12-08-08 Common Council Mintues - Laserfiche WebLink

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REGULAR MEETINGDECEMBER 8, 2008 SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of three (3) years, 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. s/Timothy A. Rouse Member of the Common Council Ms. Jamie Ruiz, CB Richard Ellis, 202 S. Michigan Street, Ste. 200, South Bend, Indiana, made the presentation on behalf of the owner Gateway Plaza. Ms. Ruiz advised that Gateway Plaza is proposing to construct a combination warehouse/flex building. The building will be approximately 31,819 square feet in size and can be demised to seven units of approximately 4,320 square feet each. The building will become Phase IV of the adjacent Gateway Plaza and will be of similar construction. Tenants in the building are likely to be primarily warehouse users, but with some need for front-office space or showroom areas. All suites will have grade-level overhead door access, with at least four slated for dock access as well. The building site covers approximately 1.94 acres. The estimated cost of Phase IV construction if $1,480,180. 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. RESOLUTION NO. 3929-08 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA AUTHORIZING AND APPROVING THE EXECUTION OF A CERTIFIED TECHNOLOGY PARK AGREEMENT WITH THE SOUTH BEND REDEVELOPMENT COMMISSION, AND THE INDIANA ECONOMIC DEVELOPMENT CORPORATION WHEREAS, the establishment of high technology activities and public facilities related to such activities serve a public purpose and are of benefit to the general welfare of the citizens of the City of South Bend and the State of Indiana for the reasons that such activities and facilities encourage investment, facilitate job creation and retention, and provide for economic growth and diversification; and WHEREAS, Indiana Code § 36-7-32-1, et seq. (“Act”) provides authority for a local governmental unit to apply to the Indiana Economic Development Corporation (“IEDC”) for designation of all or part of the territory within the jurisdiction of the governmental unit’s redevelopment commission as a “certified technology park”, as defined by the Act; and WHEREAS, in accordance with the Act, the City of South Bend (“City”) has filed an application with IEDC dated August 12, 2008 (“Application”) for the designation of an area as a certified technology park (“Certified Technology Park”), such area being more particularly described in Exhibit “A” attached hereto and incorporated herein ; and 12