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HomeMy WebLinkAbout4777-19 Hopkins Properties Confirming Real Property Tax Abatement RESOLUTION No. 4777-19 Passed by the Common Council of the City of South Bend, Indiana April 22, 20 19 Attest: a.S.-c4.-:44-€.-17( City Clerk Kareem:. ,,.� :r Attest' _ President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana April 22, 19 20 City Clerk Kareemah N. Fowler Approved and signed by me "T' 1 d� 1 20 I9 Maya United States of America RECEIVED- F.„� i 6 2019 }h"' A APR 2 6 2019 rl1UITOP ST.JOSEPH COUNTY `, i' JOSEPH COUNTY YASSESSOR Certificate 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 4777-19 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4373 AMERITECH DRIVE, SOUTH BEND, IN 46628 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SEVEN (7) YEAR REAL PROPERTY TAX ABATEMENT FOR HOPKINS PROPERTIES OF SOUTH BEND, LLC ADOPTED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, APRIL 22, 2019. PRESENTED TO, APPROVED AND SIGNED BY MAYOR PETE BUTTIGIEG, APRIL 24, 2019. 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 hereunto set my hand and af fixed the official Seal f the City of South Bend, St. Joseph County, Indiana, this(954= day of ApTLI 20 /7 Kareemah Fowler Clerk of the City of South Bend St. Joseph County, Indiana By: iI A/i111/ Deputy BILL NO. 19-23 RESOLUTION NO. 4777-19 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4373 Ameritech Drive, South Bend, IN 46628 AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SEVEN (7) YEAR REAL PROPERTY TAX ABATEMENT FOR Hopkins Properties of South Bend, 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 4373 Ameritech Drive, South Bend, Indiana, and which is more particularly described as follows: PARCEL I: Lot Numbered Four (4) in "Park One Northwest", as per plat thereof filed in the Office of the Recorder of St. Joseph County, Indiana, on August 1, 1985, as Instrument No. 8515748. PARCEL II: Lot Numbered One (1) as shown on the recorded Plat of U.S. 31 Business Centre Phase 1, recorded January 9, 2004 as Document No. 0401210 in the Office of the Recorder of Saint Joseph County, Indiana. PARCEL III: Lot Numbered Three A (3A) as shown on the recorded Plat of Park One Northwest First Replat, recorded April 4, 2003 as Document No. 0320042 in the Office of the Recorder of Saint Joseph County, Indiana, excepting therefrom any portion lying within the recorded Plat of U.S. 31 Business Centre Phase I recorded January 9, 2004 as Document No. 0401210. PARCEL IV: A tract of land in the West Half of the Northeast Quarter of Section 19, Township 38 North, Range 2 East, German Township, St. Joseph County, Indiana, more particularly described as follows: Commencing at the Northeast corner of said West Half of the Northeast Quarter of Section 19, Township 38 North, Range 2 East; thence South 00°48'00"East along the East line thereof 959.78 feet, said point being the true place of beginning; thence continuing South 00°48'00"East along said East line 1307.86 feet to the North line of the Indiana East-West Toll Road; thence South 89°42'57" West along said North line 324.04 feet to the East line of the South Bend Bypass; thence North 02°49'50" West along said East line 329.96 feet to an angle point in said East line; thence North 00°17'00" West along said East line 978.17 feet; thence North 89°42'57"East 326.91 feet to the place of beginning. and which has Key Numbers 025-1017-060806, 025-1017-060807, 025-1017-060809, and 025- 1017-060816 to 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. 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 three (3) 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 up to a period of seven (7) years as shown by the schedule outlined below as well as the attachment 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. Year 1 - 100% Year 2 - 95% Year 3 - 90% Year 4 - 85% Year 5 - 80% Year 6 - 75% Year 7—70% 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. Tim Scott, Counci - . South Bend Common Council PIM NIEL t-J 7/2A I > '`" t 'tip"