HomeMy WebLinkAboutConfirming Tax Abatement - GVW Realty, LLC 4411 Quality Dr. (6 Yr. Real Property) I�ESOLUTION
4113-11
Passed by the Common Council of the City of South Bend, Indiana
July 25, 11
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Attest: City Clerk
Attest� President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
J u ly 26, 2011
City Clerk
Approved and signed by me �i��� y �� 20�.
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RESOLUTION NO. � � L 3 � � (
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY
KNOWN AS
4411 QUALITY DRIVE
AS AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A SIX (6) YEAR REAL
PROPERTY TAX ABATEMENT FOR
GVW REALTY, 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 located at 4411 Quality
Drive and which is more particularly described as follows:
71-03-19-126-002.000-0 09
Lot numbered One(1) as shown on the recorded Plat of Hayes Olive
Road Minor Subdivision,recorded July 17, 2000 as Document
Number 0033926 in the Office of the Recorder of St. Joseph County,
Indiana. and
71-03-19-126-001.000-009
Lot numbered Twenty A (20A) as shown on the recorded Plat of
Landmark Business Park, Section 7, recorded October 19, 1992 as
Document Number 9238271 in the Office of the Recorder of St.
Joseph County.
and which has Key Numbers 71-03-19-126-002.000-009 and 71-03-19-126-001.000-009
presently at this point in time,be designated as an Economic Revitalization Area; and
WHEREAS, petitioner has agreed to and has accepted responsibility to report any
changes in the final legal description and to report the final, appropriate Key Number to
the Department of Community and Economic Development and to the Office of the City
Clerk; 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.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of
South Bend, Indiana, as follows:
SECTION I. The Common Council hereby confirms its Declaratory 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 two (2) calendar years from the date of adoption of the Declaratory
Resolution by the Common Council.
SECTION II. The Common Council hereby determines that the property owner is
qualified for and is granted Real property tax deduction for a period of six (_6� years,
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 sea.
SECTION III. This Resolution shall be in full force and effect from and after its
adoption by the Common Council and approved by the Mayor.
em er o the Common Council
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