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06-28-93 Council Meeting Minutes
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06-28-93 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
6/28/1993
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REGULAR MEETING JUNE 14, 1993 <br />THE COMMISSION OF PROSTITUTION. <br />This bill had third reading. Council Member Zakrzewski made a motion to amend this <br />bill, as amended in the Committee of the Whole, seconded by Council Member Duda. <br />The motion carried. Council Member Zakrzewski made a motion to pass the bill, as <br />amended, seconded by Council Member Kelly. The bill passed by a roll call vote of <br />seven ayes. <br />RESOLUTION NO. 2049 -93 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH <br />BEND, INDIANA, DESIGNATING CERTAIN PROPERTY WITHIN THE CITY <br />COMMONLY KNOWN AS THE NORTHEAST CORNER OF HAMILTON AND HUEY <br />STREETS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br />THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR GREATER SOUTH <br />BEND DEVELOPMENT COMPANY. <br />Whereas, a petition for real property <br />Common Council of the City of South Bend, <br />known as the northeast corner of Hamilton <br />particularly described as follows: <br />tax abatement has been filed with the <br />Indiana, requesting that the area commonly <br />and Huey Streets, and which is more <br />A lot or parcel of land in the West Half (1/2) of the Northeast Quarter of <br />Section Thirty -four (34), Township Thirty -eight (39) North, Range Two (2) East, <br />described as beginning at the intersection of the East line of Huey Street with <br />the North line of Hamilton Street in the City of South Bend, which point is <br />164.26 feet North and 686 feet East of the Southwest corner of the said <br />Northeast Quarter (1/4) of Section 34; thence running North on the East line of <br />Huey Street, 132 feet; thence East 127 feet, thence South 132 feet to the North <br />line of Hamilton Street; thence West on said line 127 feet to the place of <br />beginning, and being known as the parcel of land 127 feet in width, East and <br />West, taken off of and from the entire width of the West end of Lot Numbered <br />Eighty -seven (87) as shown on a proposed plat of Jackson's subdivision, in the <br />City of South Bend, St. Joseph County, Indiana. <br />and which has Key Number 18- 2112 -4148 <br />be designated as an Economic Revitalization Area under the provisions of Indiana <br />Code 6 -1.1- 12.1 -1 et seq., and South Bend Municipal Code Sections 2 -76 et seq. and; <br />WHEREAS, the Department of Economic Development has concluded an investigation <br />and prepared a report dated May 24, 1993, after having reviewed the petition for tax <br />abatement dated May 11, 1993, along with maps showing the boundaries of the of the <br />petitioned area and such other information regarding the area in question as <br />required by law; and <br />WHEREAS, the Human resources and Economic Development Committee of the Common <br />Council has reviewed said petition and report at its meeting of June 14, 1993, and <br />has made its recommendation to the Common Council. <br />Now, therefore, be it resolved by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />Section I. The Common Council hereby determines and finds that the petition for <br />Real Property Tax Abatement and the Statement of Benefits form completed by the <br />Petitioner meet the requirements of I.C. 6 -1.1- 12.1 -1 et seq., and qualifies under <br />the provisions of South Bend Municipal Code Section 2 -76 et seq., for tax abatement. <br />Section II. The Common Council hereby determines and finds the following: <br />A. That the description of the proposed redevelopment or rehabilitation meets <br />the applicable standards for such development. <br />B. That the estimate of the value of the redevelopment or rehabilitation is <br />reasonable for projects of this nature; <br />C. That the estimate of the number of individuals who will be employed or whose <br />employment will be retained by the Petitioner can reasonably be expected to result <br />from the proposed described redevelopment or rehabilitation: <br />D. That the other benefits about which information was requested are benefits <br />that can be reasonably expected to result from the proposed described redevelopment <br />or rehabilitation; and <br />E. That the totality of benefits is sufficient to justify the requested <br />deduction, all of which satisfy the requirements of Indiana Code Sec. 6 -1.1- 12.1 -3 <br />Section III. The Common Council hereby determines and finds that the proposed <br />described redevelopment or rehabilitation can be reasonably expected to yield <br />benefits identified in the Statement of Benefits set forth as Sections I through II <br />of the Petition for Real Property Tax Abatement Consideration and that the Statement <br />of Benefits form prescribed by the State Board of Accounts are sufficient to justify <br />the deduction granted under Indiana Code <br />Section 6 -1.1- 12.1 -3. <br />
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