12-09-13 Common Council Meeting Minutes

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REGULAR MEETING DECEMBER 9, 2013 149 ¾ feet to the center of vacated Lafayette Street; thence South 107 feet to a point in line with the centerline of the alley lying between Lots 1,2,3 and 9 in said Stover-Longley Addition; thence West 149 ¾ feet to the East line of said Stover-Longley Addition; thence North 107 feet to the place of beginning. and which has Key Number 71-08-24-101-003.000-026 be designated 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 purposes of tax abatement. Such designation is for Real 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 Real property tax deduction for up to a period of seven (7) years as shown by the attachment pursuant to Indiana Code 6-1.1-12.1-17 and further determines that the petition, the Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et seq. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. s/Derek D. Dieter Member of the Common Council Mr. Ben Silver, Co-Owner, Demby Enterprises, LLC, 1228 E. Jefferson Blvd. South Bend, Indiana, made the presentation for this bill. Mr. Silver advised that Demby Enterprises, LLC actively manages the real estate property. The real estate property is a cold storage warehouse facility. The real estate is currently eased to Plumrose USA. Plumrose occupies 100% of the facility. Plumrose is a bacon and processed meat manufacturer that uses the property for inventory management and distribution. Demby sustained a substantial fire loss in November 2012 rendering the property unusable for its intended use. The proposed project will not only rehabilitate the building but also allow for efficiencies and enhancements. New, state of the art mechanical and refrigeration equipment will be constructed to return the building to its intended use of being a cold warehouse storage and distribution facility. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Varner made a motion to adopt this Resolution. Councilmember Oliver Davis seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes. 25