05-23-16 Community Investment - Laserfiche WebLink

Home Browse Search

Council Attorney Cekanksi - Farrand stated that the Council does have limited authority to do this on a case by case basis. Committeemember Paul Tipps disclosed he is a seasonal employee for the food and beverage contractor with the South Bend Cubs. Mr. Tipps asked if they are being asked to waive both non- compliance and a penalty for non - compliance. Ms. Fischesser responded she does not believe there is a penalty associated with non- compliance. It would just be we would have to pay the tax without the abatement. We are technically asking for a rebate for overpayment because we paid the full tax. Committeemember Regina Williams- Preston asked about the language in the resolution stating the project went over budget. Committee Chair Gavin Ferlic responded that the company committed to spending a certain amount of investment and they actually invested more than that amount of money. They have exceeded all of their promises in the abatement. Councilmember Dr. David Varner asked what was the assessed amount. Ms. Fischesser responded it was around $1.5 million. No one from the public spoke in favor of or opposition to the bill. Committeemember Oliver Davis made a motion to send Bill 16 -50 to the full Council with a favorable recommendation. Committeemember Paul Tipps seconded the motion which carried by a voice vote of five (5) ayes. With no further business before the Committee, Committee Chair Gavin Ferlic adjourned meeting at 4:28 Respectfully Submitted Gavin Ferlic, Committee Chair 2