01-09-95 Council Meeting Minutes

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REGULAR MEETING reasonable for projects of this nature; JANUARY 19, 1994 C: That the estimate of the number of individuals who will be employed or whose employment will be retained by the Petitioner can reasonably be expected to result from the proposed described redevelopment or rehabilitation; E. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment or rehabilitation; F. That the totality of benefits is sufficient to justify the requested deduction, all of which satisfy the requirements of Indiana Code 6 -1.1- 12.1 -3; and G. That the petition qualifies as a special exception under Section 2 -84 of the South Bend Municipal Code since there is limited access to the property, since the area surrounding the office park is 50% ravine, and since the property adjacent to the office park has caused substantial difficulty for development. SECTION III. The Common Council hereby determines and finds that the proposed described redevelopment or rehabilitation can be reasonably expected to yield benefits identified in the Statement of Benefits set forth as Sections I through II of the Petition 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 ten (10) 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/ Eugene Ladewski Member of the Common Council A public hearing was held on the resolution at this time. Council Member Kelly reported that the Community and Economic Development Committee had met on this bill and recommended it to the Council favorable. He made a motion to amend this resolution in Section 2, paragraph E, by striking "and" and in Section F strike the period and make it a semi - colon, add a new paragraph G that read - "That the petition qualifies as a special exception under Section 2 -84 of the South Bend Municipal Code since there is limited access to the property, since the area surrounding the office park is 50% ravine, and since the property adjacent to the office park has caused substantial difficulty for development. ", seconded by Council Member Coleman. The motion carried. John Gould, petitioner, made the presentation for the bill. He indicated he was the owner of Viridian Office Park, and plans to construct four 2,500 square foot class A office buildings in the park. He indicated this will comprise phase II and phase III of the office development. He indicated he plans to construct other office buildings in phases IV and V to complete the park. The cost of this project is estimated at $700,000. Council Member Kelly made a motion to adopt this resolution, as amended, seconded by Council Member Slavinskas. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 2213 -95 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 16 AND 17 TOLL ROAD INDUSTRIAL PARK, AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR STEPHEN E. AND SUSAN M. BUSK, DBA BUSK BROTHERS FURNITURE 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 16 and 17 Toll Road Industrial Park, and which is more particularly described as follows: Lots 16 and 17 Toll Road Industrial Park South Bend IN and which has Key Number 25 1013 021107, and 25 1013 021201 be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1 et. seq. and South Bend Municipal Code Sections 2 -76 Et Seq. Whereas, the Department of Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine