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Reconfirming Tax Abatement - Stanz FoodService, Inc. (5yr.PP)
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Reconfirming Tax Abatement - Stanz FoodService, Inc. (5yr.PP)
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Last modified
12/22/2010 2:04:46 PM
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12/22/2010 2:04:46 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
12/13/2010
Ord-Res Number
4070-10
Bill Number
10-67
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RESOLUTION NO. ~ ~~ -~D <br />A RESOLUTION RECONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA, TO BE AN ECONOMIC REVITALIZATION-AREA <br />FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX <br />ABATEMENT FOR <br />STANZ FOODSERVICE, INC. <br />DESIGNATING ADDITIONAL PROPERTY OWNERS AS FOLLOWS: <br />STANZ REALTY CO., LLP <br />And <br />STANZ CHEESE CO., INC. <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic Revitalization <br />Areas for the purpose of tax abatement consideration; and <br />WHEREAS, the Common Council of the City of South Bend, Indiana, adopted a <br />Confirmatory Resolution, No. 3896-08, confirming the designation that certain areas within the <br />City be an Economic Revitalization Area for the purpose of tax abatement consideration; and <br />WHEREAS, the petitioner subsequent to adoption of the Confirming Resolution <br />financed the intended personal property through two other operating entities: Stanz Realty Co., <br />LLP (whose mailing address is P.O. Box 24, South Bend, IN 46624) and Stanz Cheese Co., Inc. <br />(whose mailing address is 1840 N. commerce Dr., South Bend, IN 46628); and <br />WHEREAS, Stanz Realty Co., LLP and Stanz Cheese Co., Inc. are doing business as <br />(dba) Stanz Foodservice, Inc.; and <br />WHEREAS, Stanz Foodservice, Inc., Stanz Realty Co., LLP and Stanz Cheese Co., Inc. <br />are wholly owned by the same three individuals; and <br />WHEREAS, the personal property acquired is the same as what was originally <br />contemplated in the original Statement of Benefits and tax abatement petition; and <br />
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