HomeMy WebLinkAboutNo. 0664 encouraging the common council to designate the Airport Industrial Park as a tax abatement impact areaRESOLUTION NO. 664
A RESOLUTION OF THE SOUTH BEND REDEVELOPMENT COMMISSION
ENCOURAGING THE COMMON COUNCIL TO DESIGNATE THE AIRPORT
INDUSTRIAL PARK AS A TAX ABATEMENT IMPACT AREA.
WHEREAS, the South Bend Redevelopment Commission recognizes
that there are certain areas within the City which are blighted and
non - productive with regard to their contribution to this community's
tax base and employment opportunities; and
WHEREAS, the Redevelopment Commission and the South Bend
Common Council have pledged to consider the granting of tax abatement
to any property owners in these areas proposing a development which
meets the goals and objectives of the Council and Commission,
provided that the Council and Commission shall not favorably consider
projects which do not contribute to the public utility or public
benefit of the area; and
WHEREAS, the Redevelopment Commission has heard substantial
evidence indicating that the Airport Industrial Park Phases IV and V
have experienced a decrease in growth to an extent which cannot be
corrected by regulatory processes or the ordinary operations of
private enterprise without the assistance of its being designated a
tax abatement impact area to encourage and facilitate its
development; and
WHEREAS, the economic development of the City of South
Bend, through the creation of employment opportunities and other
positive benefits to the economy of this area, will be benefited by
such improvement;
NOW THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission:
SECTION I. That the Commission finds that the Airport
Industrial Parkk Phases IV and V, a map and legal description of
which are attached as Exhibits A and B and are incorporated fully
herein, have experienced under utilization, cessation of growth, and
a lack of employment growth and productivity with regard to its
contribution to this community's tax base and employment
opportunities.
SECTION II. The Redevelopment Commission pledges to
consider the granting of tax abatement to any property owners within
the Airport Industrial Park Phases IV and V who propose a development
which meets the goals and objectives of the Commission and Common
Council, but the Commission shall not favorably consider any projects
which do not contribute to the public utility or public benefit of
the area.
SECTION III. Any petition for tax abatement filed by such
property owners sh be reviewed by the Redevelopment Commission in
conformity with statutes and ordinances in effect at the time of
filing.
SECTION IV.
the South Bend Common
Phases IV and V a tax
SECTION V.
the Common ounce to
declaration.
That the Redevelopment Commission encourages
Council to declare the Airport Industrial Park
abatement impact area.
That a copy of this Resolution be forwarded to
indicate the Commission's support of its
REDEVELOPMENT COMMISSION
JAY NI Z, PR DENT
ATTE
. PE ER DONALDSON