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REGULAR MEETING AUGUST 9. 1999 <br />of South Bend and Indiana Code 6- 1.1 -12 et sea. <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approved by the Mayor. <br />s /Charlotte Pfeifer <br />Member of the Common Council <br />Mr. Scott Buzzard, Secretary /Controller, 4404 Nimtz Parkway, South Bend, Indiana, made the <br />presentation for this Resolution. Mr. Buzzard thanked the Council for their careful consideration <br />of this Resolution. He stated that they anticipate a twenty per cent (20 %) capacity expansion in their <br />plant totaling $1.3 million dollars. He further noted that their payroll will top at $2.0 million dollars <br />for the year. <br />A Public Hearing was held on the Resolution at this time. <br />There being no one present wishing to speak to the Council either in favor of or in opposition to this <br />Resolution, Councilmember Kelly made a motion to adopt this Resolution. Councilmember King <br />seconded the motion which carried and the Resolution was adopted by a roll call vote of seven (7) <br />ayes. <br />RESOLUTION NO. 2778 -99 A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING <br />CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, <br />INDIANA, COMMONLY KNOWN AS 3801 VOORDE <br />DRIVE, TO BE AN ECONOMIC REVITALIZATION <br />AREA FOR PURPOSES OF A THREE (3) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR KOONTZ- <br />WAGNER ELECTRIC COMPANY, INC. <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas <br />for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 3801 Voorde <br />Drive, South Bend, Indiana, and which is more particularly described as follows: <br />BEG NE COR SHERIDAN & VOORDE DR <br />11.98 AC MORE OR LESS <br />SEC 33 38 2E <br />and which has Key Number 18 -2184- 693814, as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before <br />the Council has been published pursuant to Indiana code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances <br />and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic revitalization <br />area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />