HomeMy WebLinkAboutConfirming Tax Abatement - Hubbell Electrical Products a Division of Hubbell, Incorporated (Delaware) 3902 W. Sample St. (5 Year Personal Property)Attest:
RESOLUTION
3340 -04
Passed by the Common Council of the City of South Bend, Indiana
June 14,
20 04
Presented by me to the Mayor of the City of South Bend, Indiana
June 15, 20 04
Approved and signed by me
City Clerk
President of Common Council
20 Q4 .
City Clerk
RESOLUTION NO. 3 S i o - o`
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY
KNOWN AS
3902 W. SAMPLE STREET
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
HUBBELL ELECTRICAL PRODUCTS
A DIVISION OF HUBBELL, INCORPORATED (DELAWARE)
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 declared an area commonly known as 3902
W. Sample Street, South Bend, Indiana, and which is more particularly described as
follows:
Irregular Tract 830.8' on Sample St. NW NE Sec 16- 37 -37 -2E 18.25 AC M or L
and which has Key Number 18 -8112 -4203 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 sec .
SECTION III. This Resolution shall be in full force and effect from and after its
adoption by the Common Council and approval by the Mayor.
PRESENTED � -I -} -0
NOT APPROVED
ADOPTED ( -\'AA1
Member of the Common 00uncil
Filed in Clerk's Office
MAY 17 24ibt