11-11-13 Common Council Meeting Minutes

Home Browse Search

REGULAR MEETING NOVEMBER 11, 2013 3, recorded April 18, 1985 as Document Number 8506870 in the Office of the Recorder of St. Joseph County, Indiana. and which has Key Number 71-03-19-200-010.000-009 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 remonstrance's 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 Real 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 Real property tax deduction for up to a period of 0 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. s/Derek D. Dieter Member of the Common Council Mr. Alan Brown, Vice-President, The Lebermuth Co., Inc, 4004 Technology, South Bend, Indiana,made the presentation for this bill. Mr. Brown advised that Lebermuth is consolidating their Mishawaka and Bremen locations into one (1) location in South Bend. This includes creation of manufacturing, laboratory& office space. He stated that the renovations will take approximately$1.2 m in order to make the site functional for their needs. Mr. Brown stated that Lebermuth does fragrance and flavor compounding and R&D work with fragrances and flavors. A Public Hearing was held on the Resolution at this time. Councilmember Henry Davis Jr. asked how many jobs will be retained. Mr. Brown stated there will be fifty-five (55). ' Councilmember Henry Davis Jr. asked if he thought the tax abatement process was business friendly. Mr. Brown stated that he believes the process is smooth, the questions are fair and South Bend is business friendly. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember White made a motion to adopt this Resolution. Councilmember