06-24-96 Council Meeting Minutes

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REGULAR MEETING described as follows: JUNE 24, 1996 Lot A Monroe Sample Replat Lot B Monroe Sample Replat Lot G Monroe Sample Replat Lot E Monroe Sample Replat Lot F Monroe Sample Replat with said real estate having the following Key No. 18- 3025 -0910, 18- 3021 -0793, 18- 3024 - 090101, 18- 3025 -0912, 18- 3092 -3513, 18- 3025- 090401, as an Economic Revitalization Area; and 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 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 this Resolution at this time. Mr. Mike Wojysiak, CPA, made the presentation for the resolution. He indicated that seven new machines will be purchased, and six new permanent jobs will be created. Mr. Forrest Bedke, South Bend Community School Corporation, indicated he had a memorandum from Mr. Bruce N. Stahly, Executive Director, South Bend Community School Corporation. Mr. Bedke read the memorandum and submitted it to the Council. Mr. Stahley's memo thanks the Council for notifying them of these abatements and complying with Indiana Code. He indicated that he is sure the Council has provided them with the proper information according to the statute but it does not include the actual amount of abatement being requested. Council Member Washington made a motion to adopt this Resolution, seconded by Council Member Zakrzewski. The resolution was adopted by a roll call vote of seven ayes. Council Member Zakrzewski made a motion to combine the public hearings on the next two resolutions, seconded by Council Member Coleman. The motion carried. RESOLUTION NO. 2371 -96 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING 1 1 I�