HomeMy WebLinkAboutConfirming Tax Abatement - South Bend Redevelopment Commission benefit of: JVH, Inc. 4833 Ameritech Dr. (10 Year Real Property)Attest:
RESOLUTION
3104 -02
Passed by the Common Council of the City of South Bend, Indiana
June 24,
20_. 02
Presented by me to the Mayor of the City of South Bend, Indiana
June 25 2002
City Clerk
President of Common Council
Approved and signed by me
June 25,
20 02 .
City Clerk
lTr - ..
RESOLUTION NO. 3W-1-0-1—
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
4833 AMERITECH DRIVE
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR THE
SOUTH BEND REDEVELOPMENT COMMISSION for the benefit of:
JVH, 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 4833
Ameritech Drive, South Bend, Indiana, and which is more particularly described as follows:
US 31 Industrial Park; Section 2, Lot 9
US 31 Industrial Park; Section 2, Lot 10
US 31 Industrial Park; Section 4, '/2 of Lot 11
and which has Key Numbers 25 -1016- 060012; 25- 1016 - 060013; 25 -1016- 060016 respectively,
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 pursuant to Section 2 -84 of the South Bend Municipal
Code finds the ten (10) years is the appropriate and rational time period for this tax abatement
in light of the following:
The petitioner was asked by the City of South Bend to relocate the business to
accommodate the TJX Company's new warehouse distribution center.
2. The petitioner will incur additional building costs associated with the new
location as a result of the restrictive building covenants of the new area.
The new location fits the City of South Bend's development plans for the area
and will support the warehouse and distribution services already located within
the area.
SECTION II. 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 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 III. The Common Council hereby determines that the property owner is qualified
for and is granted Real property tax deduction for a period of ten (10) 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 sea.
SECTION IV. This Resolution shall be in full force and effect from and after its adoption by
the Common Council and approved by the Mayor.
PRESENTED ,b_L4 -��
NOT APPROVED
ADOPTED 6-1-1-02,
PA
Member of the Common Council
Rled In Clerk's Office
JUN 0 �p 2002
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