02-26-96 Council Meeting Minutes

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REGULAR MEETING FEBRUARY 26, 1996 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 Personal 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 Personal property tax deduction for a period of five (5) 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. Council Member Coleman made a motion to accept the substitute bill on file with the City Clerk, seconded by Council Member Hosinski. The motion carried. Mike Wojtysiak, CPA, made the presentation for the resolution. He indicated this company produces components for fuel controls for Allied Signal and other manufacturers, and they need to purchase new equipment necessary to maintain quality and productivity. Council Member Coleman made a motion to adopt this resolution, seconded by Council Member Washington. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 2344 -96 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 2200 BLOCK OF SOUTH MEADE STREET, 2100 BLOCK OF WEST INDIANA AVENUE, 1600 BLOCK OF SOUTH PHILLIPA STREET, AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR REAL PROPERTY RESIDENTIAL TAX ABATEMENT FOR BOB LUAN (D.B.A BL BUILDERS) WHEREAS, a petition for real property tax abatement has been 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 1600 block of South Phillipa Street, 2200 Block of South Meade Street, 2100 Block of West Indiana Avenue, South Bend, Indiana, and which are more particularly described as follows: Address Range Legal Description Key Number 2100 Block S. Meade St. Lot 259 Homeland Third Addn. 18 8107 4070 Lot 260 Homeland Third Addn. 18 8107 4069 Lot 261 Homeland Third Addn. 18 8108 4068