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Bill 16-13 Tax Abatement extension for LaSalle Apartments LLC
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Bill 16-13 Tax Abatement extension for LaSalle Apartments LLC
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4/26/2017 10:13:24 AM
Creation date
3/10/2016 10:52:09 AM
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City Council - City Clerk
City Counci - Date
3/14/2016
Bill Number
Bill 16-13
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RESOLUTION NO. <br />A RESOLUTION RECONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION 4330 -14 DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, <br />COMMONLY KNOWN AS <br />237 North Michigan Street, South Bend, IN 46601 <br />AS AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A TEN (10) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />The LaSalle Apartments LLC <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 located at 237 North <br />Michigan Street, South Bend, IN 46601 and which is more particularly described as <br />follows: <br />Lot 10 P So Bend <br />Lot 2 & N 33.45' <br />Lot 30P <br />and which has Key Numbers 71 -08 -12 -107- 005.000 -026 and 71 -08 -12 -107- 006.000 -026 <br />presently at this point in time, be designated as an 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 />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 />WHEREAS, the Council issued a Confirming Resolution confirming the adoption <br />of a Declaratory Resolution as Resolution No. 4330 -14 on March 24, 2014; and <br />WHEREAS, the petitioner has exceeded the two year designation period granted <br />
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