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REGULAR MEETING <br />JULY 27, 2015 <br />request for an eight (8) year tax abatement. This relates to an investment in a brand new spec <br />bulk distribution facility, to be built on 25 acres that sits on the Southeast corner of Dylan Drive <br />and Adams Road. This is an effort to have a spec building, which is a move in ready facility to <br />help entice and enhance the ability to attract businesses to the area. The investment will exceed <br />$7 million and will result in employment and hopefully depending on the tenancy, greater <br />numbers than expected. We are initially projecting in the first couple years at least 20 new full <br />time jobs with a payroll of at least $750,000. We appreciate your consideration and will answer <br />any questions that you may have. <br />This being the time heretofore set for the <br />opponents were given an opportunito 1 <br />There being no one present <br />this bill, Councilmember G <br />Karen A <br />of seven <br />OF SOUT <br />DRIVE S <br />9EVITAL <br />LP <br />proponents and <br />in favor of or in opposition to <br />resolution 15 -71. Councilmember <br />ion was adopted by a roll call vote <br />C ING THE ADOPTION OF A DECLARATORY <br />ESIG NG CERTAIN AREAS WITHIN THE CITY <br />D, INDIANA, COMMONLY KNOWN AS 5231 DYLAN <br />BEND IN 46628 AS AN ECONOMIC <br />ON AREA FOR PURPOSES OF A SEVEN (7) YEAR <br />Y TAX ABATEMENT FOR AMERIPLEX SUPERIOR <br />WHEREAS, the Co on Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas <br />for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 5231 <br />Dylan Drive, South Bend, IN 46628 and which is more particularly described as follows: <br />Lot 3 Portage Prairie Minor #5 <br />and which has Key Number 025- 1009 - 014605 be designated as an Economic Revitalization Area; <br />and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />16 <br />