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REGULAR MEETING <br />MAY 12, 2014 <br />Petitioner -Rich Deal- 100 N Michigan St. - this is the request for abatement for investment to <br />expand the facility by about 30,000 sq. ft. an investment of about $1.5 million., and an <br />investment in new machinery and equipment of $3.5 -4.5 million to expand in other markets. <br />This being the time heretofore set for the Public Hearing on the above bill, proponents and <br />opponents were given an opportunity to be heard. <br />There being no one present wishing to speak to the Council either in favor of or in opposition to <br />this bill, Councilmember Henry Davis, Jr. made a motion to adopt 14 -31. Councilmember Scott <br />seconded the motion which carried by a voice vote of eight (8) ayes. <br />Councilmember Dr. Varner made a motion to adopt 14 -47. Councilmember Scott seconded the <br />motion which carried by a voice vote of eight (8) ayes. <br />BILL NO. 14 -50 A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING A <br />CERTAIN AREA WITHIN THE CITY OF SOUTH <br />BEND, INDIANA, COMMONLY KNOWN AS 1020 <br />SAINT PETER STREET AS A RESIDENTIALLY <br />DISTRESSED AREA FOR PURPOSES OF A (5) FIVE - <br />YEAR RESIDENTIAL REAL PROPERTY TAX <br />ABATEMENT FOR ROBERT AND CATHERINE <br />KOSSLER <br />23 <br />