09-10-90 Council Meeting Minutes

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This bill had second reading. Council Member Luecke made a motion to amend this bill, as amended in the Committee of the Whole, seconded by Council Member Niezgodski. The motion carried. Council Member Niezgodski made a motion to pass this bill, seconded by Council Member Duda. The bill passed by a roll call vote nine ayes. RESOLUTIONS RESOLUTION NO. 1803 -90 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORS RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 117 EAST WAYNE TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE YEAR REAL PROPERTY TAX ABATEMENT FOR CATERING BY BILLIE, INC. WHEREAS, the Common Council of the City of South Bend, Indiana has adopted a 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 117 East Wayne and which is more particularly described as follows: A part of the Northwest Quarter of Section 12, Township 37, North, Range 2 East of the Second Principal Meridian, Portage Township, City of South Bend, Indiana being a part of Lots 50, 51, and 52 of Original plat of South Bend, Indiana more particularly described as follows: Beginning at the Intersection of the Westerly right -of -way line of St. Joseph Street (85' right -of -way) with the North right -of -way line of Wayne Street (82.5' right -of -way); thence South 89 Degrees 38 Minutes 12 seconds west (bearing assumed) along the North right -of -way line of Wayne Street 148.84 feet; thence North 00 Degrees 27 Minutes 00 Seconds West, 186.00 feet; thence North 89 Degrees 39 Minutes 34 Seconds East, 165.61 feet; thence Southwesterly 186.99 feet along a segment of a curve to the right having a radius of 912.43 feet, subtended by a chord having a bearing of South 04 Degrees 42 Minutes 19 Seconds West and a length of 186.99 feet to the point of Beginning and containing 29,835.05 square feet (0.6849 acre) more or less and is subject to easements, restrictions, limitations, and /or covenants of record; a part of said space which is commonly known as Retail Space No. 1 as depicted on the attached architectural drawing which is attached hereto and labeled "Exhibit All and as depicted on "Exhibit All on the Declaratory Resolution No. 1802 -90 1 as an Economic Revitalization Areal, 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 herby 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 three (3) years. SECTION III. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. Member of the Common Council A public hearing was held on the resolution at this time. Jon Hunt, Director Economic Development made the presentation on the resolution. He indicated that the resolution is for Catering By Billie, Inc. He stated that the building is owned by the Redevelopment Authority and going to be leased by the above mentioned company. Council Member Luecke made a motion that there is to be a correction in the legal description and the words "a part of said space" shall be inserted after the words and /or covenants of record;, seconded by Council Member Voorde. The motion carried. Council Member Coleman made a motion to adopt this resolution, seconded by Council Member Luecke. The resolution was adopted by a roll call vote of nine ayes.