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07-26-10 Council Agenda & Packet
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07-26-10 Council Agenda & Packet
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7/22/2010 1:24:38 PM
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RESOLUTION NO. <br />A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN <br />THE CITY OF SOUTH BEND, .INDIANA, COMMONLY KNOWN AS <br />3425 WEST LATHROP DRIVE <br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF UP TO <br />A NINE (9) YEAR REAL PROPERTY TAX ABATEMENT FOR <br />MC CORMICK AND COMPANY$ INC. <br />WHEREAS, a petition for real property tax abatement has been filed with the City <br />Clerk for consideration by the Common Council of the City of South Bend, Indiana <br />requesting that the area commonly known as 3425 West Lathrop Drive, South Bend, <br />Indiana, and which is more particularly described as follows: <br />8.44 AC Tract; Mid PT S Side SE '/ Beg 990, W & 40' N of SE Cor <br />SE SEC 28- 38 -2E. <br />and which has Key Number 025 -1010- 0403.01, be designated as an Economic <br />Revitalization Area under the provisions of Indiana Code § 6 -1.1 -12.1 et <br />and South Bend Municipal Code Sections 2 -76 et seq., and; <br />WHEREAS, the Department of Community and Economic Development has <br />concluded an investigation and prepared a report with information sufficient for the <br />Common Council to determine that the area qualifies as an Economic Revitalization Area <br />under Indiana Code § 6 -1.1 -12.1, et seq., and South Bend Municipal Code Sections 2 -76, <br />et seq., and has further prepared maps and plats showing the boundaries and such other <br />information regarding the area in question as required by law; and <br />WHEREAS, the Community and Economic Development Committee of the <br />Common Council has reviewed said report and recommended to the Common Council <br />that the area qualifies as an Economic Revitalization Area. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br />
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