Confirming Tax Abatement - G.H.S. Corporation d/b/s Strings 6879 Enterprise Dr. (5 Yr. Personal Property)

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RESOLUTION NO. ~ ~ 12-- (, ` A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 6879 ENTERPRISE DRIVE TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR G.H.S. CORPORATION d/b/a GHS STRINGS 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 6879 Enterprise Drive, South Bend, Indiana, and which is more particularly described as follows: Lot lettered "C" as shown on the recorded plat of Olive Road Commerce Park Section Two, first replat recorded January 22, 1999 as document number 9903188 in the Office of the Recorder of St. Joseph County, Indiana and which has Key Number 25-1011-0187 a/k/a 71-03-19-300-005.000-009, 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: