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HomeMy WebLinkAbout4736-18 Modifying and reconfirming resolution for JSK Development (Ireland Hospitality/Holiday Inn Express) RESOLUTION No. 4736-18 Passed by the Common Council of the City of South Bend, Indiana September 10, 2018 Attest: City Clerk Kareemah N. Fowler Attest President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana September In 2018_—. City Clerk reemah N. Fowler Approved and signed by me ;11-P �� 20 . mayor United States of America KD S�F 13 2D 1� 13 2018 by L�D: 'l C R ST.JOSEPH cour�Ty T z1Ci> ASSESSOR • Y 1 ca e STATE OF INDIANA, COUNTY OF ST. JOSEPH, ss I, Kareemah Fowler, Clerk of the City of South Bend, County of St. Joseph. Indiana, hereby certify that the attached and foregoing is a full, true, and correct copy of RESOLUTION 4736-18 A RESOLUTION MODIFYING AND RECONFIRMING THE ADOPTION OF DECLARATORY RESOLUTION NO. 4467-15 DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 122 CALLANDER ST., SOUTH BEND, IN 46614 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A (6) SIX YEAR REAL PROPERTY TAX ABATEMENT FOR JSK DEVELOPMENT, INC./IRELAND HOSPITALITY, LLC ADOPTED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, SEPTEMBER 10, 2018 PRESENTED TO, APPROVED AND SIGNED BY MAYOR PETE BUTTIGIEG, SEPTEMBER 12,2018 ATTEST: TIM SCOTT, PRESIDENT OF THE COMMON COUNCIL ATTEST: KAREEMAH N. FOWLER, CITY CLERK the original of which is now on file in the office of the Clerk of the City of South Bend, St. Joseph County, Indiana. IN WITNESS WHEREOF, I have hereunt ei my hand and affixed the official Sealy f the City of South Bend, St. Joseph County, Indiana, this f day of 20 y Kareemah Fowler Clerk of the City of South Bend St. Joseph County, Indiana By-. Deputy BILL NO. 18-43 RESOLUTION NO. 4736-18 A RESOLUTION MODIFYING AND RECONFIRMING THE ADOPTION OF DECLARATORY RESOLUTION NO. 4467-15 DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 122 Callander St., South Bend, IN 46614 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A (6) SIX YEAR REAL PROPERTY TAX ABATEMENT FOR JSK Development, Inc./Ireland Hospitality, LLC WHEREAS, the Common Council of the City of South Bend has adopted declaratory resolutions designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, Declaratory Resolution No. 4462-15 designated the area located at 122 Callandar 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 ''/z 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 currently designated as an Economic Revitalization Area; and WHEREAS, upon proper notice, a public hearing was held, after which the Common Council issued Confirming Resolution No. 4467-15, confirming the adoption of Declaratory Resolution No. 4462-15 on July 13, 2015; and WHEREAS, the Petitioner was granted a two-year designation period in Confirming Resolution No. 4467-15, which expired on July 13, 2017; however, the project has not been assessed until July 2018; and WHEREAS, the Petitioner has requested additional two years to extend the designation period. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION 1. The Common Council hereby determines and finds that the extension of the designation is appropriate and meets the requirements of Indiana Code § 6-1.1-12.1 et seq. SECTION I1. The Common Council hereby reconfirms Declaratory Resolution No. 4462-15 and Confirming Resolution No. 4467-15 designating the area described herein as an Economic Revitalization Area for the purpose of a real property tax abatement. Such designation is limited to four(4) calendar years from the date of adoption of Declaratory Resolution No. 4462-15 by the Common Council. SECTION III. The Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of six (6) years as shown below and further determines that the petition, the Statement of Benefits and the Memorandum of Agreement between the Petitioner and the City of South Bend 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. Year 1 — 100% Year 2— 85% Year 3 —66% Year 4—50% Year 5 —34% Year 6— 17% 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. Tim Scott, Council Presi ent South Bend Common Council q I Iola L)I 8 . > 2 �s' 1