HomeMy WebLinkAboutConfirming Tax Abatement - The Lebermuth Co Inc. 4004 Technology Dr. (8 Yr. Real Property)Attest:
RESOLUTION
4294 -13
Passed by the Common Council of the City of South Bend, Indiana
November 11,
13
20_.
Presented by me to the Mayor of the City of South Bend, Indiana
November 12, 20
City Clerk
President of Common Council
Approved and signed by me NUCI f" K f le I Z —2013—
3
City Clerk
RESOLUTION NO. '--( 2-1 `t- O
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY
KNOWN AS
4004 TECHNOLOGY DRIVE
AS AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF AN EIGHT (8) YEAR REAL
PROPERTY TAX ABATEMENT FOR
THE LEBERMUTH COMPANY, INC.
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
4004 Technology Drive, South Bend, Indiana, and which is more particularly described
as follows:
Lot numbered Six (6) as shown on the recorded Plat of Landmark Business Park,
Section 3, recorded April 18, 1985 as Document Number 8506870 in the Office
of the Recorder of St. Joseph County, Indiana.
and which has Key Number 71- 03 -19- 200 - 010.000 -009 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 c:rifirms 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 two (2) 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 eight (8)
years as shown by 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 sea.
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.
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CITY CLERK, SQUTX SEND, ^'
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
13 -72 A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN
AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA,
COMMONLY KNOWN AS 4004 TECHNOLOGY DRIVE AS
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF AN EIGHT (8) YEAR REAL PROPERTY TAX
ABATEMENT FOR THE LEBERMUTH COMPANY, INC.
Respectfully report that they have examined the matter and that in their opinion,
this bill is being recommended to the full Council with a favorable
recommendation.
This bill was heard by the Community Investment Committee
Karen L. White
Chairperson, Committee of the Whole