06-10-91 Council Meeting Minutes

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C)09 � REGULAR MEETING JUNE 10, 1991 distance of 52.13 feet to the South line of the North 30.00 feet of said Lot Two Hundred Sixty (260); thence North 895" Qo•• East a1 °ng sai° s °u °� 'ins ane parallel with the North line of said Lot 260, a measured distance of 200.37 feet to the East line of Lot Two Hundred Twelve (212) in Garst's First addition; thence South O"` west a� °ng the East ��ne °f aas� z °t Z�m. a ...aaa.ra� distance of 51.93 feet to the Northeast corner of Lot Two Hundred Thirteen (213) in said Garst's First addition being also the Southeast corner of a 14 foot alley vacated by Vacation Resolution 3444; thence South 89 56• Mo., west the South line of said vacated 14 foot alley, a measured distance of 200.25 feet to the place of beginning. PARCEL V; All of Lots Numbered Two Hundred Thirteen (213), Two Hundred Fourteen (214), Two Hundred Fifteen (215), Two Hundred Sixteen (216), and the East 10 feet of Lot Numbered Two Hundred Seventeen (217) all as shown on the recorded Plat of Daniel Garst's 1st addition of South Bend City, now within and a part of the City of South Bend, excepting therefrom the South 25 feet thereof. PARCEL VI; All of Lots Numbered Two Hundred Eighteen (218), Two Hundred Nineteen (219), and Two Hundred Twenty (220), and the West 15 feet of Lot Numbered Two Hundred Seventeen (217) all as shown on the recorded Plat of Daniel Garst's 1st addition to South Bend City, now within and a part of the City of South Bend, excepting therefrom the South 24.5 feet thereof. with said real estate having the following Key No. 18 3042 1621, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. Now, therefore, be it resolved by the Common Council of the City of South Bend, Indiana, as follows. Section I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purpose of tax abatement. Such designation is for Personal Property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. Section II. The Common Council hereby determines that the property owner is qualified for and is granted personal property tax deduction for a period of five (5) years. Section III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s /Donald Niezgodski Member of The Common Council A public hearing was held on the resolution for Schafer Gear, made the presentation for purchase new equipment in order to upgrade Council Member Zakrzewski made a motion to Council Member Luecke. The resolution was ayes. RESOLUTION NO. 8177 -91 at this time. Alan DeSommer, Controller the bill. He indicated they planned to their plant and be more cost effective. adopt this resolution, seconded by adopted by a roll call vote of eight A RESOLUTION CONSENTING TO THE TRANSFER OF JURISDICTION TO ST. JOSEPH COUNTY, INDIANA REGARDING ECONOMIC DEVELOPMENT FACILITIES AND THE ISSUANCE OF ST. JOSEPH COUNTY ECONOMIC DEVELOPMENT REVENUE BONDS (MADISON CENTER, INC. PROJECT) TO FINANCE SAID FACILITIES. The City of South Bend,Indiana (the "City "), is a municipal corporation and political subdivision of the State of Indiana and by virtue of IND. CODE Sec.36- 7 -12 -22 is authorized and empowered to adopt this Resolution. Madison Center, Inc., an Indiana not - for - profit corporation with principal offices located in South Bend, Indiana at 403 E. Madison St., presently intends to finance in- patient health care facilities which comprise "economic development facilities" within the meaning of IND. CODE Sec.36 -7- 11.9 -2 through the issuance of economic development revenue bonds pursuant to the provisions of IND. CODE 35 -7 -12 et seq., as amended (the "Act "). Madison Center is licensed by the State of Indiana as a community mental health center, and is supported by a County tax pursuant to the provisions of IND CODE 16 -26 -1 et seq. Madison Center and St. Joseph County, Indiana entered into an agreement dated