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RESOLUTION NO. /6 7,5--(52 <br /> A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br /> RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY <br /> OF SOUTH BEND, COMMONLY KNOWN AS 650 NORTH WILBUR <br /> TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF <br /> TAX ABATEMENT. <br /> WHEREAS, the Common Council of the City of South Bend has adopted a <br /> Declaratory Resolution designating certain areas within the City as Economic <br /> Revitalization Areas for the purpose of tax abatement consideration; and <br /> WHEREAS, a Declaratory Resolution designated the area commonly known <br /> as 650 North Wilber Street and more particularly described by a line drawn as <br /> follows: <br /> Lot D, Davis Plat, City of South Bend, Indiana as an Economic Revitalization <br /> 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. 1-2-5; <br /> 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, THERFORE, BE IT RESOLVED by the Common Council fo the City of South <br /> Bend, 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 purposes <br /> of tax abatement. Such designation is for Personal property tax abatement only and <br /> is limited to five (5) calendar years from the date of adoption of the 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 /> lgr <br /> ,c,,,A J o / . i <br /> ember of the CommoJ,/ . .ncil <br /> ENIED IN CLE!WY'S OFFICE <br /> PRESENTECI� 7 2 / 43 JUL 61983 <br /> NOT APPROVED <br /> ADOPTED -/I-/S Irene Gam <br /> CITY cask son,H BEND Op <br />