HomeMy WebLinkAboutReconfirming Tax Abatement - Hoosier Tank & Manufacturing Inc. Designating a New Address of 1710 N. Sheridan St. (5 Year Personal Property)Attest:
RESOLUTION
3443 -05
Passed by the Common Council of the City of South Bend, Indiana
April 11,
05
20_.
Presented by me to the Mayor of the City of South Bend, Indiana
April 12,
1"
021
City Clerk
President of Common Council
Approved and signed by me A p r i 1 13, 20 n 5_ .
City Clerk
11' ..
RESOLUTION NO.
A RESOLUTION RECONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, TO BE AN
ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5)
YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
HOOSIER TANK & MANUFACTURING, INC.
DESIGNATING A NEW ADDRESS OF
1710 North Sheridan Street
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, the Common Council of the City of South Bend, Indiana, adopted a
Confirmatory Resolution, No. 3213 -03, confirming the designation that certain areas
within the City be an Economic Revitalization Area for the purpose of tax abatement
consideration; and
WHEREAS, the petitioner has now moved the project equipment to 1710 North
Sheridan Street (as opposed to the original address of 2502 West Lawton Street and 201
North Olive Street); and which is more particularly described as follows:
Parcel of land begging approximately 889.84' South & 40' East of NW '/4 SE 1/4 and
known as Gibbs Wire & Steel Co Inc minor sub section 33 -38 -2E cont approximately AC
with said real estate having the following Key Numbers 18- 2184 - 693803, 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 Personal 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 Personal property tax deduction for a period of five (5) years,
and further determines that the petition complies with Chapter 2, Article 6, of the
Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et seq.
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.
Member of the Common Council
PRESENTED- 11�OS�
NOT APPROVED
ADOPTED LH k_�,
Filed In Clerk's 0=9
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JOHN VOORDE
...., ro cou cn. REND. IN.
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
05 -37 A RESOLUTION RECONFIRMING THE ADOPTION
OF A DECLARATORY RESOLUTION DESIGNATING
CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND,
INDIANA, TO BE AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF A FIVE (5) YEAR PERSONAL
PROPERTY TAX ABATEMENT FOR HOOSIER TANK &
MANUFACTURING, INC., DESIGNATING A NEW
ADDRESS OF 1710 NORTH SHERIDAN STREET
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.
Roland Kelly
Chairman