06-10-02 Council Meeting Minutes

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REGULAR MEETING JUNE 10, 2002 consideration, the Common Council of the City of South Bend, Indiana, hereby rescinds Resolution No. 3090 -02 which was the Declaratory Resolution on the property located at 237 North Michigan Street, which declared said property an economic revitalization area for purposes of a ten (10) year real property tax abatement for LaSalle Property Management Co., Inc. at the Council's April 22, 2002 meeting. Section II. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Roland Kelly Member of the Common Council Councilmember King reported that the Community and Economic Development Committee conducted a Public Hearing on this bill this afternoon and voted to send it to the full Council with a favorable recommendation. Councilmember King made the presentation for this Resolution. He noted that as a point of clarification this Resolution, which rescinds the Declaratory Resolution for the tax abatement, does not imply that there was anything defective about the original Resolution or wrong with the petition or the project. He explained that the Confirming Resolution would have been acted on today. However, the petitioner felt that the project was not at the point where it was fair to move forward and therefore voluntarily withdrew the petition before the Council could act on the Confirming Resolution. The Community and Economic Development Committee felt that it was not wise to have a designating or declaratory Resolution in the records when there was not going to be a Confirming Resolution at any time that could be predicted. Councilmember King noted that the petitioner will ask the Council to consider the petition again in the future when the project is in a condition that he wants to carry forward. However, in the meantime, the Committee suggested that , the designating Resolution be rescinded in order to not leave a loose end. 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 King 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 BILL NO. 41 -02 FIRST READING ON A BILL TO VACATE THE FOLLOWING DESCRIBED PROPERTY: VORDEN COURT FROM THE EAST LINE OF LOT 5, BW BUSINESS PARK SUBDIVISION, RECORDED MARCH 16, 2001 AS INSTRUMENT NUMBER 0111166, TO THE END OF THE STREET FOR A DISTANCE 700 FEET AND A WIDTH OF 60 FEET. THE VACATION INCLUDES THE 60 FOOT RADIUS CUL -DE -SAC. BEING A PART OF BW BUSINESS PARK SUBDIVISION, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA This bill had first reading. Councilmember Varner made a motion to refer this bill to the Public Works and Property Vacation Committee and set it for Public Hearing and Third Reading on June 24, 2002. Councilmember Coleman seconded the motion which carried by a voice vote of nine (9) ayes. -16-