10-08-90 Council Meeting Minutes

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°02 redevelopment or rehabilitation; and E. That the totality of benefits is sufficient to justify the deduction, all of which satisfy the requirements of I.C. 6 -1.1- 12.1 -3. SECTION III. The Common Council 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 Section 6 -1.1- 12.1 -3 of the Indiana Code. SECTION IV. The Common Council hereby accepts the report and recommendation of t 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, 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 i adoption by the Common Council and approval by the Mayor. s /Thomas Zakrzewski A public hearing was held on the resolution at this time. Council Member Luecke made a motion to amend this bill, he stated that a correction in the title of the resolution should be made to read Briarwood South Bend Partnership, seconded by Council Member Coleman. The motion carried. Council Member Luecke stated that the Human Resources and Economic Development Committee met on this bill and recommends it to the Council favorable, as amended. Thomas McCalley, Carmel, IN, made the presentation on the bill. He stated that the project will consist of the construction of an 8,000 sq. ft. single story office building. He stated that the building will be used by the local Social Security Administration Office. He indicated that the Social Security Administration Office lease is not being renewe< at their current location. He indicated that the project will maintain 36 existin( permanent full -time jobs and that the estimated dollar value of the project is $400,000.00. Council Member Puzzello made a motion to adopt this resolution as amended, seconded by Council Member Coleman. The resolution was adopted by a roll call vote of eight ayes. 90 -52 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA COMMONLY KNOWN AS 715 WEST IRELAND ROAD, SOUTH BEND, INDIANA 46614 TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR THE CONSTRUCTION OF A REDI -MIX CONCRETE PLANT BY TRANSIT -MIX, INC., AN INDIANA CORPORATION. 90 -53 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA COMMONLY KNOWN A 715 WEST IRELAND ROAD, SOUTH BEND, INDIANA 46614 TO BE AN ECONOMI( REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR THE CONSTRUCTION OF A REDI -MIX CONCRETE PLANT BY TRANSIT -MIX, INC., AN INDIANA CORPORATION. Council Member Luecke made a motion to continue the above mentioned bills to the October 22, 1990 meeting, seconded by Council Member Coleman. The motion carried. RESOLUTION NO. 1813 -90 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA COMMONLY KNOWN AS 710 - 720 SOUTH FELLOWS STREET, SOUTH BEND, INDIANA TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A 6 YEAR REAL PROPE TAX ABATEMENT FOR THE TECH CENTRE BUILDING. WHEREAS, the Common Council of the City of South Bend, Indiana has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 710 - 720 South Fellows Street, South Bend, Indiana and which is more particularly described as follows: Lots 59 - 64 & 67 - 72 Rush's 4th Add. & 14' Vac Alley & 27.5' x 239.53' vac. Rush St. known as parcel #11 Monroe - Sample Redevelopment Area.