN STREET AN ECONOMIC REVITALIZATION <br />AREA FOR PURPOSES OF A TEN (10) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR LASALLE <br />PROPERTY MANAGEMENT CO., LLC. <br />WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for <br />consideration by the Common Council of the City of South Bend, Indiana requesting that the area <br />commonly known as 237 N. Michigan Street, South Bend, Indiana, and which is more particularly <br />described as follows: <br />All of Lots Numbered One (1), Two (2); also, Lot Numbered Three <br />(3) all as shown on the Original Plat of the Town, now City of South <br />Bend EXCEPTING THEREFROM the following described real <br />estate: commencing at a point 7 feet South of the Southeast corner of <br />Lot Numbered Three (3); thence North 39.55 feet to a point on the <br />East line of said Lot Numbered Three (3); thence West 172.88 feet, <br />more or less, to the center line of a 14 foot public alley; thence South <br />along the center line of said alley, 39.3 feet, more or less, to the center <br />line of a public alley; thence East along the center line of said public <br />alley to the point of beginning. <br />and which has Key Numbers 18- 1002 -0041 and 18- 1002 -0042, be designated as an Economic <br />Revitalization Area under the provisions of Indiana Code 6 -1.1 -12.1 et seq., and South Bend <br />Municipal Code Sections 2 -76 et. se . and; <br />-20- <br />
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