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Council.
<br />SECTION VI. The Common Council hereby
<br />qualified for and is granted property tax di
<br />SECTION VII. The Common Council directs
<br />adoption of this Declaratory Resolution
<br />published pursuant to Indiana Code 5 -3 -1
<br />publication providing notice of the public
<br />proposed confirming of said declaration.
<br />determines that the property owner is
<br />eduction for a period of six (6) years.
<br />the City Clerk to cause notice of the
<br />for Real Property Tax Abatement to be
<br />and Indiana Code 6 -1.1- 12.1 -2.5, said
<br />hearing before the Common Council on the
<br />SECTION VIII. This Resolution shall be in full force and effect from and after its
<br />adoption by the Common Council and approval by the Mayor.
<br />/s/ Eugene Ladewski
<br />Member of the Common Council
<br />A public hearing was held on the resolution at this time. Council Member Kelly
<br />reported that the Community and Economic Development Committee had met on this
<br />resolution and recommended it to the Council favorable. William Panzica, managing
<br />member of the partnership, made the presentation for the resolution. He indicated
<br />they were building a new facility that will house the US Federal Bankruptcy Court.
<br />He indicated this property would be put back on the tax roles. Council Member
<br />Coleman made a motion to adopt this resolution, seconded by Council Member
<br />Washington. The resolution was adopted by a roll call vote of eight ayes.
<br />RESOLUTION NO. 2297 -95 A RESOLUTION OF THE SOUTH BEND COMMON COUNCIL DETERMINING,
<br />AFTER INVESTIGATION, THAT THE LEASE OF ADDITIONAL OFFICE
<br />SPACE FOR THE OFFICE OF THE SOUTH BEND DEPARTMENT OF
<br />ECONOMIC DEVELOPMENT IS NEEDED.
<br />WHEREAS, the Board of Public Works of the City
<br />on October 16, 1995, received a petition signed by
<br />of South Bend, requesting that the Board provide
<br />offices of the City of South Bend Department of Econi
<br />a lease agreement with the 1st Source Bank of South
<br />known as the First Bank Building, 205 West Jefferson
<br />for a term of one (1) year, with a monthly rental of
<br />Two and 50 /100 Dollars with an option to renew for
<br />this same monthly rental; and
<br />of South Bend, Indiana (Board),
<br />fifty (50) taxpayers of the City
<br />additional office space for the
<br />Dmic Development by entering into
<br />Bend, Indiana, for the building
<br />Boulevard, South Bend, Indiana,
<br />One Thousand Six Hundred Twenty -
<br />an additional two (2) years at
<br />WHEREAS, the Board also received, on October 16, 1995, a certificate of the St.
<br />Joseph County Auditor, certifying that the verifier of the petition and the
<br />signatories of the petition are taxpayers of property located within the corporate
<br />limits of the City of South Bend; and
<br />WHEREAS, I.C. 36- 1- 10 -7(2) requires, prior to the Board of Public Works entering
<br />into such a lease agreement, that the Common Council, after investigation, determine
<br />that the same is needed.
<br />NOW, THEREFORE, BE IT RESOLVED BY THE SOUTH BEND COMMON COUNCIL, AS FOLLOWS:
<br />1. That the Common Council has conducted a public hearing on this resolution,
<br />and has heard persons desiring to speak in favor and opposed to the adoption of this
<br />resolution.
<br />2. That the Common Council finds that the current offices of the City of South
<br />Bend Department of Economic Development (the "Department ") located at 1200 County -
<br />City Building, in the City of South Bend, are not large enough to house the entire
<br />staff of said Department and it otherwise inadequate to serve to serve the needs of
<br />the Department.
<br />3. That the most efficient and cost effective allocation of resources warrants
<br />the relocation of a portion of the staff of the Department from said offices to new
<br />offices that are adequately sized to house said staff members.
<br />4. That approximately 1770 square feet of office space is available on the 4th
<br />floor of the building known as the First Bank Building 205 W. Jefferson Boulevard,
<br />South Bend, Indiana, and can be renovated by the 1st Source Bank to accommodate said
<br />staff members.
<br />5. That on the 16th day of October, 1995, a petition signed by fifty (50)
<br />taxpayers of the City of South Bend, Indiana, was filed with the Board of Public
<br />Works of the City of South Bend, Indiana requesting that it provide additional
<br />office space for the offices of the City of South Bend Department of Economic
<br />Development by entering into a lease agreement with the 1st Source Bank of South
<br />Bend, Indiana, for approximately 1770 square feet and being situated on the 4th floor
<br />of the building known as the First Bank Building, 205 West Jefferson Boulevard, South
<br />Bend, Indiana, for a monthly rental of One Thousand Six Hundred Twenty -Two and 50/100
<br />Dollars ($1,622.50).
<br />6. That on the 16th day of October, 1995, the Board of Public Works received a
<br />certificate signed by the St. Joseph County Auditor, certifying that the verifier and
<br />the signatories of the petition are taxpayers of property located within the
<br />corporate limits of the City of South Bend.
<br />7. That on the 16th day of October, 1995, a proposed Lease Agreement was filed
<br />with the Board of Public Works.
<br />8. That having heard all speakers at the presentation and hearing on this
<br />
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