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_.._.v_ _REGULAR MEETING - _ r a -JUNE 11,19184-1--
<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 personal property tax abatement
<br />only 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 Resolution 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 resolutions at this time. Jack Dunfee, attorney
<br />for petitioner, indicated they planned to construct a regional metal scrap recycling
<br />and brokerage operation on this site, creating 75 to 200 new jobs. Council Member
<br />Zakrzewski made a motion to adopt Resolution No. 1154 -84, seconded by Council Member
<br />Crone. The resolution was adopted by a roll call vote of nine ayes. Council Member
<br />Taylor made a motion to adopt Resolution No. 1155 -84, seconded by Council Member
<br />Crone. The resolution was adopted by a roll call vote of nine ayes.
<br />RESOLUTION NO. 1156 -84
<br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION
<br />DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND,
<br />COMMONLY KNOWN AS 316 E. MONROE TO BE AN ECONOMIC REVITALIZATION
<br />AREA FOR PURPOSES OF TAX ABATEMENT.
<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 316 E.
<br />Monroe, South Bend, Indiana, and more particularly described by a line drawn as
<br />follows:
<br />A parcel of land being lots 4,5,6,8, 9, and 10, and a vacated 10 foot wide
<br />alley lying adjacent to said Lot 8, in George R. Hudson's Subdivision of parts
<br />of lots 19 and 20 in Denniston and Fellow's Addition, South Bend, Indiana, and
<br />being more particularly described as follows, viz:
<br />Beginning at the intersection of the South right -of -way line of Monroe Stret
<br />(82.5) feet wide) and the West right -of -way line of Columbia Street (66 feet
<br />wide), said intersection being the North east corner of Lot 4 in said George R.
<br />Hudson's subdivision; thence South 00- 00100' West (bearing assumed) along said
<br />westline of Columbia Street and the East lines of Lots 4,8, 9, and 10 in said
<br />subdivision, a measured distance of 264.76 feet to the southeast corner of said
<br />lot 10; thence North 890- 36' -01" West, along the South line of said lot 10, a
<br />measured distance of 132.69 feet to the Southwest corner of said lot 10; thence
<br />North 00- 10' -35" West, along the west lines of said lots 10, 9, 8, and said
<br />line projected, a measured distance of 150.11 feet to a point on the south line
<br />of lot 6 in said subdivision; thence North 890- 56' -26" West, along the south
<br />line of said lot 6, a measured distance of 15.86 feet to the southwest corner
<br />of said lot 6; thence North 00- 19' -13" East, along the West line of said lot 6,
<br />a measured distance of 114.13 feet to the northwest corner of said lot 6; thence
<br />South 890- 50' -14 "East, along the north line of lots 6,5, and 4 in said subdivision
<br />and said south line of Monroe Street, a measured distance of 148.37 feet to the
<br />point of beginning, containing 36,954.4 square feet, more or less. Subject to
<br />any easements, covenants, or restrictions of record.
<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 />
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