01-09-84 Council Meeting Minutes

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REGULAR MEETING JANUARY 9, 1984 F SECTION I. That 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 five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Beverlie J. Beck Member of the Common Council RESOLUTION NO. 1110 -84 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHINT HE CITY OF SOUTH BEND, COMMONLY KNOWN AS U. S. 31 AND BRICK RD., SOUTH BEND, INDIANA, TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF TAX ABATEMENT. WHEREAS, the Common Council of the City of South Bend 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 designating the area commonly known as U.S. 31 and Brick Rd., South Bend, Indiana, and more particularly described by a line drawn as follows: A part of the southeast 1/4 of the Northwest 1/4 of Section 19, Township 38 North, Range 2 East of the 2nd Principal Meridian, German Township, City of South Bend, St. Joseph County, Indiana more particularly described as follows: Beginning at the intersection of the East line of the Northwest 1/4 of said Section 19 with the North right -of -way line of the Indiana East-West Toll Road a centerline survey of which is recorded in Plat Book 19A, Pages 1 -22 inclusive, in the office of the St. Joseph County Recorder: Thence North 000 54' 38" West along said East line of the Northwest 1/4 of said Section, 450.00 feet: thence South 890 43' 00" West parallel with the North right -of -way line of the Indiana East-West Toll Road, 500.00 feet; thence South 000 54' 38" East parallel with the East line of the Northwest 1/4 of said Section, 450.00 to the North right - of -way line of the Indiana East-West Toll Road; thence North 890 43' 00" East along said North right -of -way line 500.00 feet to the point of beginning and containing 5.16959 acres, more or less. as an Economic Revitalization Area; and, WHEREAS, notice of the adoption of before the Council has been published p WHEREAS, the Council held a public and objections from interested persons; WHEREAS, the Council has determine area have been met. a Declaratory Resolution and the public hearing ursuant to Indiana Code 6 -1.1- 12.1 -2 -5; and hearing for the purposes of hearing all remonstrances and that the qualifications for an economic revitalization NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. That 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 Personal property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Beverlie J. Beck Member of the Common Council