4678-17 Setting a Public Hearing for GLC SBDC II, LLC to modify Real Property Tax Abatement for 23464 Adams Road

Home Browse Search

RESOLUTION NO. Wig- 11 A RESOLUTION SETTING A PUBLIC HEARING TO CONSIDER SUPERSEDING A CONFIRMATORY RESOLUTION AND MODIFYING AND CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 23464 Adams Road, South Bend, IN 46628 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A REAL PROPERTY TAX ABATEMENT FOR GLC SBDC II, LLC WHEREAS, on January 9, 2017, the Common Council (the "Common Council") of the City of South Bend, Indiana (the "City"), adopted Resolution No. 4607-17 (the "Declaratory Resolution") designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, the Declaratory Resolution designated the area commonly known as 23464 Adams Road, South Bend, IN 46628 and which is more particularly described as follows: Beg 1505' E of Nw cor of Nw 1/4 thence E 1094' thence S 2640' Thence W 563' thence N 1430' thence 542' thence N 1196' to POB cont 48.30ac+/- Sec 17- 38-2e 16/17 NP#7037 and 7038 11-25-2015 16/17 Split#9196 10-30-2015 15/16 Spli and which has Key Number 025-1009-0146 be designated as an Economic Revitalization Area; and WHEREAS, on February 13, 2017, the Common Council adopted Resolution No. 4610-17(the"Confirmatory Resolution")confirming the Declaratory Resolution following a public hearing advertised and conducted pursuant to Indiana Code 6-1.1-12.1-2.5; and WHEREAS, the Common Council wishes to conduct a public hearing for the purpose of hearing all remonstrances and objections from interested persons concerning the superseding of the Confirmatory Resolution and the proposed amendment of the tax abatement schedule that the Common Council approved on January 9, 2017, under the