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Confirming Tax Abatement - Lock Joint Tube Inc. 1400 Riverside Dr. (5 Year Personal Property)
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Confirming Tax Abatement - Lock Joint Tube Inc. 1400 Riverside Dr. (5 Year Personal Property)
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7/23/2015 3:19:42 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/27/1992
Ord-Res Number
1915-92
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along said cernterline of alley, 131.27 feet; thence South 00 <br />06v090 West along the East line of Lot 145 in the Third Plat <br />of Northwest Addition recorded March 7, 1907 in Plat Book 9' <br />page 60 in the Office of the St" Joseph County Recorder and <br />its Northerly and Southerly extensions, 195"00 feet to the <br />south line of Queen Street; thence South 89 56109" West along <br />said South line of Queen Street, 12"93 feet to the East line <br />of Allen Street; thence South 00 05151'/ West along said east <br />line of Allen Street, 329.87 feet to the South line of <br />McCartney Street; thence South 89 58127" East along said <br />South line of McCartney Street, 12°91 feet; thence South 00 <br />06v09" West 6"11 feet; thence North 89 56109" East 308.71 <br />feet to the Point of Beginning" <br />with said real estate having the following Key No. 18 2110 4067, <br />as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution <br />and the public hearing before the Council has been published <br />pursuant to Indiana Code 6-1^1-12,1-2"5; and <br />WHEREAS, the Council held a public hearing for the purposes <br />of hearing all remonstrances and objections from interested <br />persons; and <br />WHEREAS, the Council has determined that the qualifications <br />for an economic revitalization area have been met. <br />NOW'THEREFORE, BE IT RESOLVED by the Common Council of the <br />City of South Bendv Indiana/ as follows: <br />SECTION 1. The Common Council hereby confirms its <br />Declaratory Resolution designating the area described herein as an <br />Economic Revitalization Area for the purposes of tax abatement" <br />Such designation is for Personal property tax abatement only and <br />is limited to two (2) calendar years from the date of adoption of <br />the Declaratory Resolution by the Common Council" <br />SECTION II. The Common Council hereby determines that the <br />property owner is qualified for and is granted Personal property <br />tax deduction for a period of Five (5) yearsv and further <br />determines that the petition complies with Chapter 2, Article 6, <br />of the Municipal Code of the City of South Bend and Indiana Code <br />6-1"1-12"1-1 et seg. <br />SECTION III. This Resolution shall be in full force and <br />effect from and after its adiption by the Common Council and <br />approval by the Mayor. <br />NOT APPROVED <br />ADOPTED <br />/-/�-�� <br />' '~ '-. <br />_ ___ <br />Member�bf the Commcm CcuncIl <br />filed in Clerk's Office <br />
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