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12-13-99 Council Meeting Minutes
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12-13-99 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
12/13/1999
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REGULAR MEETING DECEMBER 13, 1999 <br />SECTION II. The Common Council hereby determines that the property owner is qualified <br />for and is granted Personal Property tax deduction for a period of five (5) years, and further <br />determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City <br />of South Bend and Indiana Code 6- 1.1 -12 et seq. <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 />Councilmember Kelly made motion to hear the substitute version of this bill. Councilmember King <br />seconded the motion which carried by a voice vote of eight (8) ayes. <br />Mr. Rick McKeel, Chief Financial Officer, P.O. Box 71, 324 E. Dewey, Buchanan, Michigan, made <br />the presentation for this Resolution. <br />Mr. McKeel stated that New Carbon Company, Inc. is a manufacturer of Golden Malted Pancake <br />and Waffle Flour products and commercial Waffle Bakers. The company is transferring <br />approximately sixty thousand dollars ($60,000.00) worth of equipment from their Buchanan location <br />to the William Richardson Drive location. This includes drill presses, sand blasters, ovens, <br />materials handling equipment, office furniture and fixtures and all other related equipment. In <br />addition, the company is projecting to purchase between two hundred thousand dollars <br />($200,000.00) to three hundred thousand dollars ($300,000.00) of new equipment. It is estimated <br />that the project will create five (5) to eight (8) new permanent jobs, representing a new annual <br />payroll of two hundred thousand dollars ($200,000.00) to three hundred thousand dollars <br />($300,000.00) per year and will maintain twenty -seven (27) existing jobs representing an annual <br />payroll of eight hundred forty -four thousand nine hundred five ($844,905.00) dollars. Mr. McKeel <br />concluded by stating that they are excited about the growth and development of the business in South <br />Bend. <br />A Public Hearing was held on this 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 Ujdak made a motion to adopt this Resolution as substituted. <br />Councilmember Sniadecki seconded the motion which carried and the Resolution was adopted by <br />a roll call vote of eight (8) ayes. <br />BILL NO. 99 -121 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 2001 WEST <br />WASHINGTON STREET TO BE AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A TEN <br />(10) YEAR REAL PROPERTY TAX ABATEMENT FOR <br />UNIROYAL TECHNOLOGY CORPORATION <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 2001 West <br />Washington Street, South Bend, Indiana, and which is more particularly described as follows: <br />PARCEL I <br />Lots Numbered 67, 68, 69, 70, 71, 72, 73, 74, 75, 76 and 77 as shown on the recorded plat <br />of Clement Studebaker's Oak Grove Subdivision in the City of South Bend, recorded in Plat <br />Book 7, page 4 in the Office of the Recorder of St. Joseph County, Indiana. <br />
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