Confirming Tax Abatement - 1710 North Sheridan Street - Hoosier Tank and Manufacturing, Inc. - Five Year Personal Property

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RESOLUTION NO. `~,~~'~~ A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1710 North Sheridan Street TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (S) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR Hoosier Tank and Manufacturing, Incorporated WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 1710 North Sheridan Street, South Bend, Indiana, and which is more particularly described as follows: Parcel of land beginning approximately 889.84 feet south and 40 feet east of NW'/4 SE'/4 and known as Gibbs Wire and Steel Company, Inc. minor sub section 33-38-2E cont appx AC and which has Tax Key Number 18-2184-693803 presently, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: