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HomeMy WebLinkAboutAuthorizing the Urban Enterprise Association to Submit Application for Enterprise Zone Boundary Modification to Urban Enterprise Zone BoardAttest RESOLUTION NO. 2816 -99 Passed by the Common Council of the City of South Bend, Indiana, November 22, Clerk „"ident of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana November 2 Approved and signed by me November 29 19 99 City Clerk Mayor RESOLUTION NO. RESOLUTION OF THE COMMON COUNCIL OF SOUTH BEND, INDIANA AUTHORIZING THE URBAN ENTERPRISE ASSOCIATION OF SOUTH BEND, INDIANA, INC. TO SUBMIT AN APPLICATION FOR AN ENTERPRISE ZONE BOUNDARY MODIFICATION TO THE INDIANA URBAN ENTERPRISE ZONE BOARD WHEREAS, the State of Indiana has enacted I. C. 4- 4 -6.1, allowing certain areas within Indiana to be designated as "Enterprise Zone" areas and entitling property owners therein to certain benefits (as provided by law), from time to time; and WHEREAS, a certain area within the City of South Bend, Indiana, has been so designated as an Enterprise Zone effective as of January, 1984, said area modified effective as July, 1987, May, 1989, October, 1993, and July, 1998; the boundaries of which are those identified At Exhibit "A ", hereto: and WHEREAS, the Indiana Enterprise Zone Board has adopted a policy dated October 14, 1986, revised as of July, 1993 and March, 1998, stating, in part, that modification of an Enterprise Zone will not be considered without approval of such request by the Urban Enterprise Association, Mayor and City Council of the City within whose borders the Enterprise Zone is located; and WHEREAS, application has been made to modify the Enterprise Zone located within the City of South Bend, Indiana (hereinafter, the "ZONE "), to include within the ZONE certain parcels of real estate all as described at Exhibit "B ", attached hereto and incorporated herein; and WHEREAS, the parcels of real estate described at Exhibit `B" comprise property that is suitable for the redevelopment of commercial, industrial and residential activities and that is compatible with the goals and objectives of the five -year strategic plan of the Urban Enterprise Association of South Bend, Indiana, Inc., and that the inclusion of said properties is an appropriate modification of the boundary of the Enterprise Zone located within the City of South Bend, Indiana; and WHEREAS, the proposed boundary modification will impact the ZONE demographically and economically, as set forth in the boundary modification application attached hereto as Exhibit "D "; and WHEREAS, the Urban Enterprise Association of South Bend, Indiana, Inc., has approved the request for this boundary modification at a public meeting held on November 10 1999. NOW, THEREFORE, BE IT HEREBY RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: Section I. That the request for modification of the Enterprise Zone located within the City of South Bend, Indiana, which modification would modify the existing Enterprise Zone to include certain parcels of real property as described at Exhibit "D" hereto, thereby modifying the boundaries of the Enterprise Zone located within South Bend, Indiana, to those defined at Exhibit "C ", shall be and hereby is approved. Section II. That the demographic and economic impacts of the proposed boundary modification, as detailed in the boundary modification application, attached hereto as Exhibit "B" shall be and hereby are accepted. Section III. That the boundary modification application, attached hereto as Exhibit "D ", shall be and hereby is approved and accepted. Section IV. That this Resolution constitutes the approval of the request for modification of the Urban Enterprise Zone by the Council and Mayor of the City within which the zone in question is located, as required by the policy guidelines established by the Indiana Enterprise Zone Board, and hereby authorizes the Urban Enterprise Association of South Bend, Indiana, Inc., to submit an application to recommend an enterprise zone boundary modification to the Indiana Enterprise Zone Board. Section V. That this Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. CiS,t�C Member of the Common Council PRESENTED 1 \-L1-`( 1 NOT APPROVED ADOPTED \ \ -Z'L -j A Filed In Clerk's Office NOV 1 7 1999 LCRETTA A J. DUDA CRY CLERK, 80. BEND, IN,