Confirming Tax Abatement - Trinet Essential Facilities X, Inc. 3310 William Richardson Ct. (6 Year Real Property)

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RESOLUTION NO. 31 K- O A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3310 WILLIAM RICHARDSON COURT AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR TRINET ESSENTIAL FACILITIES X, INC., For the benefit of. CEQUENT TOWING PRODUCTS, 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 3310 William Richardson Court, South Bend, Indiana, and which is more particularly described as follows: Toll Road Industrial Park, Phase IL Section One, Lot One and Section Two, Lot Two and which has Key Number 25- 1013- 021605, 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 remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met, except for $12,800 of the total rehabilitation cost as to which the Petitioner did not comply with Indiana Code 6 -1.1- 12.1- 11.3(a)(3). NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: