07-26-99 Council Meeting Minutes

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REGULAR MEETING JULY 26, 1999 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 ten (10) 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. sea. 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 /Sean Coleman Member of the Common Council Mr. Bud Frepan, General Manager, Bud's Machine Shop, a division of Dynamic Industries, 23200 Keller Street, South Bend, Indiana, made the presentation for this Resolution. Mr. Frepan asked for the Council's continued support of this project and for the personal and real property tax abatements. A Public Hearing was held on the Resolution at this time. There being no one present wishing to address the Council either in favor of or in opposition to this Resolution, Councilmember Aranowski made a motion to adopt this Resolution No. 2769 -99. Councilmember King seconded the motion which carried and the Resolution was adopted by a roll call vote of seven (7) ayes, with Councilmember Hosinski recusing himself from voting on this matter. Additionally, Councilmember Kelly made a motion to adopt Resolution No. 2770 -99. Councilmember Pfeifer seconded the motion which carried and the Resolution was adopted by a roll call vote of seven (7) ayes, with Councilmember Hosinski recusing himself from voting on the matter. RESOLUTION NO. 2771-99 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3601 WEST MCGILL AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR JRS ENTERPRISES, LLC WHEREAS, a petition for personal property tax abatement consideration has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 3601 West McGill, South Bend, Indiana, and which is more particularly described as follows: A part of the Northeast Quarter of Section 28, Township 38 North, Range 2 East, City of South Bend, St. Joseph County, Indiana, described as follows: Commencing at the Northeast corner of Section 28; thence South 89 °48'05" West along the North line of said Quarter Section a distance of 1305.00 feet; thence South 0 °00'23" West along the centerline of Kenmore Street a distance of 363.70 feet; thence South 9 °59'37" East along said centerline a distance of 486.87 feet to the centerline intersection of Kenmore Street with McGill Street; thence South 80 °00'23" West along the centerline of McGill Street a distance of 303.50 feet; thence North 89 °59'37" West along said centerline a distance of270.66 feet; thenceNorth 0 °00'23" East a distance of 35.00 feet to the North right of way boundary of said McGill Street