07-13-15 Community Investment - Laserfiche WebLink

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COMMUNITY INVESTMENT JULY 13, 2015 3:30 P.M. Committee Members Present: Gavin Ferlic, Henry Davis (XAB), Dr. David Varner, Dr. Fred Ferlic Citizen Members Present: Bob Emery (AB), Pat Mullin (AB) Other Council Present: Tim Scott, Valerie Schey, Oliver Davis (AB), Karen White, Derek Dieter Others: Chris Fielding, Richard Deahl, Brock Zeeb, Scott Ford, Jeff Spoonhower. Matt Powell, Jeremy McClintock, Randy Rompola, Beth Leonard Agenda: Bill No. 15 -57 Designating Tax Abatement — Jeffrey & Mary Spoonhower 824 N. St. Peter St. (5 Year Res. Abatement) Bill No. 15 -58 Designating Tax Abatement— GLC Portage Prairie (8 Year Real Property) Bill No. 15 -59 GLC Portage Prairie, Lease with South Bend Redevelopment Commission Bill No. 15 -60 Confirming Resolution Tax Increment for Erskine Village in 2016 May be Allocated other Respective Taxing units Bill No. 15 -61 Approve Issuance of Lease Rental Revenue Refunding by SB Redevelopment and Eddy Street Commons Project Bill No. 15 -62 Approve the Disposition of Real Property Located at 51190 & 51270 Mayflower Rd. Gavin Ferlic, Chair of the Community Investment Committee, called the hearing to order, recognized a quorum present and began with bill 15 -57, the first of six bills scheduled for review. Bill 15 -57 was a petition for a 5 year residential tax abatement for a home to be built at 824 N. St. Peter. Brock Zeeb from the Community Investment Department made the presentation. He confirmed all abatement requirements had been met by the petitioner Jeff Spoonhower. Mr. Spoonhower was present to answer any questions. Only Valerie Schey had a question. She wondered if homes to be built in this area were eligible for abatement. Brock assured her they were. With no other questions Dr. Varner motioned the bill be referred favorably. Dr. Ferlic seconded and all supported. Bill 15 -57 was sent favorably.