10-28-96 Council Meeting Minutes

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REGULAR MEETING OCTOBER 28, 1996 requirements of Indiana Code 6- 1.1- 12.1 -3. SECTION III. The Common Coun the proposed described redeve reasonably expected to yield of Benefits set forth as Sect for Real Property Tax Abateme Statement of Benefits form pr Accounts are sufficient to ju Indiana Code 6 -1.1- 12.1 -3. SECTION IV. The Common Counc. recommendation of the Human Ri Committee that the area hereii Economic Revitalization Area , designating this area as an Ei purposes of real property tax it hereby determines and finds that opment or rehabilitation can be enefits identified in the Statement ons I through II of the Petition t Consideration and that the scribed by the State Board of tify the deduction granted under it hereby accepts the report and Bsources and Economic Development a described be designated an and hereby adopts a Resolution ,-onomic Revitalization Area for 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 Counc'1 hereby determines that the property owner is qualified f r and is granted property tax deduction for a period of ten (10) years. SECTION VII. The Common Coun notice of the adoption of thi Property Tax Abatement to be 5 -3 -1 and Indiana Code 6-1.1 - notice of the public hearing proposed confirming of said d SECTION VIII. This Resoluti from and after its adoption the Mayor. A public hearing was held on Council Member Coleman report Development Committee had met the _Council favorable. John presentation for the resoluti requesting this abatement in movie theater at a cost of $1 constructed on the former Chi Gallivan, director of.real es would be ten to twelve perman fifteen part -time jobs. Coun Farrand, indicated this resol IV., page 2, by adding a new that the proposed project on special exception provisions South Bend Municipal Code. S a considerable period of time meets the obsolescence criter Zakrzewski made a motion to a Council Member Coleman. The Zakrzewski made a motion to a Council Member Coleman. The call vote of eight ayes and o RESOLUTION NO. 2420 -96 A IN SP SO NECE --il directs the City Clerk to cause s Declaratory Resolution for Real Dublished pursuant to Indiana Code 12.1 -2.5, said publication providing before the Common Council on the aclaration. shall be in full force and effect the Common Council and approval by /s/ Roland Kelly Member of the Common Council he resolution at this time. d that the Community and Economic on this bill and recommended it to eddycord, attorney, made the n. He indicated they were rder to build a sixteen (16) screen ,000,000. He reported this will be pewa outdoor theater property. Bob ate for Kerasotes, indicated there nt jobs created and one hundred and it attorney, Kathleen Cekanski- tion should be amended in Section entence "The Council further finds he subject real estate meets the et forth in Section 2 -84 of the id real estate has been vacant for is undeveloped, underutilized, and a of State law." Council Member cept the amendment, seconded by potion carried. Council Member .opt the resolution, seconded by esolution was adopted by a roll .e nay (Council Member Luecke.) OLUTION OF THE SOUTH BEND COMMON IL DETERMINING, AFTER TIGATION, THAT THE LEASE OF OFFICE FOR THE OFFICES OF THE CITY OF BEND DEPARTMENT OF ECONOMIC OPMENT, DIVISION OF PLANNING IS SARY 1 Ll 1