06-24-96 Council Meeting Minutes

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REGULAR MEETING JUNE 24, 1996 A public hearing was held on the resolution at this time. Council Member Coleman reported that the Community and Economic Development Committee met on this bill and recommends it to the Council favorable. Randy Shrum, Schmanski & Company, made the presentation for these Resolution, He indicated Sm.Or. Cases, Inc., is the manufacturer of soft cases for medical, electronic and musical instruments as well as golf bags and garment bags. He indicated they planned to construct an addition to their building and purchase new equipment. He reported that the equipment will cost $58,000.00 with a total project cost of $158,000, and eleven new full times jobs will be created in the first year. He noted that he had an amendment to Bill No. 96 -68 and Council Attorney Kathleen Cekanski - Farrand read into the record the following language to be added as a new Section 6: SECTION VI. Pursuant to Section 2 -84 of the South Bend Municipal Code entitled Council's Authority to Enlarge Real Property Tax Abatement General Standards, the Council declares an exception to its local guidelines in compliance that 1) the petitioner meets 86% of his square footage requirements for a three (3) year real property tax abatement and 2) that without tax abatement it would cause a financial difficulty with regard to financing whereby the business could not go forward. Council Member Coleman made a motion to accept the amendment as proposed, seconded by Council Member Washington. The motion carried. Council Member Coleman made a motion that Resolution No. 2378 -96 be adopted, seconded by Council Member Varner. The resolution was adopted by a roll call vote of seven ayes. Council Member Coleman made a motion that Resolution No. 2379 -96 be adopted, as amended, seconded by Council Member Zakrzewski. The resolution was adopted by a roll call vote of seven ayes. RESOLUTION NO. 2380 -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 LOT 14 TOLL ROAD INDUSTRIAL PARK AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR THOMAS E. LOWE 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 area commonly known as Lot 14 Toll Road Industrial Park, South Bend, Indiana, and which is more particularly described as follows: LOT 14 TOLL ROAD INDUSTRIAL PARK and which has Key Number 23- 1013 - 021111, be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1 et sea. and South Bend Municipal Code Sections 2 -76 et seg., and; WHEREAS, the Department of Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, et.sea., 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 area in question as required by law; and WHEREAS, the Human Resources and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the Citv of South Bend. Indiana. as follows: 1 1