04-24-00 Council Meeting Minutes

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REGULAR MEETING APRIL 24, 2000 Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 2102 West Washington Street, South Bend, Indiana, and which is more particularly described as follows: A parcel of land in the northeast quarter of Section 10, Township 37 North, Range 2 East, Portage Township, City of South Bend, Indiana, known as lots one (1) through five (5) inclusive, thirty (30) through thirty -nine (39) inclusive, forty -three (43) and forty-four (44) inclusive and parts of vacated streets and alleys in Arnold's First Addition and which has Key Number 18- 4097 - 361201, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana code 6- 1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of six (6) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et. sea. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. s /Charlotte Pfeifer Member of the Common Council Mr. William Batteast, 430 East LaSalle, South Bend, Indiana, made the presentation for this Resolution. Mr. Batteast advised that Batteast Warehouse Partnership is asking for a tax abatement for six (6) years for a warehouse facility which will be built in the West Washington- Chapin Street area at a cost of approximately two hundred fifty thousand dollars ($250,000.00). The warehouse will be twelve thousand eight hundred (12,800) square feet. In conclusion, Mr. Batteast asked for the Council's assistance in the development of this project. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of this tax abatement or in opposition to this Resolution, Councilmember Coleman made a motion to adopt this Resolution. Councilmember Kelly seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes.