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03-25-13 Agenda & Packet
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03-25-13 Agenda & Packet
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3/21/2013 10:53:28 AM
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3/21/2013 10:53:04 AM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
3/25/2013
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WHEREAS,notice of the adoption of a Declaratory Resolution and the public hearing before <br /> 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 remonstrances <br /> and objections from interested persons; and <br /> WHEREAS,the Council has determined that the qualifications for an economic revitalization <br /> 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 area <br /> described herein as an Economic Revitalization Area for the purposes of tax abatement. Such <br /> designation is for Personal property tax abatement only and is limited to two(2)calendar years from <br /> the date of adoption of the Declaratory Resolution by the Common Council. <br /> SECTION II. The Common Council hereby determines that the property owner is qualified for and <br /> is granted Personal property tax deduction for a period of(5)five years,and further determines that <br /> the petition complies with Chapter 2,Article 6,of the Municipal Code of the City of South Bend and <br /> Indiana Code 6-1.1-12 et seq. <br /> SECTION III. This Resolution shall be in full force and effect from and after its adoption by the <br /> Common Council and approved by the Mayor. <br /> Member of the Common Coun 1 <br /> Filed in C ' . O ce <br /> SBDS02 RJD 308755v1 <br /> MAR 1 01%4 <br /> PRESENTEES 3,2,,5'-13 <br /> NOT ,r P .u�'t, CITY CLERK,SOUTH REND,IN <br /> ADO PZIG+ ...,... <br />
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