HomeMy WebLinkAboutDesignating Tax Abatement - RJR 1 LLC 3820 William Richardson Dr. (3 Year Real Property)Attest:
RESOLUTION
3120 -02
Passed by the Common Council of the City of South Bend, Indiana
September 9,
20 02 .
Presented by me to the Mayor of the City of South Bend, Indiana
- • MIM A I
City Clerk
President of Common Council
Approved and signed by me September 10
20 02
City Clerk
RESOLUTION NO. 3 120 3
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
3820 WILLIAM RICHARDSON DRIVE
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR
RJR i LLC
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 3820 William Richardson Drive, South Bend, Indiana, and which is more
particularly described as follows:
A parcel of land in the Northeast quarter of Section 21, Township 38 North, Range 2 East,
German Township, St. Joseph County, Indiana, and described as being Lot 6 of the Toll Road
Industrial Park - Section Four, as recorded under instrument number 8822752, dated August
18, 1988, at the office of the recorder, St. Joseph County, Indiana, and containing 9.1421 acres,
more or less, and is subject to all easements, restrictions and or covenants of record.
and which has Key Number 25- 500 - 15105, be designated as an Economic Revitalization Area under
the provisions of Indiana Code 6 -1.1 -12.1 et sea., and South Bend Municipal Code Sections 2 -76 et
seg., 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 seq.,
and South Bend Municipal Code Sections 2 -76, et se ., 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 sea., for tax abatement.
SECTION II. The Common Council hereby determines and finds 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 as Sections I through II of the Petition for Real Property Tax
Abatement Consideration and that 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 accepts 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 three (3) 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 and Indiana Code 6 -1.1- 12.1 -2.5, 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.
Member of the Common Council
PRESENTED C� -� - 82 2
NOT APPROVED
ADOPTED
Filed In Clark's Ofixe
SEP 0 4 2002
LORETTAJ. DUDA
CITYCLERR, DO. BEND, IN.
COMMITTEE REPORT
TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND:
Your Committee of the Whole, to whom was referred:
BILL NO.
02 -68 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 3820
WILLIAM RICHARDSON DRIVE AN ECONOMIC REVITALIZATION
AREA FOR PURPOSES OF A THREE (3) YEAR REAL PROPERTY
TAX ABATEMENT FOR RJR 1 LLC
Respectfully report that they have examined the matter and that in their opinion, this bill is
being recommended to the full Council with no recommendation due to there not being a
quorum in the committee meeting.
Karen L. White
Chairman