07-28-97 Council Meeting Minutes

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REGULAR MINUTES JULY 28, 1997 SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana Code 5 -3 -1 and Indiana Code 6 -1.1- 12.1 -2.5, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. lsl Roland Keller Member of the Common Council A public hearing was held on the resolutions at this time. Council Member Broden reported that the Community and Economic Development Committee had met on these resolutions and recommended them to the Council favorable. Jerry Lerman, vice president and general counsel, made the presentations for the resolutions. He reported they presently have 393 employees, making them one of the largest steel service centers in the county. He indicated they plan to enlarge their facility in order to maintain a competitive edge in the industry. He noted they will add five additional employees. Council Member Varner made a motion to adopt Resolution No. 2490 -97, seconded by Council Member Aranowski. The resolution was adopted by a roll call vote of nine ayes. Council Member Varner made a motion to adopt Resolution No. 2491 -97, seconded by Council Member Broden. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 2492 -97 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 204 & 210 NORTH SUMMIT DRIVE AND 5140, 5141 & 5202 WINDFALL DRIVE AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR REAL PROPERTY RESIDENTIAL TAX ABATEMENT FOR DAVE AND LOIS COKER WHEREAS, a Statement of Benefits and a petition for real property tax abatement has been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the areas commonly known as 204 & 210 North Summit Drive 5140, 5141 & 5202 Windfall Drive, South Bend, Indiana, and which are more particularly described as follows: 204 North Summit Drive Lot 168 Mayflower Add. Sec. 8 210 North Summit Drive Lot 169 Mayflower Add. Sec. 8 5140 Windfall Drive Lot 174 Mayflower Add. Sec. 8 5141 Windfall Drive Lot 2 John Carroll's Minor 5202 Windfall Drive Lot 174 Mayflower Add. Sec. 8 which has tax key number 18- 4129 - 5043.87, 18- 4129 - 5043.86, 18- 4129- 5043.85, 18- 4129 - 5043.80, 18- 4129 - 5043.84, be designated as Residentially Distressed Areas under the provisions of Indiana Code 6 -1.1 -12.1 et secs., and South Bend Municipal Code Sections 2 -76 et sea., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the areas qualify as Residentially Distressed Areas under Indiana Code 6- 1.1 -12.1, et seq., and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared maps and plats showing the boundaries and such other information regarding the areas in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the