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01-26-09 Common Council Minutes
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01-26-09 Common Council Minutes
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REGULAR MEETING JANUARY 26, 2009 <br /> <br /> <br /> <br /> <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; <br />and <br /> <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrance’s and objections from interested persons; and <br /> <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br /> <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for the <br />purposes of tax abatement. Such designation is for Real property tax abatement only and <br />is limited to two (2) calendar years from the date of adoption of the Declaratory <br />Resolution by the Common Council. <br /> <br />SECTION II. The Common Council hereby determines that the property owner is <br />qualified for and is granted Real property tax deduction for a period of five (5) years, and <br />further determines that the petition, the Memorandum of Agreement between the <br />Petitioner and the City of South Bend, and the Statement of Benefits comply with <br />Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code <br />6-1.1-12 et seq. <br /> <br />SECTION III. This Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approved by the Mayor. <br /> <br /> s/Derek D. Dieter <br /> Member of the Common Council <br /> <br /> <br /> <br />Mr. Ty Scopel, Vice President & General Manager, Fortis Plastics, LLC., 2965 <br />LaVanture Place, Elkhart, Indiana, made the presentation for these bills. <br /> <br />Mr. Scopel advised that Fortis Plastics and AIC Ventures are proposing to renovate and <br />equip an approximate 92,250 square foot building for the manufacture of plastic <br />components used in a variety of industrial and consumer applications. The building has <br />been vacant over one year. It is owned by AIC Ventures and will be leased to Fortis <br />Plastics. Fortis uses both injection molding and extrusion production systems to produce <br />its plastic products. The company is weighing the consolidation of its existing Elkhart <br />operations to South Bend or to Henderson, Kentucky. The South Bend site requires <br />renovation of the building and installation of equipment. The renovation includes the <br />installation of docks, office build out/remodeling, new sprinkler system installation, <br />electrical upgrades, HVAC improvements and reception area build out. The equipment <br />to be purchased includes new and used plastic injection mold machines and extruders, <br />computers, IT infrastructure and servers. The used equipment would be acquired from <br />outside the State of Indiana. He stated that the total cost of the renovation is estimated at <br />$1,277,000 and the equipment is estimated at $2,218,900. <br /> <br />A Public Hearing was held on these Resolutions at this time. <br /> <br />There being no one present wishing to speak to the Council either in favor of or in <br />opposition to these Resolutions. <br /> <br />Councilmember White made a motion to adopt Bill No. 09-08. Councilmember Rouse <br />seconded the motion which carried and the Resolution was adopted by a roll call vote of <br />nine (9) ayes. <br /> 11 <br /> <br />
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