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HomeMy WebLinkAbout4999-23 Designating Tax Abatement Properties: 2652 Jaclyn Ct, SB, IN 46614 & 3161 Young Ct, SB IN 46614 United States of America r *:* - F L ; - . *,,,,,„4: � ** rr.R 2 9 2023 AI)'-.IITDA "N' L,T. JC? ' _PI:j...:nIJNTY • -RECEIVED_, • MAR 2 9 2023 Certl cate ST. JOSEPH COUNTY ASSESSOR STATE OF INDIANA, COUNTY OF ST. JOSEPH, ss: I, Dawn M. Jones, 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 4999-23 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 2652 JACLYN COURT, SOUTH BEND, IN 46614 AND 3161 YOUNGS COURT, SOUTH BEND, IN 46614 ECONOMIC REVITALIZATION AREAS FOR PURPOSES OF A SIX- YEAR (6) REAL PROPERTY TAX ABATEMENT FOR THE ROBERT HENRY CORPORATION ADOPTED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, MARCH 13, 2023 PRESENTED TO, APPROVED AND SIGNED BY MAYOR JAMES MUELLER, MARCH 17,2023 ATTEST: SHARON L. MCBRIDE, PRESIDENT OF THE COMMON COUNCIL ATTEST: DAWN M. JONES, 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 hand and affixed the official Seal of the City of South Bend, St. Joseph County, Indiana, this ,i9 day of AGI%, ,.:72320 � Dawn M. Jones Clerk of the City of South Bend St. Joseph County, Indiana By: / '1 /I/ Orputy RESOLUTION No. 4999-23 Passed by the Common Council of the City of South Bend, Indiana March 13, 20 23 72C Attest: awn ke.10 ' v / / City Clerk M. Jones Attest; ACLA N. /14(3 4-1 fit, President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana March 14, 23 20 1 4 0 Olie '79( . t?z-vA) City Clerk Dawn M. Jones Approved and signed by me Marc 720 2) killifit Mayor BILL NO. 23-03 RESOLUTION NO. 4999-23 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 2652 Jaclyn Court, South Bend, IN 46614 AND 3161 Youngs Court, South Bend, IN 46614 ECONOMIC REVITALIZATION AREAS FOR PURPOSES OF A SIX- YEAR (6) REAL PROPERTY TAX ABATEMENT FOR THE ROBERT HENRY CORPORATION WHEREAS, petitions for real property tax abatement have been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the areas described as: Key Number: 71-08-22-103-005.000-026 Commonly Known As: 2652 Jaclyn Court, South Bend, IN 46614 Legal Description: Lot 13 Youngs Commerce Park 00-01 Replat Trans 5206 7/16/99 and Key Number: 71-08-22-102-002.000-026 Commonly Known As: 3161 Youngs Court, South Bend, IN 46614 Legal Description: Lot 3c Youngs Commerce Park 2nd Relpat 03-04 Replat Per Tr 921410-30-2002 00-01 Replat Trans be designated as Economic Revitalization Areas under the provisions of Indiana Code§ 6-1.1-12.1 et seq. and South Bend Municipal Code Sections 2-76 et seq.; and WHEREAS,petitioner has agreed to and has accepted responsibility to report any changes in the Key Number and legal description to the Department of Community Investment and to the Office of the City Clerk; and WHEREAS,the Department of Community Investment has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that each area qualifies as an Economic Revitalization Area under Indiana Code § 6-1.1-12.1 et seq. and South Bend Municipal Code Sections 2-76 et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the areas in question as required by law; and WHEREAS,the Community Investment Committee of the Common Council has reviewed said report and recommended to the Common Council that each area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds that the Petitions for Real Property Tax Abatement and the Statement of Benefits forms completed by the Petitioner meet the requirements of Indiana Code § 6-1.1-12.1 et seq. for tax abatement. SECTION II. The Common Council hereby determines and finds the following: A. That the description of the proposed redevelopment or rehabilitation meets the applicable standards for such development; B. That the estimate of the value of the redevelopment or rehabilitation is reasonable for projects of this nature; C. That the estimate of the number of individuals who will be employed or whose employment will be retained by the Petitioner can reasonably be expected to result from the proposed described redevelopment or rehabilitation; D. That the estimate of the annual salaries of those individuals who will be employed or whose employment will be retained by the Petitioner can be reasonably expected to result from the proposed redevelopment or rehabilitation; E. That the other benefits about which information was requested are benefits that can be reasonably expected to result from the proposed described redevelopment or rehabilitation; and F. That the totality of benefits is sufficient to justify the requested deduction, all of which satisfy the requirements of Indiana Code § 6-1.1-12.1-3. SECTION III. The Common Council hereby determines and finds that the proposed described redevelopment or rehabilitation can be reasonably expected to yield benefits identified in the Statement of Benefits, Sections 1 through 3 of the Petitions for Real Property Tax Abatement Consideration and the Memorandum of Agreement between the Petitioner and the City of South Bend, and that the Statement of Benefits forms completed by the petitioner, said form being prescribed by the State Board of Accounts, are sufficient to justify the deduction granted under Indiana Code § 6-1.1-12.1-3. SECTION IV. The Common Council hereby accepts the report and recommendation of the Community Investment Committee that the areas herein described be designated as Economic Revitalization Areas and hereby adopts a Resolution designating each area as an Economic Revitalization Area for purposes of real property tax abatement. SECTION V. The designations as Economic Revitalization Areas shall be limited to three (3) calendar years from the date of the adoption of this Resolution by the Common Council. SECTION VI. 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 by the schedule outlined below as well as the attachment pursuant to Indiana Code § 6-1.1-12.1-17. Year 1 - 100% Year 2 —90% Year 3 - 80% Year 4 - 70% Year 5 - 60% Year 6 - 50% SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to Indiana Code § 5-3-1 and Indiana Code § 6-1.1-12.1-2.5, said publication providing notice of the public hearing before the Common Council on the proposed confirming of said declaration. SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. flAWYL 61( 1/4 I S on McBride, Council President South Bend Common Council Attest: /6& Dawn M. Jones, City Clerk Office of the City Clerk Presented by me, the undersigned Clerk of the C}}'I�t^^y''of South Bend, to the Mayor of the City of South Bend, Indiana, on the `9i day of - Tt ,1 , 2023, at JW o'clock .m. 41Z-4D Dawn M. Jones, City Clerk Office of the City Clerk Approved and signed by me on the 171' day of hi•lit. ,2023, at 3 o'clock f.m. 114o Jpies Mueller, Mayor ity of South Bend