HomeMy WebLinkAboutConfirming Tax Abatement - GWSB Properties, LLC 5795 Brick Rd. (10 Year Real Property)Attest:
RESOLUTION
2917 -00
Passed by the Common Council of the City of South Bend, Indiana
August 28
00
20_.
Presented by me to the Mayor of the City of South Bend, Indiana
August 29
11
City Clerk
President of Common Council
Approved and signed by me
August 29,
20 00 .
City Clerk
4 :!- .
RESOLUTION NO. Z � n- 0 -0
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
5795 BRICK ROAD
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR
GWSB PROPERTIES, 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 5795
Brick Road, South Bend, Indiana, and which is more particularly described as follows:
A PARCEL OF LAND BEING A PART OF THE SOUTHWEST QUARTER OF
SECTION 17, TOWNSHIP 38 NORTH, RANGE 2 EAST, IN GERMAN TOWNSHIP, ST.
JOSEPH COUNTY, INDIANA
and which has Key Number 25 -1009 -0152, 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 F- L. -Oa
NOT APPROVED
ADOPTED g-18-f)6
Member of the Common o 1
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Alit n ? 2000
ZDHETfq J. DUDA
CITYCLERK. SO. SERD,i H.