09-23-96 Council Meeting Minutes

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REGULAR MEETING SEPTEMBER 23, 1996 for Real Property Tax Abatement Consideration and that the Statement of Benefits form prescribed by the State Board of Accounts are sufficient to justify the deduction granted under Indiana Code 6 -1.1- 12.1 -3. SECTION IV. The Common Council hereby accepts the report and recommendation of the Human Resources and Economic Development Committee that the area herein described be designated an Economic Revitalization Area and hereby adopts a Resolution designating this area as an Economic Revitalization Area for purposes of real property tax abatement. SECTION V. The designation as an Economic Revitalization Area shall be limited to two (2) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION VI. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of three (3) years. 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. /s/ Roland Kelly Member of the Common Council A public hearing was held on the resolution at this time. Council Member Coleman reported that the Community and Economic Development Committee had met on this bill and recommended it to the Council favorable. Stephen Van Tongeren, national sales manager, made the presentation for the resolution. He indicated Elumatec is the US sales, service and distribution hub for Eugen Lutz located in Germany. He reported that Eugen Lutz produces industrial saws, drills and other processing machinery for aluminum and vinyl extrusions. He indicated they planned to construction a 25,000 distribution center. Council Member Coleman made a motion to adopt the resolution, seconded by Council Member Washington. The resolution was adopted by a roll call vote of seven ayes. RESOLUTION NO. 2509 -96 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA CONCERNING THE ACQUISITION BY LEASE OF CERTAIN EQUIPMENT ESSENTIAL TO THE OPERATIONS OF THE CITY Whereas, the Common Council of the City of South Bend, Indiana, has determined that a true and very real need exists for the acquisition of the Equipment described in the Governmental Lease - purchase Master Agreement ( "Lease Agreement ") between Northwest Investment Services, Inc. ( "Lessor ") and the City of South Bend, Indiana ( "Lessee ") presented to the Common Council at the meeting of the Common Council on the date noted hereinbelow; and Whereas, the Common Council of the City of South Bend, Indiana has determined that the Board of Park Commissioners of the City of South Bend, Indiana has taken the necessary legal steps, including satisfaction of any bidding requirements, under Indiana law to arrange for the acquisition of the Equipment. NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE