HomeMy WebLinkAboutConfirming Tax Abatement - FDC Graphic Films Inc. 3820 William Richardson Dr. (5 Year Personal Property)Attest
RESOLUTION
NO. 2810 -99
Passed by the Common Council of the City of South Bend, Indiana
November 8, 19 99
Presented by me to the Mayor of the City of South Bend, Indiana
November 9,
It
of Common Council.
City Clerk
Approved and signed by me Nora h g _ t9 99 _
Mayor
RESOLUTION NO. Z 81 b -9 9
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
3820 WILLIAM RICHARDSON DRIVE
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
FDC GRAPHIC FILMS, 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 3820 William
Richardson Drive and which is more particularly described as follows:
A parcel of land in the Northeast quarter of Section 21, Township 38 North, Range 2 East, German
Township, St. Joseph County, Indiana, and described as being Lot 6 of the Toll Road Industrial Park -
Section Four, as recorded under instrument number 8822752, dated August 18, 1988, at the office of the
recorder, St. Joseph County, Indiana, and containing 9.1421 acres, more or less, and is subject to all
easements, restrictions and/or covenants of record
and which has tax Key No. 25- 1013- 0211.19 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 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 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 'l I _g_q q
i
NOT APPROVED
ADOPTED II -3-Ij
of the Common Council
Filed In Clerk's Office
NOV 0 4 1999
LORETTAJ. DUDA
CITY CLERK, 80. BEND, IN.