Confirming Tax Abatement - Enzyme Research Laboratories, Inc. 1801 Commerce Dr. (5 Year Personal Property)

Home Browse Search

RESOLUTION NO. 3 SS -(� - a �O A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1801 COMMERCE DRIVE TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR ENZYME RESEARCH LABORATORIES, INC. WHEREAS, the Common Council of the City of South Bend, Indiana, 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 designated the area commonly known as 1801 Commerce Drive, South Bend, Indiana, and which is more particularly described as follows: E PT LOT 25 AIRPORT INDUSTRIAL PARK PHASE II- SEC 33- 38 - 2E CONT .40 ACRES + / -. W 287 FT OF LOT 25 AIRPORT INDUSTRIAL PARK PHASE II SW 1- 4 SEC. 33 -38 -2E 1.57 ACRES S 80.5 FT OF LOT 24 SW AIRPORT INDUSTRIAL PARK PHASE II SEC 33 -38 -2E and which has Key Numbers 025 -1008- 033502; 025- 1008 - 033508; 018 - 2183- 688612; 018- 2183- 688603, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrance's and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met.