HomeMy WebLinkAboutConfirming Tax Abatement - Indiana Land Trust 5181 209 E. Colfax Ave. (10 Year Real Property)Attest:
RESOLUTION
3004 -01
Passed by the Common Council of the City of South Bend, Indiana
May 14,
zo 01
Presented by me to the Mayor of the City of South Bend, Indiana
May 15, 20 01
City Clerk
President of Common Council
Approved and signed by me May 16 2001_ .
City Clerk
RESOLUTION NO. 3004`0I
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
209 EAST COLFAX AVENUE
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR
INDIANA LAND TRUST 5181
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 209 East
Colfax Avenue, South Bend, Indiana, and which is more particularly described as follows:
Parcel I
Lot Numbered Seven (7) and the North Two - thirds of Lot Numbered Eight (8) as shown
on the Original Plat of the Town of Lowell, now a part of the City of South Bend.
Except any part thereof that is in the following described real estate:
That part of the Northwest Quarter of Section 12, Township 37 North, Range 2 East and
that part of Lots Seven (7), Eight (8), and Nine (9) in the Original Plat of the Town of
Lowell, now a part of the City of South Bend as recorded in the records of St. Joseph
County, Indiana.
Parcel II
Lot Numbered Nine (9) and the South One -third (1/3) part (being Twenty -two (22) feet in
width, North and South, off of the entire length of the South side) of Lot Numbered Eight
(8), all as shown on the Original Plat of the Town of Lowell, now a part of the City of
South Bend.
Except any part thereof that is in the following described real estate:
That part of the Northwest Quarter of Section 12, Township 37 North, Range 2 East and
that part of Lots Seven (7), Eight (8), and Nine (9) in the Original Plat of the Town of
Lowell, now a part of the City of South Bend as recorded in the records of St. Joseph
County, Indiana.
and which has Key Numbers 18 -5003 -0056 and 18 -5003 -0058, 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 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 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
NOT APPROVED
ADOPTED
Member of the Common Co cil
Filed in Clerk's Office
E 18 2001
LCRtiTAJ. DUDA
C"CLE K, SM UND, DL