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20-27 Confirming Real Property Tax Abatement for Commonwealth Dev. Corp.
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20-27 Confirming Real Property Tax Abatement for Commonwealth Dev. Corp.
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9/9/2020 11:37:49 AM
Creation date
9/9/2020 11:34:54 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
9/14/2020
Bill Number
20-27
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BILL NO. 20-27 <br />RESOLUTION NO. <br />Filed in Clerk's Office <br />EAUG 1 a 2020 <br />DAWN M. JONES <br />CITY CLERK, SOUTH SEND, IN <br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />505, 507, 511 and 513 S. Michigan Street, South Bend, IN 46601 <br />AS AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A NINE (9) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />Commonwealth Development Corporation of America <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 Areas <br />for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 505, 507, <br />511 and 513 S. Michigan Street, South Bend, Indiana, and which is more particularly described as <br />follows: <br />LEGAL DESC TO BE ADDED <br />and which has Key Numbers 018-3017-0628, 018-3017-0629, 018-3017-0631, 018-3017-0632 be <br />designated as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <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 confirms its Declaratory Resolution designating the <br />
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