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04-09-01 Council Meeting Minutes
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04-09-01 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
4/9/2001
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REGULAR MEETING <br />APRIL 9, 2001 <br />The petitioner is an 80 year old South Bend based business, currently employing 294 <br />with an annual payroll in excess of $11,500,000. <br />2. The company completed an expansion of their facility in 2000 and has already more <br />than doubled the 10 new j obs promised in their previous abatement granted in 1999. <br />3. The proximity of the previous project with this project is within two years and the <br />square footage of each project, when combined, exceed the requirements for a 6 year <br />abatement. <br />The Common Council hereby determines that the property owner is qualified for and is granted <br />property tax deduction for a period of six (6) years. <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption <br />of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana <br />Code 5 -3 -1 and Indiana Code 6- 1.1- 12.1 -2.5, said publication providing notice of the public hearing <br />before the Common Council on the proposed confirming of said declaration. <br />SECTION VIII. This Resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approval by the Mayor. <br />s /Charlotte Pfeifer <br />Member of the Common Council <br />Councilmember Kelly reported that the Community and Economic Development Committee met <br />on this bill and recommends this Resolution to the Council favorably, as substituted. <br />Councilmember Coleman made motion to consider the substitute version of this bill. <br />Councilmember Varner seconded the motion which carried by a voice vote of nine (9) ayes. <br />Mr. Richard Pfeil, 3801 Voorde Drive, South Bend, Indiana, made the presentation for this <br />Resolution. <br />Mr. Pfeil informed the Council that Koontz Wagner Electric Company was started by Mr. Koontz <br />on Cushing Street in 1921. He noted that they completed a program about a year ago with an <br />addition to the east side of their Voorde complex. They now need to expand again and will then <br />have a complex of about twenty -five thousand (25,000) square feet. He further noted that they will <br />be building packaged control rooms and their main customer for this product is General Electric in <br />New York. Mr. Pfeil noted that they started out this project with Phase I with the idea that they <br />would add about ten (10) people for two hundred thirty -four thousand ($234,000.00) dollars in <br />additional payroll. It now appears that they will add forty (40) jobs for $1 million dollars worth <br />of additional payroll. Since these projects are in proximity to one another and the total is twenty - <br />five thousand (25,000) square feet and the economic impact is $1 million dollars, they request a six <br />(6) year tax abatement on the project. <br />A Public Hearing was held on the Resolution at this time. <br />There was no one present wishing to speak to the Council either in favor of or in opposition to this <br />Resolution. <br />Councilmember Coleman pointed out that this is a special exception as Mr. Pfeil has outlined the <br />specific reasons for the request in extending the tax abatement from three (3) to six (6) years owing <br />to its origin as part of a first phase that had already been completed. <br />Councilmember Coleman made a motion to adopt this Resolution as substituted. Councilmember <br />King seconded the motion which carried and the Resolution was adopted by a roll call vote of nine <br />(9) ayes. <br />
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