HomeMy WebLinkAboutConfirming Tax Abatement - Crowe, Chizek & Company LLP 330 E. Jefferson Blvd. (10 Year Real Property)Attest:
RESOLUTION
3026 -01
Passed by the Common Council of the City of South Bend, Indiana
August 13, 2 01
Presented by me to the Mayor of the City of South Bend, Indiana
August 14, 20 01
City Clerk
President of Common Council
Approved and signed by me August 15, 20 01
City Clerk
0
RESOLUTION NO. 3 1 21�- M
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
330 EAST JEFFERSON BOULEVARD
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR
CROWE, CHIZEK AND COMPANY LLP
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 330
East Jefferson Boulevard, South Bend, Indiana, and which is more particularly described as
follows:
TR OF LAND LYING NELY FROM THE ELY PT OF INTER WESTERN &
COLUMBIA ST SO OF JEFFERSON CONT APPX 5.801 ACR SEC 12 -37 -2E
BEG APPX 316 58'N OF NE COR MONROE & COLUMBIA KNOWN AS PARCEL 6-
1B-B CONT APPX .811 ACR SEC 12 -37 -2E
TR BEG INTER E RIGHT OF WAY OF COLUMBIA & N RIGHT OF WAY MONROE
AT A POINT 270'N 75'E 43.10'SE & 113.02NELY TO POB CONT 21750 SQ' SEC 12-
37-2E AND BEING PARCEL II
and which has Key Numbers 18- 3090 -3479. 18- 3090 -3481 and 18- 3090 - 3484 -01 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 " years is the appropriate and rational time period for this tax abatement
in light of the following:
The petitioner is a long time South Bend based business and is the headquarters
for its worldwide operations.
2. The petitioner currently employs over 430 people in the South Bend office and
has an annual payroll of over $28 million. The petitioner also projects to add
150 new people to its payroll over the next six years.
The petitioner wants to expand its capabilities in the training and seminar areas,
which will result in thousands of new visitors to our community annually.
The petitioner cites the enormous costs associated with this project, with
construction costs of nearly $7.8 million and total project costs of over $10.8
million.
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 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 x"-13 -0`
NOT APPROVED
ADOPTED 8--k3-01
2
Member of the Common Coiheir
Filed in Clerk's Office
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7001
LORMAJ. DU()8+
CL
CITY VR 80.6@ND, IN.