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REGULAR - MEETING _ _. - ..NOVEMBER 13 1969 <br />as an Economic Revitalization Area: and <br />WHEREAS, notice of the adoption of a. Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code <br />6 -1.1- 12.1 -2.2; and <br />WHEREAS, the council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for the <br />purposes of tax abatement. Such designation is for Personal property tax <br />abatement only and is limited to two (2) calendar years from the date of adoption <br />of the Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is <br />qualified for and is granted Personal property tax deduction for a period of five <br />(5) years. <br />SECTION III. This Resolution shall be in full force and effect from and after <br />its adoption by the Common Council and approval by the Mayor. <br />s /Ann Puzzello <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. John Small, Harbor Metal <br />Treating, 802 S. Fellows made the presentation on the bill. He indicated that a <br />building addition is to be constructed by the real property owner, Fortuna Land <br />Company at an approximate cost of $125,000 which will house two furnaces that heat <br />treat metal products. He stated that the vacuum furnaces will allow us to be <br />competitive in the heat treating and manufactured dies industry. He indicated that <br />the installation of the two furnaces and a water cooler will cost approximately <br />$810,000.00. Council Member Luecke stated that the Human Resources and Economic <br />Development Committee had met on this bill and recommends it favorable to the <br />Council. He also indicated that the Economic Development Report is made a part of <br />the record. Council Member Zakrzewski made a motion to adopt this resolution, <br />seconded by Council Member Coleman. The resolution was adopted by a roll call vote <br />of nine ayes. <br />RESOLUTION NO. 1757 -89 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF <br />SOUTH BEND, INDIANA, AUTHORIZING THE MAYOR TO SUBMIT <br />TO THE UNITED STATES GOVERNMENT, AND APPLICATION FOR <br />1990 COMMUNITY DEVELOPMENT BLOCK GRANT FUNDS UNDER <br />TITLE I OF THE HOUSING AND COMMUNITY DEVELOPMENT ACT <br />OF 1974, AS AMENDED. <br />WHEREAS, the Mayor of the City of South Bend, Indiana, is the Chief Executive <br />Officer of the City and is the applicant for Community Development Block Grant <br />Funds under Title I of the Housing and Community Development Act of 1974, as <br />amended. <br />NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the City of South Bend, <br />Indiana as follows: <br />SECTION I. That the Mayor of the City of South Bend, Indiana is hereby authorized <br />to submit the 1990 Community Development Block Grant Application to the United <br />States Government under Title I of the Housing and Community Development Act of <br />1974, as amended, and take all other necessary actions to secure funds. <br />SECTION II. That the Common Council of the City of South Bend, Indiana hereby <br />requests that the Mayor submit the 1900 Community Development Block Grant <br />Application to the Common Council for review and comment prior to the date upon <br />which the Community Development Block Grant Application must be filed with the <br />Department of Housing and Urban Development. <br />SECTION III. That for every activity, project, or program to be funded under this <br />Resolution, the Mayor shall submit to the Common Council and appropriation <br />ordinance prior to expenditure of any Community Development Block Grant funds <br />received upon approval of this application. <br />SECTION IV. That this Resolution shall be in full force and effect from and after <br />its adoption by the Common. Council and approval by the Mayor. <br />s /Ann Puzzello <br />Member of the Common Council <br />