Reconfirming Tax Abatement - 1746/1810 Alfton Ct. (5yr) Foster Custom Homes

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RESOLUTION NO. �� ?�-��. � A RESOLUTION RECONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS VACANT LAND AT 1746 ALFTON COURT AND VACANT LAND AT 1810 ALFTON COURT TO BE AN ECONOMIC REVITALIZATION AREA ' FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL PROPERTY TAX ABATEMENT FOR FOSTER CUSTOM HOMES 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 Vacant Land at 1746 Alfton Court and Vacant Land at 1810 Alfton Court, South Bend, Indiana, and which is more particularly described as follows: Lot number 30 as shown on the plat of Norawood Manor, recorded July 7,2006 in the Office of the Recorder of St.Joseph County,Indiana as Instrument 0628791 and which has Key Number 023-1050-320112/71-09-31-456-025.000-002 and Lot number 31, as shown on the plat of Norawood Manor, recorded July 7, 2006 in the Office of the Recorder of St. Joseph County, Indiana as Instrument 0628791 and which has Key number 023-1050-320113/71-09-31-456-024.000-002 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. WHEREAS,the Council issued a Confirmatory Resolution confirming the adoption of the Declaratory Resolution as Resolution No. 3644-06 on September 25, 2006; and