04-27-15 Common Council Meeting Minutes

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REGULAR MEETING APRIL 27, 2015 and which has Key Numbers to be assigned 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 personal 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 personal property tax deduction for a period of five (5) 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. ______________________________ Member of the Common Council th Presenter: Brock Zeeb, Department of Community Investment, Offices on the 14 floor – Before you is the confirming resolution for Bamar Plastics. It is personal property tax abatement for Bamar, the new projected taxes created are $30,883, estimated taxes to be abated over the five (5) year period are $14,156, and total taxes to be paid over the five (5) year period are $16,727. Petitioner is here to answer any questions that you may have. Petitioner: Jim McVeigh, 1702 S. Robinson, South Bend – Bamar Plastics is a small company that has employed people in South Bend for 38 years now. We are looking to branch out and broaden our capabilities by incorporating insert molding into the ship molding we’ve been doing. The molding requires operators which will lead to increased employment. We serve the auto industry and we have a five (5) year program that is committed to us that will keep this equipment busy. We appreciate your consideration. This being the time heretofore set for the Public Hearing on the above bill, proponents and opponents were given an opportunity to be heard. There being no one present wishing to speak to the Council either in favor of or in opposition to this bill, Councilmember White made a motion to adopt 15-28. Councilmember Oliver Davis seconded the motion which carried by a voice vote of eight (8) ayes. 15-29 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 5231 DYLAN DRIVE, SOUTH BEND, IN 46628 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF UP TO A (7) SEVEN-YEAR REAL PROPERTY TAX ABATEMENT FOR AMERIPLEX SUPERIOR PARTNERS, LP RESOLUTION NO. ______________ A RESOLUTION OF THE COMMON COUNCIL OF THE 16