08-11-08 Common Council Minutes - Laserfiche WebLink

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REGULAR MEETINGAUGUST 11, 2008 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 a period of four (4) years, 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/Timothy A. Rouse Member of the Common Council Mr. James McCune, 1002 S. Lafayette Blvd, Suite #1, South Bend, Indiana, made the presentation for this bill. Mr. McCune advised that he and his wife own the property at 225 Garst Street and plan on building a 3,600 square foot addition to an existing building to house Mr. McCune’s masonry business and provide more rental space for tenants that share the building. The addition will be a steel building with an all brick front and will have 1,350 square feet of office space and 2,250 square feet of shop space. Mr. McCune advised that he will lease a portion of the building until his business grows into the entire building. The lessees will be Great Lakes Window and Siding and The Sign Ship. The total cost of the project is estimated at $203,500. The total project will create six (6) new, permanent, full-time jobs and one (1) part-time job representing a new annual payroll of $180,000. The project will also retain twelve (12) existing, permanent, full-time jobs representing an annual payroll of $350,000. 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 White made a motion to adopt this Resolution. Councilmember Varner seconded the motion which carried and the Resolution was adopted by a roll call vote of seven (7) ayes. RESOLUTION NO. 3890-08 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 919 AND 923 NOTRE DAME AVENUE AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR RICHARD S. AND MICKI L.KIDDER WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Residentially Distressed Areas for the purpose of tax abatement consideration; and 6