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REGULAR MEETING <br />OCTOBER 11, 1999 <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization 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 />SECTION I. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for the purposes of tax <br />abatement. Such designation is for Personal Property tax abatement only and is limited to two <br />(2) calendar years from the date of adoption of the Declaratory Resolution by the Common <br />Council. <br />SECTION II. The Common Council hereby determines that the property owner is <br />qualified for and is granted Personal Property tax deduction for a period of five (5) years, and <br />further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of <br />the City 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 /Sean Coleman <br />Member of the Common Council <br />Mr. Bill McGlone, 4516 Hickory Road, Mishawaka, Indiana, made the presentation for this <br />Resolution. <br />Mr. McGlone informed the Council that Maverick Packaging manufactures and packages hair <br />and body care products for the hotel amenities industry. The tax abatement is requested for new <br />equipment which will help them keep up with demand and which they hope will add more <br />employees to the company. <br />A Public Hearing was held on this Resolution at this time. <br />There was no one present wishing to speak to the Council either in favor of or in opposition to <br />this Resolution. <br />Therefore, Councilmember Hosinski made a motion to adopt this Resolution. Councilmember <br />Sniadecki seconded the motion which carried and the Resolution was adopted by a roll call vote <br />of nine (9) ayes. <br />RESOLUTION NO. 2796-99 A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING <br />CERTAIN AREAS WITHIN THE CITY OF SOUTH <br />BEND, INDIANA, COMMONLY KNOWN AS 515 <br />WEST IRELAND ROAD, SOUTH BEND, INDIANA, <br />TO BE AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A FIVE (5) YEAR PERSONAL <br />PROPERTY TAX ABATEMENT FOR LOCK JOINT <br />TUBE, INC./KEYCORP. CAPITAL LEASING /STEEL <br />WAREHOUSE CO., 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 <br />Areas for the purpose of tax abatement consideration; and <br />