Laserfiche WebLink
WHEREAS, because of these delays, which are outside the control of Verbio North <br /> America LLC, the Petitioner has requested to extend the designation period confirmed by <br /> Confirming Resolution No. 5025-23; and <br /> WHEREAS, the Common Council desires to reconfirm the designation of a certain area <br /> designated by Declaratory Resolution No. 5018-23 and confirmed by Confirming Resolution No. <br /> 5025-23 as an Economic Revitalization Area for purposes of a five-year(5) personal property tax <br /> abatement; and <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 reconfirms Declaratory Resolution No. 5018-23 and <br /> Confirming Resolution No. 5025-23 designating the area commonly known as 3201 W. Calvert <br /> Street, South Bend, Indiana 46613, and which is more particularly described as: <br /> Business Personal Property <br /> and which has Key Numbers to be assigned, as an Economic Revitalization Area for purposes of <br /> a five-year(5)personal property tax abatement. <br /> SECTION II. The designation as an Economic Revitalization Area for purposes of a five-year(5) <br /> personal property tax abatement expires on December 31, 2030. <br /> SECTION III. The Common Council hereby determines that the Petitioner is qualified and is <br /> granted property tax deduction for a period of five(5) years as shown in Section V of Declaratory <br /> Resolution No. 5018-23 and further determines that the petition, the Statement of Benefits, and <br /> the Memorandum of Agreement between the Petitioner and the City of South Bend comply with <br /> Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 <br /> et seq. <br /> SECTION IV. 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 /> Canneth J. Lee, ouncil President <br /> South Bend Common Council <br /> Attest: <br /> taiikfr dou/t/t -- <br /> Bianca L. Tirado, City Clerk <br /> Office of the City Clerk <br /> Presented by me, the undersigned Clerk of the City of South Bend, to the Mayor of the <br /> City of South Bend, Indiana on the 28th day of October , 2025, at 12 o'clock p.m. <br /> Bianca L. Tirado, City Cle <br /> Office of the City Clerk <br /> Approved and signed by me on the 7 0fi� day of Molt"t" , 2025, at 2. o'clock <br /> m. <br /> James ueller, Mayor <br /> City South Bend, Indiana <br />