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Confirming Tax Abatement - 60971 U.S. 31 South - Ranjan J. Amin
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Confirming Tax Abatement - 60971 U.S. 31 South - Ranjan J. Amin
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Last modified
10/17/2007 2:35:06 PM
Creation date
10/9/2007 3:30:05 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/29/2007
Ord-Res Number
3754-07
Bill Number
07-76
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South Bend Common Council <br />RE: Tax Abatement for Ranjan J. Amin <br />Apri130, 2007 . <br />Page 2 <br />Chapter 2, Article 6, Section 2-81.1 of the South Bend allows for tax abatements for hotel/motel <br />development in the Central Business District, East Bank Development Area and the Airport <br />Economic Development Area. Petitioner is requesting a special exception for the hotel which will be <br />located outside of those areas. <br />EMPLOYMENT IMPACT <br />Per the petition, it is estimated that the total project will create (11) eleven new, permanent, full-time <br />jobs and (4) four new, permanent, part-time jobs within the first year representing a new annual <br />payroll of $200,000. <br />ABATEMENT QUALIFICATION <br />1. A review of the tax abatements previously granted finds that the petitioner has not been granted <br />or associated with any previous tax abatements: <br />2. The Building Commissioner has reviewed the petition and finds the property to be properly <br />zoned for the proposed project. <br />3. A review of the South Bend Redevelopment designation areas finds that the property is not <br />Iocated in any Tax Incremental Allocation Areas; therefore, no action is required by the South <br />Bend Redevelopment Commission. <br />4. A review of the Tax Abatement Ordinance No. 9394-03 finds that the petitioner does not meet <br />the qualifications for a real property tax abatement. A (3) three-year real property tax <br />abatement is being sought as a special exception. <br />File eri~'~ ~,i6ce <br />~,1 AY 2 2001 <br />JC~?PJ VOQ BE JD, IN. <br />CtT'l CLER?C, , <br />
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