HomeMy WebLinkAboutConfirming Tax Abatement - GVW Realty, LLC 4411 Quality Dr. (10 Year Real Property)Attest:
RESOLUTION
2947 -00
Passed by the Common Council of the City of South Bend, Indiana
November 13,
00
20_.
►1
Presented by me to the Mayor of the City of South Bend, Indiana
November 14,
11
City Clerk
President of Common Council
Approved and signed by me November 14, 20 00 .
City Clerk
0
RESOLUTION NO. 2� �,J —Oa
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
4411 QUALITY DRIVE
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR
GVW REALTY, 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 4411
Quality Drive, South Bend, Indiana, and which is more particularly described as follows:
Lot numbered one (1) as shown on the recorded plat of Hayes Olive Road Minor
Subdivision, recorded July 17, 2000 as Document Number 0033926 in the Office of the
Recorder of St. Joseph County, Indiana.
Lot numbered Twenty A (20A) as shown on the recorded plat of Landmark Business
Park, section 7, recorded October 19, 1992 as Document Number 9238271 in the Office of
the Recorder of St. Joseph County, Indiana.
and which has Key Numbers 25- 1017 - 060203 and 25- 1017 -0602, 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 confines 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 \ \- \3-0O
lsL.
Member of the Common C cil
Filed In Clerk's Office
OGT 2 � 20t1�
LORETTAJ. DUDA 4
CITY CLERK, SO. BEND, R8.