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REGULAR, MEETING__- - _ �_ __... _ .MAY_ 14, 1984
<br />WHEREAS, the Common Council of the City of South Bend has adopted a Declaratory
<br />Resolution designating certain areas within the City as Economic Revitalization..
<br />Areas for the purpose of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the area commonly known as 227
<br />South Main Street and more particularly described by a line drawn as follows:
<br />Forty -four feet in width North and South taken off and from the entire length
<br />of the South side of Lot Numbered Two Hundred Sixty three (263) as shown on the
<br />Original Plat of the Town, now City, of South Bend. and, Situate in St.. Joseph
<br />County, in the State of Indiana: Thirty -three (33) feet taken off of and from
<br />the entire length of the South side of Lot Numbered Two Hundred Sixty -two (262)
<br />and Twenty -two (22) feet taken off of and from the entire length -of the North .
<br />side of Lot Numbered Two Hundred Sixty -three (263) of the Original Plat.of.the
<br />Town, now City of South Bend.
<br />as an Economic Revitalization Area; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public
<br />hearing before the Council has been published pursuant to Indiana Code 6-1.1- 12.1 -2-
<br />5; and
<br />WHEREAS, the Council held a public hearing for -the purposes of hearing all
<br />remonstrances and objections from interested persons; and
<br />WHEREAS, the Council has determined that the qualifications for an economic
<br />revitalization area have been met.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana, as follows:
<br />SECTION I. That the Common Council hereby confirms its Declaratory Resolution
<br />designating the area described herein as an Economic Revitalization Area for the
<br />purposes of tax abatement. Such designation is for real property tax abatement only
<br />and is limited to five (5) calendar years from `the date of adoption of a Declaratory
<br />Resolution by the Common Council.
<br />SECTION II. This Resoluton shall be in full force and effect from and after
<br />its adoption by the Common Council and approval by the Mayor.
<br />/s/ Beverlie J. Beck
<br />Member of the Common Council
<br />A public hearing was held on the resolution at this time. Tom Gibson, of the Holladay
<br />Corporation, indicated this structure had been vacant and for sale for a number of
<br />years. He indicated that the property is not located in a redevelopment area, however,
<br />it is located directly across the street and less than one block from the central
<br />downtown urban renewal area. He indicated that tax abatement, if granted, will have
<br />a positive effect on the neighborhood He indicated this proposed development will
<br />create 32 new jobs. Council Member Taylor made a motion to adopt this resolution,
<br />seconded by Council Member Serge. The resolution was adopted by a roll call vote of
<br />six ayes and three nays (Council Members Zakrzewski, Crone `and Voorde.)
<br />RESOLUTION NO. 1141 -84
<br />A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH
<br />BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY
<br />KNOWN AS THE SOUTH -WEST CORNER OF ELWOOD AVENUE AND PORTAGE
<br />AVENUE, AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF
<br />REAL PROPERTY TAX ABATEMENT.
<br />WHEREAS, a petition for real property tax abatement consideration has been
<br />filed with the Common Council of the City of South Bend requesting that the area
<br />commonly known as the Southwest corner of Elwood Avenue and Portage Avenue, South
<br />Bend, Indiana, and which is more particularly described by a line drawn as follows:
<br />A tract or parcel of land in the Northwest quarter of Section 2, Township 37
<br />North, Range 2 East, Portage Township, St. Joseph County, South Bend, Indiana,
<br />to wit:
<br />A tract or parcel of land in the Northwest quarter (1/4) of Section 2, Township
<br />37 North, Range 2 East, described as beginning at a point on the South line of
<br />Elwood Avenue, which point is Twenty (20) feet South and Nine Hundred Seventy -
<br />five (975) feet East of the Northwest corner of the Northwest Quarter (1 /4) of
<br />Section 2, Township 37 North, Range 2 East; running thence South One Thousand
<br />One Hundred Eighty -four and Seventeen Hundredths (1184.17) feet more or less to
<br />the Northerly line of the Chicago, Indiana Southern Railroad Company's right -
<br />of -way; thence Northeasterly along said Northerly line of said Chicago, Indiana
<br />Southern Rilroad Company's right -of -way One Thousand Sixty -three and Seven
<br />Tenths (1063.7) feet to the Southwesterly line of Portage Avenue thence Northwesterly
<br />along said Southwesterly line of Portage Avenue Three Hundred Eighty -nine and
<br />Five Tenths (389.5) feet to the South line of Elwood Avenue at this intersection
<br />existed prior to October 17, 1975, thence West along the South line of Elwood
<br />Avenue as it existed prior to October 17, 1975, Three Hundred Sixty -three and
<br />Four Tenths (363.4) feet to the point of beginning.
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