05-22-89 Council Meeting Minutes

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SECTION III. The Common Council hereby determines and finds that the proposed described redevelopment or rehabilitation can be reasonably expected to yield the benefits identified in the Statement of Benefits set forth as Section I and 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 the Human Resources and Economic Development Committee that the area herein described be designated and 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 six (6) 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 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 at this time. Don Best, Agent Combined Capital Development Corp., 211 W. Washington, South Bend, IN made the presentation on the resolution. He indicated that the land proposed for six year tax abatement is located in Phase IV of the Airport Industrial Park. The project is to build a 28,080 square foot industrial building on 2.9 acres on McGill Street at a cost of $1,067,151. The building will be steel construction with a gabled roof with clear span interior. The tenant spaces are estimated to be broken into three areas one - 15,600 square feet and two - 6,240 square feet. The structure will be constructed with high quality block and steel siding with very good quality interior finishes. The building will feature a fire protection sprinkling system installed through the structure. Jim Wensits, Reporter South Bend Tribune, asked who the tenants are going to be. Council Member Niezgodski made a motion to adopt this resolution, seconded by Council Member Coleman. The resolution was adopted by a roll call vote of nine ayes. BILLS, FIRST READING 38 -89 A BILL APPROPRIATING $42,000.00 RECEIVED FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, EMERGENCY SHELTER GRANT PROGRAM. This bill had first reading. Council Member Luecke made a motion to set this bill for second reading and public hearing June 12, 1989, seconded by Council Member Coleman. The motion carried. 39 -89 A BILL APPROPRIATING $600,000.00 OF SECTION 108 LOAN FUNDS, PLUS EARNED INTEREST, FOR USE IN WEST WASHINGTON/ CHAPIN REVITALIZATION AREA. This bill had first reading. Council Member Coleman made a motion to set this bill for second reading and public hearing June 12, 1989, seconded by Council Member Luecke. The motion carried. 40 -89 A BILL TRANSFERRING $76,300.00 AMONG VARIOUS ACCOUNTS WITHIN THE DEPARTMENT OF ECONOMIC DEVELOPMENT. This bill had first reading. Council Member Voorde made a motion to set this bill for second reading and public hearing June 12, 1989, seconded by Council Member Niezgodski. The motion carried. UNIFINISHED BUSINESS NEW BUSINESS Reports from Area Plan: Bill No. 11 -89 - Rezone - 306, 318 and 332 Tuxedo Dr. Bill No. 26 -89 - Rezone - 2000 block of East Ireland Rd. Bill No. 27 -89 - Rezone - 1007 N. Hickory Rd. Bill No. 28 -89 - Rezone - Southeast Corner of Darden & Lilac Rds. Bill No. 29 -89 - Rezone - Maple & Portage Rds. Council Member Slavinskas made a motion to set the above mentioned bills for second reading and public hearing on June 12, 1989, seconded by Council Member Coleman. The motion carried.