11-10-97 Council Meeting Minutes

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REGULAR MEETING NOVEMBER 10, 1997 WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: 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 three (3) 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- 12.1 et sea. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s /Roland Kelly Member of the Common Council A public hearing was held on the resolution at this time. Bob Price, a representative of Appolo, made the presentation. He advised they need to expand their operation, in order to remain competitive. Council Member Coleman made a motion to adopt this resolution, seconded by Council Member Aranowski. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 2522 -97 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND CONFIRMING RESOLUTION NO. 2519 -97 DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS THE COLLEGE FOOTBALL HALL OF FAME, CENTURY CENTER, COVELESKI STADIUM, MORRIS CIVIC AUDITORIUM /PALAIS BALLROOM AND STUDEBAKER NATIONAL MUSEUM AS A PROFESSIONAL SPORTS DEVELOPMENT AREA WHEREAS, the Common Council of the City of South Bend, Indiana, approved and adopted Resolution No. 2519 -97 designating certain areas within the City, described below, commonly known as the College Football Hall of Fame, Century Center, Stanley Coveleski Stadium, Morris Civic Auditorium /Palais Ballroom, and Studebaker National Museum as the South Bend Professional Sports Development Area, and establishing a Tax Area for purposes of allocating Covered Taxes. The College Football Hall of Fame Lots 44, 45, 46 and vacated East /West alley located in the Northwest 1/4 of Section 12, Township 37 North, Range 2 East, City of South Bend, Portage Township, St. Joseph County, Indiana. More particularly described as follows: Commencing at the Northwest corner of Section 12, Top. 37N, R.2E; thence South 1230' (feet) to the Northwest corner of