Designating Tax Abatement - 4315 South Lafayette Boulevard - Heraeus Kulzer, Incorporated

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RESOLUTION NO. 3 ~~~ - ~ A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4315 South Lafayette Boulevard AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF AN EIGHT-YEAR REAL PROPERTY TAX ABATEMENT FOR Heraeus Kulzer, Incorporated WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 4315 South Lafayette Blvd., South Bend, Indiana, and which is more particularly described as follows: 2E Parcel l: 314 X 675.6" BEG 628' W NE COR SE'/4 NE'/4 4.86AC SEC 26 37 Parcel 2: 314 X 628' BEG NE COR SE'/e NE'/4 4.528 A SEC 26 37 2E and which has Key Numbers 23-1013-075802 (Parcel 1) and 23-1013-075801(Parcel 2) presently at this point and time, be designated as an Economic Revitalization Area under the provisions of Indiana Code § 6-1.1-12.1 et seg., and South Bend Municipal Code Sections 2-76 et seg., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code § 6-1.1-12.1, et seg., and South Bend Municipal Code Sections 2-76, et sec ., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. .NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: