HomeMy WebLinkAboutDesignating Tax Abatement - Mack Tool & Engineering Inc. Melvin W. Hartz and Sondra K. Hartz 2820 Viridian Dr. (5 Year Real Property)Attes
RESOLUTION
3385 -04
Passed by the Common Council of the City of South Bend, Indiana
September 27,
04
20_.
Presented by me to the Mayor of the City of South Bend, Indiana
September 28, 20 04
Approved and signed by me September 30
City Clerk
dent of Common Council
20 04 .
City Clerk
RESOLUTION NO. 333S- 01
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
2820 VIRIDIAN DRIVE
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR REAL PROPERTY TAX ABATEMENT FOR
MACK TOOL & ENGINEERING, INC., MELVIN W. HARTZ, AND
SONDRA K. HARTZ
WHEREAS, a petition for real property tax abatement has been filed with the City Clerk
for consideration by the Common Council of the City of South Bend, Indiana requesting
that the area commonly known as 2820 Viridian Drive, South Bend, Indiana, and which
is more particularly described as follows:
A part of the Southeast Quarter of Section 28, Township 38 North, Range 2 East, of the
Second Principal Meridian, City of South Bend, St. Joseph County.
and which has Key Numbers 25- 1010 - 040029, be designated as an Economic
Revitalization Area under the provisions of Indiana Code 6 -1.1 -12.1 et se q., and South
Bend Municipal Code Sections 2 -76 et seq., and;
WHEREAS, the Department of Community and Economic Development has concluded
an investigation and prepared a report with information sufficient for the Common
Council to determine that the area qualifies as an Economic Revitalization Area under
Indiana Code 6 -1.1 -12.1, et se q., 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 area in question as required by law; and
WHEREAS, the Community and Economic Development Committee of the Common
Council has reviewed said report and recommended to the Common Council that the 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 Petition for
Real Property Tax Abatement and the Statement of Benefits form completed by the
Petitioner meet the requirements of Indiana Code 6 -1.1 -12.1 et seg ., for tax abatement.
SECTION II. The Common Council hereby determines and finds pursuant to Indiana
Code 6 -1.1- 12.1 -3 et. seq. 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 set forth in Sections 1 through 3 of the Petition for
Real Property Tax Abatement Consideration, the Memorandum of Agreement between
the Petitioner and the City of South Bend, and the Statement of Benefits form 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 accept s the report and recommendation of
the Community and Economic Development Committee that the area herein described be
designated as an Economic Revitalization Area and hereby adopts a Resolution
designating this area as an Economic Revitalization Area for purposes of real property
tax abatement.
SECTION V. The designation as an Economic Revitalization Area shall be limited to
two (2) 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 five (5) years.
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, 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.
PRESENTED
NOT APPROVED
ADOPTED C�-21- 6�
Member of the 4/zw
Filed In Clerk's Office
E SP #I
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
04 -111 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 2820 VIRIDIAN DRIVE AN ECONOMIC REVITALIZATION
AREA FOR PURPOSES OF A FIVE (5) YEAR REAL
PROPERTY TAX ABATEMENT FOR MACK TOOL & ENGINEERING,
INC., MELVIN W. HARTZ, AND SONDRA K. HARTZ
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.
Sean Coleman
Chairman