Hobart issues bonds for company bringing 20 jobs to city
By Karen Caffarini Post-Tribune correspondent March 10, 2013 11:22PM
Updated: April 12, 2013 6:25AM
HOBART — The City Council this week approved the issuance of bonds for a heavy equipment parts distributor and four new ordinances, including one regulating dog owners.
Director of Development Denarie Kane said the city would just act as a conduit in the issuance of industrial development bonds for ITR America LLC.
“There is no risk to taxpayers,” Kane said.
City Attorney Anthony DeBonis said the council’s action allows for financing for an expansion project to be available to ITR America on a tax-exempt basis. ITR is building a $6.2 million, 100,000-square-foot building at 6301 Northwind Parkway.
Headquartered in Hobart, the company will add 20 new manufacturing and material handling employees at about $30,000 a year to accommodate the expansion. It also is purchasing new distribution equipment for the facility, which is expected to be in operation in 2014.
“This is precisely what we’re looking for. I’m excited to have you here,” Councilman Matt Claussen, D at-large, told ITR representatives.
The Hobart City Council earlier approved a real property tax abatement for Indiana Land Becknell Investors LLS, developers of the industrial park at Mississippi and 62nd, for the purpose of constructing the new building. The city’s Redevelopment Commission previously gave its support for the incentive.
In other matters, the council approved ordinances providing for partial and temporary occupancy permits, for the city to provide for contractor bonds and insurance, restricting the use of groundwater in a certain area and regulating dogs and dog owners.
Under the new dog ordinance, owners will have to pay a $2,500 fine if their dog makes an unprovoked attack on a human, and $500 to $2,500 if the pet makes an unprovoked attack on another domestic animal. Barking, whining dogs and those uncared for or allowed to run at-large could result in a $500 fine.
Council members said the new ordinance gives the law more regulating teeth. The previous ordinance allowed City Court Judge William Longer some discretion in setting fines.
Councilwoman Monica Wiley, D at-large, questioned who would enforce the portion of the ordinance requiring owners to carry a bag with them to pick up animal waste from property other than their own.
“Out of 100 people, maybe 10 do that now,” Wiley said. “Who’s going to ask for proof of a bag?”
The partial and temporary occupancy permits will be given to both business and residential new construction and to additions in the event the work is not completed by the end of the year. The ordinance establishes a $100 fee for the permits and an additional 10 percent to cover the building department’s time and any errors that could be included.
The city increased its insurance requirement for contractors to $1 million and $3 million from the current $100,000 and $300,000.
The groundwater ordinance was requested by the state and just pertains to the triangular area where Old Ridge Road and Main Street meet.