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COMMUNITY INVESTMENT MARCH 14, 2016 3:15 P.M. <br />Committee Members Present: Gavin Ferlic, Regina Williams- Preston, Randy Kelly <br />Oliver Davis (Excused Late) <br />Other Council Present: John Voorde, Karen White, Jo M. Broden, Tim Scott <br />Others Present: Joseph Molnar, Alkeyna Aldridge, <br />Kathleen Cekanski- Farrand, Adriana Rodriguez, <br />Scott Ford <br />Agenda: Bill No. 16 -18 Real Property Tax Abatement East Bank <br />Development <br />Bill No. 16 -19 Personal Property Tax Abatement, <br />Spectron mrc, LLC <br />Bill No. 16 -20 Real Property Tax Abatement, <br />Cohn & Cohn, LLC <br />Bill No. 16 -21 Real Property Tax Abatement, South Bend <br />Tool Co., Inc. <br />Bill No. 16 -22 Personal Property Tax Abatement, <br />South Bend Tool Co. <br />Bill No. 16 -13 Real Property Tax Abatement, The LaSalle <br />Apts. LLC <br />Bill Nos. 16 -14 to 16 -17 Four Confirming and Modifying <br />Real Property Tax Abatement, 211 W. Washington <br />(The Tower at Washington Square) <br />Councilmember Gavin Ferlic, Chairperson of the Community Investment Committee, called the <br />hearing to order with ten (10) bills scheduled for consideration. He explained there are two <br />citizen members in attendance but they have not been sworn in yet and will participate as part of <br />the public. <br />Bill No. 16 -18 Real Property Tax Abatement East Bank Development <br />Aaron Kobb, Community Investment with offices on the 14th Floor of the County City Building, <br />served as the presenter for this bill. The project is a six story mixed use building. The total <br />private investment is approximately $2.5 million. The ground floor will be used for commercial <br />space with twelve (12) residential units on the floors above. The project will create two (2) new <br />