HomeMy WebLinkAboutDesignating 525 South Taylor Street as an Urban Development Area for Puposes of Tax Abatement ConsiderationRESOLUTION
N0. 850 -81
Passed by the Common Council of the City of South Bend, Indiana.
January 12,
Presented by me to the Mayor of the City of South Bend, Indiana
Approved and signed by
rq 81
City Clerk
_President of Common Council
January 13, 19 81
3
City Clerk
RESOLUTION NO.
RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
525 SOUTH TAYLOR STREET AS AN URBAN
DEVELOPMENT AREA FOR PURPOSES OF TAX
ABATEMENT CONSIDERATION
WHEREAS, a petition for real property tax abatement consi-
deration has been filed with the Common Council of the City of South
Bend pursuant to Section 2076(a) of the Municipal Code requesting
that the area commonly known as 525 South Taylor Street
and which more particularly described by a line drawn as follows:
Lots Numbered Three (3) and Four (4) as shown
on the recorded Plat of Touhey and Hagerty's
Subdivision of Bank Out Lot Numbered Fifty -nine
(59) of the First Plat of Out Lots of the Town,
now City of South Bend, platted by the State
Bank of Indiana
be designated as an Urban Development Area under the provisions of
Indiana Code 6 -1.1- 11.1 -1 and that the public utility and benefit of
the project be determined; and
WHEREAS, the Redevelopment Commission has conducted an
investigation pursuant to Section 2 -77 of the Municipal Code and pre-
pared a report determining that the area qualifies as an Urban Develop-
ment Area under Indiana Code 6 -1.1- 12.1 -1 and has further prepared
maps and plats showing the boundaries and such other information has
required by law of the area in question; and
WHEREAS, the Human Resources and Economic Development
Committee of the Common Council has reviewed said report and recommended
to the Common Council that the area qualifies as an Urban Development
Area.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of
the City of South Bend, Indiana, as follows:
SECTION I. That the Common Council hereby accepts the
report and recommendation of the Human Resources and Economic De-
velopment Committee that the area herein described be designated an
Urban Development Area and hereby adopts a resolution designating
this area as an Urban Development Area for purposes of real property
Tax Abatement.
SECTION II. That the Common Council requests the City
Clerk to submit this Resolution along with supporting data to the
Area Plan Commission for its written order approving or disapproving
this resolution.
SECTION III. That the Common Council directs the City
Clerk, upon receipt of the report of the Area Plan Commission to
cause notice of the adoption of this resolution to be published,
said publication providing notice of the public hearing before the
Common Council on said declaration.
SECTION IV. This resolution shall be in full force and
effect from and after its adoption by the Common Council and approval
by the Mayor.
Member of the Common Counci
HIM IN GIFF1211E
PRESENTED / — / — !y I,e"•,N j J`l
NOT APPROVED
ADOPTED
-2- Irene Gammon
CITY CLERK, SOUTH BEND, IND.
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