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18-46 Modifying and Reconfirming Resolution for RDistict One -Studebaker Building 84
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18-46 Modifying and Reconfirming Resolution for RDistict One -Studebaker Building 84
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9/6/2018 11:27:49 AM
Creation date
9/6/2018 11:27:29 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
9/10/2018
Bill Number
18-46
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Filed in Clerk's Office <br /> BILL NO. 18-46 SEP 0 5 2018 <br /> RESOLUTION NO. (REENIAH FOWLER <br /> CITY CLERK,SOUTH SENDI,IN s <br /> A RESOLUTION MODIFYING AND RECONFIRMING THE ADOPTION OF <br /> DECLARATORY RESOLUTION NO. 4512-15 DESIGNATING CERTAIN <br /> AREAS WITHIN <br /> THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br /> 635 S. Lafayette Blvd., South Bend, IN 46601 <br /> AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br /> (10) TEN YEAR REAL PROPERTY TAX ABATEMENT FOR <br /> RDistrict One, LLC <br /> WHEREAS, the Common Council of the City of South Bend has adopted declaratory <br /> resolutions designating certain areas within the City as Economic Revitalization Areas for the <br /> purpose of tax abatement consideration; and <br /> WHEREAS, Declaratory Resolution No. 4512-15 designated the area located at 635 S. <br /> Lafayette Street, South Bend, IN 46601 and which is more particularly described as follows: <br /> LOT I RENAISSANCE MINOR SUB 16/17NP#7935 10-01-2015 <br /> LOT 3 RENAISSANCE MINOR SUB 16/17NP#7935 10-01-2015 <br /> and which currently designated as an Economic Revitalization Area; and <br /> WHEREAS, upon proper notice, a public hearing was held, after which the Common <br /> Council issued Confirming Resolution No. 4514-15, confirming the adoption of Declaratory <br /> Resolution No. 4512-15 on December 14, 2015; and <br /> WHEREAS, the Petitioner was granted a two-year designation period in Confirming <br /> Resolution No. 4514-15,which expired on December 14, 2017;however,the project has not been <br /> fully assessed; and <br /> WHEREAS, the Petitioner has requested additional two years to extend the designation <br /> period. <br /> NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br /> Bend, Indiana, as follows: <br /> SECTION I. The Common Council hereby determines and finds that the extension of the <br />
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