08-25-08 Common Council Minutes - Laserfiche WebLink

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REGULAR MEETING AUGUST 25, 2008 published pursuant to Indiana Code 5-3-1, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION VII. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Timothy A. Rouse Member of the Common Council Councilmember Dieter, Chairperson, Community & Economic Development Committee, reported that this committee held a public hearing to hear the pros and cons on this bill this afternoon and voted to send it to the full Council with a favorable recommendation. Ms. Christina Carroll, 6400 S. Sprinkle Rd, Portage, Michigan, made the presentation for this bill. Ms. Carroll advised that Mann + Hummel USA, Inc., plans to install machinery and equipment costing approximately $2,000,000. The machinery and equipment will be used to manufacture manifolds and air intake systems for General Motors and Toyota. The Petitioner manufactures various products for the automotive industry. The products are made of nylon and plastic and are manufactured using injection molding processes. It is estimated that the total project will create four (4) new, permanent, full-time jobs within the first year representing a new annual payroll of $120,000. The project will retain one hundred fifty (154) existing permanent, full-time jobs (of which 46 are minority employees) with an annual payroll of $4,500,000. 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 Dieter 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 eight (8) ayes. BILL NO. 08-78 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND APPROVING A REQUEST FOR A SPECIAL EXCEPTION TO CONSIDER THE DESIGNATION OF CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF TAX ABATEMENT FOR UNIVERSITY OF NOTRE DAME DU LAC, AND INNOVATION PARK AT NOTRE DAME, INC. (THE “PETITIONER”) BILL NO. 08-79 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR UNIVERSITY OF NOTRE DAME DU LAC, INNOVATION PARK AT NOTRE DAME, INC., (“PETITIONER”) 18