05-14-01 Council Meeting Minutes

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REGULAR MEETING MAY 14, 2001 Meghan Beeler Court, South Bend, Indiana, and which is more particularly described as follows: THAT PART OF THE NORTHWEST QUARTER OF SECTION 21, TOWNSHIP 38 NORTH, RANGE 2 EAST, GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS DESCRIBED AS: LOT 7A OF THE PLAT OF "WEST CLEVELAND ROAD INDUSTRIAL PARK, SECTION TWO" AS RECORDED BY DOCUMENT NO 9818753 IN THE RECORDS OF THE ST. JOSEPH COUNTY, INDIANA RECORDER'S OFFICE, CONTAINING 5.30 ACRES MORE OR LESS. SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS AND RESTRICTIONS OF RECORD and which has Key Number 25 -1013- 020710, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana code 6- 1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of THREE (3) 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. se g. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. s /Charlotte Pfeifer Member of the Common Council Mr. Michael Wojtysiak, 112 West Jefferson Boulevard, Suite 509, South Bend, Indiana, made the presentation for this Resolution. Mr. Wojtysiak stated that Bee Deb LLC is constructing an industrial building of seventeen thousand eight hundred twenty (17,820) square feet at a cost of seven hundred twenty thousand dollars ($720,000.00). One half (1 /2) of this building will be occupied by Tatay Well Drilling. The new building will allow them to create two (2) new jobs with a new annual payroll of sixty thousand dollars ($60,000.00) and maintain an annual payroll of five hundred thousand ($500,000.00). Additionally, a new manufacturing company has been secured to rent part of this building and this employer will create four (4) new jobs within the first year with an annual payroll of two hundred thousand dollars ($200,000.00). A Public Hearing was held on the Resolution at this time. There was no one present wishing to speak to the Council either in favor of or in opposition to this Resolution