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08-28-89 Council Meeting Minutes
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08-28-89 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
8/28/1989
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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 from completed by the I <br />Petitioner meet the requirements of I.C. 6 -1. - 12.1 -1 et seq., and qualifies under <br />the provisions of South Bend Municipal Code S ction 2 -76 et seq., for tax <br />abatement. <br />SECTION II. The Common Council hereby determines and finds the following: <br />A. That the estimate of the value of the redevelopment or rehabilitation is <br />reasonable for projects of this nature; <br />B. That the estimate of the number of indivi uals who will be employed or whose , <br />employment will be retained can reasonably be expected to result from the <br />proposed described redevelopment or rehabilitation; <br />C. That the estimate of the annual salaries of those individuals who will be <br />employed or whose employment will be retained can be reasonably expected to <br />result from the proposed redevelopment or rehabilitation; <br />D. That the other benefits about which information was requested are benefits that <br />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 deduction, all of <br />which satisfy the requirements of I.C. 6 -l.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 the <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 <br />Statement of Benefits from prescribed by the State Board of Accounts are sufficient <br />to justify the deduction granted under Section 6 -1.1- 12.1 -3 of the Indiana Code. <br />SECTION IV. The Common Council hereby accepts the report and recommendation of the <br />Human Resources and Economic Development Committee that the area herein described <br />by designated an Economic Revitalization Area and hereby adopts a resolution I <br />designating this area as an Economic Revitalization Area for purposes of real <br />property tax abatement. <br />SECTION V. The designation as an Economic Revitalization Area shall be limited to <br />two (2) calendar years from the date of the adoption of this Resolution by the <br />Common Council. <br />SECTION VI. The Common Council hereby determines that the property owner is <br />qualified for and is granted property tax dedullction for a period of three (3) <br />years. <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the <br />adoption of this Declaratory Resolution for Renal Property Tax Abatement to be <br />published, said publication providing notice of the public hearing before the <br />Common Council on the proposed confirming of said declaration. <br />SECTION VIII. This resolution shall be in <br />adoption by the Common Council and approval <br />s /Ann Puzzello <br />A public hearing was held on the Resolution at <br />Jefferson, made the presentation on the resolu <br />land is approximately 1.06 acres, and the proj <br />condominiums, 1100 to 1500 sq. ft. The units <br />next twelve to eighteen months. Construction <br />completed in December, 1990. The project will <br />jobs within the first year representing an ann <br />maintain 3 full time and 2 part time jobs with <br />The total project cost is estimated at $1,300, <br />a motion to adopt this resolution, seconded by <br />resolution was adopted by a roll call vote of <br />force and effect from and after its <br />the Mayor. <br />counc <br />this time. Bill Elliott, 918 E. <br />ion. He indicated that the existing <br />ct will consist of 13 -15 <br />ill be constructed and sold over the <br />ill start in July and will be <br />create 6 new permanent full time <br />al payroll of $62,000 and will <br />and existing payroll of $70,000. <br />00.00. Council Member Coleman made <br />Council Member Zakrzewski. The <br />ine ayes. <br />RESOLUTION NO. 1744 -89 A RESOLUTION OF PHE COMMON COUNCIL OF THE CITY OF <br />SOUTH BEND DESIG ATING CERTAIN AREAS WITHIN THE CITY <br />OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 530 NILES <br />AVENUE AN ECONO 'IC REVITALIZATION AREA FOR PURPOSES <br />OF A 3 YEAR REAL PROPERTY TAX ABATEMENT FOR ORKIN, <br />INC. <br />WHEREAS, a petition for real property tax abatement has been filed with the City <br />Clerk for consideration by the Common Council of the City of South Bend, Indiana, <br />requesting that the area commonly known as 530 Niles Av., South Bend, Indiana, and <br />which is more particularly described as follows: <br />That part of Outlot 47 is "Samuel L. Cottrell's First Addition to the Town of <br />Lowell" as recorded in the records of St. Joseph County, Indiana which is <br />described as: Beginning on the West line of Lot #7 at a Point 106.99 ft. <br />
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