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Confirming Tax Abatement - 511 East Colfax & 210 North Niles - Odyssian Technology 6 Year
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Confirming Tax Abatement - 511 East Colfax & 210 North Niles - Odyssian Technology 6 Year
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Last modified
10/8/2007 3:03:34 PM
Creation date
10/8/2007 2:51:30 PM
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Template:
City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
4/9/2007
Ord-Res Number
3729-07
Bill Number
07-25
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RESOLUTION NO. 3 7 Z ~ ~ ~ <br />A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS <br />WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br />KNOWN AS <br />511 EAST COLFAX AVENUE <br />AND <br />210 NORTH NILES AVENUE <br />AS AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A (6) SIX-YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />ODYSSIAN TECHNOLOGY <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has <br />adopted a 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 as <br />Odyssian Technology, South Bend, Indiana, and which is more particularly described as <br />follows: <br />Mid Pt 83 Ex 3' x 84.75' SW Cor OP Lowell; W 38.25' of E 80.25' Lot <br />84 W 38.25' of E 80.5' S 16.5' Lot 83 OP Lowell; 42' E End Lot 84 x <br />42' E End 1 Rd Side Lot 83 OP Lowell <br />and which has Key Numbers 18-5005-0116; 18-5005-0118 and 18-5005-0119 , as an <br />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 6-1.1-12.1-2.5; <br />and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrance's 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 />
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