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4866-20 Designating Real Property Tax Abatement for Commonwealth Dev. Corp.
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4866-20 Designating Real Property Tax Abatement for Commonwealth Dev. Corp.
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9/17/2020 11:26:03 AM
Creation date
9/17/2020 11:16:12 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
8/24/2020
Ord-Res Number
4866-20
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outlined below as well as the attachment pursuant to Indiana Code 6-1.1-12.1-17. <br />Year 1 - 100% <br />Year 2 - 100% <br />Year 3 - 95% <br />Year 4 - 90% <br />Year 5 - 85% <br />Year 6 - 80% <br />Year 7 - 75% <br />Year 8 - 70% <br />Year 9 - 65% <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of <br />this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana <br />Code § 5-3-1 and Indiana Code § 6-1.1-12.1-2.5, said publication providing notice of the public <br />hearing before the Common Council on the proposed confirming of said declaration. <br />SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approval by the Mayor. <br />Karen L. White, President <br />South Bend Common Council <br />
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