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HomeMy WebLinkAbout5063-24 Correcting Scrivener's Error: Retail Development Real Property Tax Abatement Petition for Peak Invesment and Asset Management LLC (Subsitute Bill)Attest: Attest: RESOLUTION No. 5063-24 Passed by the Common Council of the City of South Bend, Indiana January 08, 20 24 /1474d City C:erk President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana January 08, 20 24 Approved and signed by me J00,147 20 City Clerk Mayor United States of America • -RECEIVED- • APR 2 2 2024 ST.JOSEPH ASSESSOR COUNTY Certificate STATE OF INDIANA, COUNTY OF ST. JOSEPH, ss: I, Bianca L. Tirado, 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 NO. 5063-24 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, CORRECTING SCRIVENER'S ERROR IN RESOLUTION NO. 5031-23 DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1405 PORTAGE AVENUE, SOUTH BEND, IN 46616 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE-YEAR (5) REAL PROPERTY TAX ABATEMENT FOR PEAK INVESTMENT AND ASSET MANAGEMENT LLC ADOPTED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, JANUARY, 8, 2024 PRESENTED TO, APPROVED AND SIGNED BY MAYOR JAMES MUELLER, JANUARY, 12, 2024 ATTEST: SHARON L. MCBRIDE, PRESIDENT OF THE COMMON COUNCIL ATTEST: BIANCA L. TIRADO, 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 sett my hand and affixed the official Seal of the City of South Bend, St. Joseph County, Indiana, this ZZ day of {rn ( 20 2-1 Bianca L. Tirado Clerk of the City of South Bend St. Joseph County, Indiana By: 4J O, Deputy SUBSTITUTE BILL NO. 24-01 RESOLUTION NO. 5063-24 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, CORRECTING SCRIVENER'S ERROR IN RESOLUTION NO. 5031-23 DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1405 Portage Avenue, South Bend, IN 46616 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE-YEAR (5) REAL PROPERTY TAX ABATEMENT FOR Peak Investment and Asset Management LLC AND CORRECTING SCRIVENER'S ERROR IN RESOLUTION NO. 5040-23 CONFIRMING THE ADOPTION OF RESOLUTION NO. 5031-23 WHEREAS, on June 26, 2023, the Common Council of the City of South Bend, Indiana, adopted Resolution No. 5031-23 designating a certain area within the City as an Economic Revitalization Area for the purpose of tax abatement consideration; and WHEREAS, Resolution No. 5031-23 designated the area described as: Key Number: 71-03-35-360-020.000-026 Commonly Known As: 1405 Portage Avenue Legal Description: Lot C Victory Add & Vac Alley N & Adj & Ex Se Tri Cor to City 20/21 Con w/ 018-2182-6830 Per Assessors Req IC 6-1.1-5-16 an Economic Revitalization Area 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, on July 10, 2023, the Common Council adopted Resolution No. 5040-23 confirming Resolution No. 5031-23; and WHEREAS, in addition to the area described in Resolution No. 5031-23 and Resolution No. 5040-23, the area designated as an Economic Revitalization Area by Resolution No. 5031-23 and confirmed by Resolution No. 5040-23 should have also included the area described as: Key Number: 71-03-35-360-017.000-026 Commonly Known As: 1301 Elwood Avenue Legal Description: Lot 8 Victory Add Key Number: 71-03-35-360-016.000-026 Commonly Known As: 1305 Elwood Avenue Legal Description: Lot 7 Victory Add and that this additional area was inadvertently excluded in error from Resolution No. 5031- 23 and Resolution No. 5040-23; and WHEREAS, the Common Council desires to correct this scrivener's error appearing in Resolution No. 5031-23 and in Resolution No. 5040-23. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The area designated as an Economic Revitalization Area by Resolution No. 5031-23 as adopted on June 26, 2023, and confirmed by Resolution No. 5040-23 as adopted on July 11, 2023, is deleted and in its place is inserted the area described as: Key Number: Commonly Known As: Legal Description: 71-03-35-360-020.000-026 1405 Portage Avenue Lot C Victory Add & Vac Alley N & Adj & Ex Se Tri Cor to City 20/21 Con w/ 018-2182-6830 Per Assessors Req IC 6-1.1-5-16 Key Number: 71-03-35-360-017.000-026 Commonly Known As: 1301 Elwood Avenue Legal Description: Lot 8 Victory Add Key Number: 71-03-35-360-016.000-026 Commonly Known As: 1305 Elwood Avenue Legal Description: Lot 7 Victory Add SECTION II. Resolution No. 5040-23 is reaffirmed in all other respects and will continue in full force and effect according to its terms. 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. Attest: ianca Tir Office of ity Clerk ity Clerk , Co i1 President South Bend Common Council S`i.e. /u A4 g miff • Presented by me, the undersign Clerk of the Cjty of South Bend, to the Mayor of the City of Sp ith Bend, Indiana, on the Ir— day of , 2024, at o'clock `J/ .m. f� Bianca TiradoClerk Office of the y Clerk Approved and signed by me on the 1 'N 1 day of J 444417 , 2024, at 3 o'clock J s Mueller, Mayor Ci of South Bend