05-08-89 Council Meeting Minutes

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ul u SECTION II. That the Common Council hereby determines and finds the following: A. That the estimate of the value of the redevelopment or rehabilitation is reasonable for projects of this nature; B. That the estimate of the number of individuals who will be employed or whose employment will be reatined can reasonably be expected to result from the proposed described redevelopment or rehabilitaion; C. That the estimate of the annual salaries of those individuals who will be employed or whose employment will be retained can be reasonably expected to result from the proposed redevelopment or rehabilitation; D. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed redevelopment or rehabilitation; and E. That the totality of benefits is sufficient to justify the deduction, all of which satisfy the requirements of Indiana Code s6 -1.1- 12.1 -3. SECTION III. That the Common Council hereby determines and finds that the proposed descirbed redevelopment or rehabilitation can be reasonably expected to yield the 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 s6 -1.1- 12.1 -3 of the Indian Code. SECTION IV. That 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. That 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. That the Common Council hereby determines that the property owner is qualified for and is hereby granted property tax deduction for a period of Three (3) years. SECTION VII. That 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. That this resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s /Ann Puzzello Member of the Common Council A public hearing was held on the resolution. James Knepp, Attorney, 509 W. Washington Av., made the presentation on the resolution. He indicated that the Petitioners American Tool & Die plan to construct an open bay machine /work area, 48 feet in width by 120 feet in length (approximately 6,000 square feet) with an estimated cost of construction of $100,000.00 to $120,000.00. He stated that the petitioner estimates theat the redevelopment project itself will create 4 to 5 new, permanent jobs within the 1st year representing a new annua payroll of approximately $150,000.00 to $200,000.00, and will maintain 30 to 35 existing, permanent fulltime and 1 existing permanenet part -time jobs with an annual payroll of approximately $1,000,000.00 to $1,150,000.00. Council Member Coleman made a motion to adopt this resolution, seconded by Council Member Soderberg. The resolution was adopted by a roll call vote of eight ayes. RESOLUTION NO. 1725 -89 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APPROVING AND FINDING NECESSARY THE LEASE OF REAL PROPERTY BY THE EMPLOYMENT AND TRAINING SERVICES OF ST. JOSEPH COUNTY (D /B /A/ THE ST. JOSEPH COUNTY JOB TRAINING PROGRAM WHEREAS, the Indiana General Assembly, through Section 22- 4 -18 -1 et seq. of the Indiana Code, has directed that employment and training services funded through the Job Training Partnership Act of 1982, as amended, and the Wagner - Peyser Act, as amended, be consolidated at the local level; and WHEREAS, Frank O'Bannon, Lieutenant Governor of the State of Indiana, in his directive of March 16, 1989, entitled "Challenge for Indiana's Employment and Training System," directed that "services financed by Wagner - Peyser, JTPA and related programs under the control of (the Indiana State Department of Employment and Training Services) will be delivered from shared facilities;" and WHEREAS, the lease of space at the South Bend Community School Corporation's building located at 317 West WashingtonStreet, South Bend, by the Employment and Training Services of St. Joseph County, d /b /a/ the St. Joseph County Job Training Program (hereinafter, "ETS"), terminates in August, 1989; and