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4671-17 Confirming 5 year Personal Property Tax Abatement for Masterbilt, Inc.
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4671-17 Confirming 5 year Personal Property Tax Abatement for Masterbilt, Inc.
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10/30/2017 9:47:07 AM
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10/30/2017 9:47:07 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
10/23/2017
Ord-Res Number
4671-17
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RESOLUTION NO. <br /> A RESOLUTION CONFIRMING THE ADOPTION OF A <br /> DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS <br /> WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br /> KNOWN AS <br /> 325 South Walnut Street, South Bend, Indiana 46601 <br /> AS AN ECONOMIC REVITALIZATION AREA FOR <br /> PURPOSES OF A FIVE (5) YEAR PERSONAL <br /> PROPERTY TAX ABATEMENT FOR <br /> Masterbilt, Incorporated <br /> WHEREAS, the Common Council of the City of South Bend, Indiana, has <br /> adopted a Declaratory Resolution designating certain areas within the City as Economic <br /> Revitalization Areas for the purpose of tax abatement consideration; and <br /> WHEREAS, a Declaratory Resolution designated the area commonly known as <br /> 325 South Walnut Street, South Bend, Indiana 46601 and which is more particularly <br /> described as follows: <br /> Business Personal Property <br /> and which has Key Numbers 018-3076-3060 be designated as an Economic Revitalization <br /> Area; and <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 /> WHEREAS, the Council held a public hearing for the purposes of hearing all <br /> remonstrances and objections from interested persons; and <br /> WHEREAS, the Council has determined that the qualifications for an economic <br /> revitalization area have been met. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br /> South Bend, Indiana, as follows: <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 />
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