HomeMy WebLinkAboutConfirming Tax Abatement - Curtis Products, Inc. 702 & 722 S. Carroll Street (5 Year Personal Property)Attest:
RESOLUTION
NO. 2852 -00
Passed by the Common Council of the City of South Bend, Indiana
March 27,
20�
Presented by me to the Mayor of the City of South Bend, Indiana
March 28, 20 00
City Clerk
President of Common Council
Approved and signed by me March 29, 20 00
City Clerk
0
RESOLUTION NO. M52-0-0
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
702 S. CARROLL STREET
722 S. CARROLL STREET
SOUTH BEND, INDIANA 46624
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
CURTIS PRODUCTS, INC.
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 702 S. CARROLL
STREET 722 S. CARROLL STREET and which is more particularly described as follows:
Lot A Monroe Sample Replat
Lot B Monroe Sample Replat
Lot G Monroe Sample Replat
Lot E Monroe Sample Replat
Lot F Monroe Sample Replat
and which has Key Numbers 18 3025 0910, 18 3025 0912, 18 3021 0793, 18 3024
090101, 18 35104 03004, 18 3092 3513, 18 3025 090401
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
objections from interested persons; and
WHEREAS, the Council has determined that the qualifications for an economic revitalization
area have been met.
V
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
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 Personal 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 Personal property tax deduction for a period of five (5) 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 seq.
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 3 -z-1 -oa
NOT APPROVED
ADOPTED -21- a
�Y
Member of the Common Coun 1
Filed in Clerk's Office
FEB 2 3 2000
LORERAJ. WDA
CRYCUM 80. BEND, K