HomeMy WebLinkAbout17-20 Tax Abatement- JSK Reconfirming (Callendar St.) RESOLUTION NO.
A RESOLUTION RECONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION 4467-15 DESIGNATING CERTAIN
AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA,
COMMONLY KNOWN AS
122 Callander St. South Bend, IN 46614
AS AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A SIX (6) YEAR REAL
PROPERTY TAX ABATEMENT FOR
JSK Development, Inc./Ireland Hospitality, LLC
WHEREAS, the Common Council of the City of South Bend, Indiana, has
adopted a Declaratory Resolution designating certain areas within the City as Economic
Revitalization Areas for the purpose of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly known as
122 Callander St., South Bend, IN 46614 and which is more particularly described as
follows:
Key Number 023-1035-1759 — Lots 1&2 & N1/2 Vac Callender St S & Adj N Pt SW E
of Hwy 029/10 Vac Ord 9885-08
Key Number 023-1035-1760 — 74.48 x 179.15' Beg 430'S Ireland Rd & E Line US 31
Ex W 10' to State&N1/2 Vac Callender St S &Adj 09/10 Vac Ord 9885-08
Key Number 023-1035-1761 —60 x 135' On Callander E of US 31 &N '/2 Vac Callender
S &Adj 09/10 Vac Ord 9885-08
Key Number 023-1035-1767 — 110 x 141.32' Beg 420.17' E of E Line US 31 & S1/2
Vac Callender St N&Adj 09/10 Vac Ord 9885-08
Key Number 023-1035-1768 —Irr Tr Beg 174.94' E & 673.04' S of Inter Us 31 &E& W
C/L&S1/2 Vac Callender St N&Adj
Key Number 023-1035-1769—Irr Tr 118.25' E Side US 31 Beg 673.04' S of Ireland C/L
& S1/2 Vac Callender St N&Adj
and which has Key Numbers listed above be designated as an Economic Revitalization
Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution and the public
hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5;
and
WHEREAS, the Council held a public hearing for the purposes of hearing all
remonstrances and objections from interested persons; and
WHEREAS, the Council has determined that the qualifications for an economic
revitalization area have been met.
WHEREAS, the Council issues a Confirming Resolution confirming the adoption
of a Declaratory Resolution as Resolution No. 4467-15 on July 13, 2015
WHEREAS, the petitioner will not have the project completed within the two
year designation period granted in the Confirming Resolution, which will expire on June
23, 2017.
WHEREAS, the Petitioner has requested an additional period of time to complete
construction of the planned project. The project experienced unforeseen delays in the
design stage which led to an overall delay in the construction timeline.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
South Bend, Indiana, as follows:
SECTION I. The Petitioner acknowledges that they will not have the project completed
within the two year designation period granted in the Confirming Resolution due to the
following:
A. The project experienced unforeseen delays in the design stage which led to an
overall delay in the construction timeline.
The Common Council hereby finds that the extension of the designation is appropriate in
light of the aforementioned reason noted above.
SECTION II. The Common Council hereby reconfirms its Declaratory Resolution and
its Confirming Resolution designating the area described herein as an Economic
Revitalization Area for the purposes of tax abatement. Such designation is for real
property tax abatement only and is limited to three (3) calendar years from the date of
adoption of the Declaratory Resolution by the Common Council.
SECTION III. The Common Council hereby determines that the property owner is
qualified for and is granted a real property tax deduction for a period of six (6) years
pursuant to Indiana Code 6-1.1-12.1-17 and further determines that the petition, The
Memorandum of Agreement between the Petitioner and the City of South Bend, and the
Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the
City of South Bend and Indiana Code 6-1.1-12 et seq.
SECTION IV. This Resolution shall be in full force and effect from and after its
adoption by the Common Council and approved by the Mayor.
Member of the Common Council
Filed in Cierk' (.)ffilce
APR 2 0
KAREEMAH FOWLER
CITY CLERK. SOUTH BEND IN