HomeMy WebLinkAboutRecinding Tax Abatement - LaSalle Property Management Co. Inc. 237 N. Michigan St. (10 Year Real Property)Attest:
RESOLUTION
3103 -02
Passed by the Common Council of the City of South Bend, Indiana
June 10,
20_. 02
Presented by me to the Mayor of the City of South Bend, Indiana
City Clerk
President of Common Council
Approved and signed by me
June 14,
20 02 .
City Clerk
0
Resolution No. l o 3_ - Q -
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
INDIANA, RESCINDING RESOLUTION NO. 3090-02 WHICH DECLARED 237 NORTH
MICHIGAN STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
TEN (10) YEAR TAX ABATEMENT FOR
LASALLE PROPERTY MANAGEMENT CO., INC.
WeVI IS, the Common Council of the City of South Bend, Indiana adopted a Declaratory
Resolution on April 22, 2002, which declared the property located at 237 North Michigan Street an
economic revitalization area for purposes of a ten (10) year real property tax abatement for LaSalle
Property Management Co., Inc.; and
'fl11btrI S, said resolution was reviewed by the Community and Economic Development
Committee which reviewed the written Tax Abatement Report from the Department of Community
& Economic Development dated April 15, 2002, and detailed the information which verified the
applicant's qualifications for the requested real property tax abatement under § 2 -80 of the South
Bend Municipal Code addressing "mixed use developments in the Central Business District" prior
to formal action by the South Bend Common Council at the April 22, 2002 Common Council
meeting; and
Wb£rM, the South Bend Common Council received written communication from the
Petitioner's agent dated May 25, 2002 requesting that "our application for a tax abatement for the
property at 237 N. Michigan Street be withdrawn "; and
Wbl=40, the South Bend Common Council formally struck Bill No. 02 -42 which was
the proposed confirming resolution for said property at its May 28, 2002; and directed the Council
Attorney to prepare a resolution to rescind the declaratory resolution on this property.
nOW, ZbtrdOTlt, 6e it V9001A)0, by the Common Council of the City of South Bend,
Indiana, as follows:
Section L Based on the verbal and written communications from the agent for the
Petitioner, LaSalle Property Management Co., Inc., requesting withdrawal of their application for
tax abatement consideration, the Common Council of the City of South Bend, Indiana, hereby
rescinds Resolution No. 3090 -02 which was the Declaratory Resolution on the property located at
237 North Michigan Street, which declared said property an economic revitalization area for
purposes of a ten (10) year real property tax abatement for LaSalle Property Management Co., Inc.
at the Council's April-22, 2002 meeting.
Section II. 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 -0-0-L
-0-L
Filed In Clerk's Office
JUN 0 a 2002
LOWML DUDA
0ITY0U9K80. WKD,RL
COMMITTEE REPORT
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
02 -51 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH
BEND, INDIANA, RESCINDING RESOLUTION NO. 3090 -02 WHICH
DECLARED 237 NORTH MICHIGAN STREET AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR TAX
ABATEMENT FOR LASALLE PROPERTY MANAGEMENT CO., 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.
Karl King
Chairman