HomeMy WebLinkAboutConfirming Tax Abatement - SBL Building Co LLC 212 E. LaSalle St. (6 Year Real Property)Attest:
RESOLUTION
3093 -02
Passed by the Common Council of the City of South Bend, Indiana
May 13,
20 02
Presented by me to the Mayor of the City of South Bend, Indiana
May 14,
Approved and signed by me
May 14,
02
City Clerk
President of Common Council
20 02
City Clerk
RESOLUTION NO. 3693-02-
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
212 E. LASALLE STREET, SOUTH BEND, INDIANA
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A SIX (6) YEAR REAL
PROPERTY TAX ABATEMENT FOR
SBL BUILDING CO., LLC
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 212 E. LaSalle Street,
South Bend, Indiana, and which is more particularly described as follows:
Lots Numbered Four (4) through Six (6), inclusive as shown on the Original Plat of the Town
of Lowell, now a part of the City of South Bend, EXCEPTING THEREFROM a lot or parcel
of land 16 rods in length taken off of and from the entire width of the East ends of said lots.
ALSO, Lots Numbered Two (2) through Four (4), inclusive as shown on the recorded Plat of
Esther Miller's Subdivision of a part of Lots 4, 5, and 6 in the Original plat of the Town of
Lowell, now a part of the City of South Bend.
and which has Key Number 18 -5003 -0041, 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 ofthe 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 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 II. The Common Council hereby determines that the property owner is qualified for and is granted
Real property tax deduction for a period of six (6) 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 III. This Resolution shall be in full force and effect from and after its adoption by the Common
Council and approved by the Mayor.
PRESENTED S"�3't7Z
NOT APPROVED
ADOPTED S-\ 3 - 01--
tuber of the Common Coun it
MAR
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