HomeMy WebLinkAboutDesignating Tax Abatement - Dynamic Industries Inc. 4747 & 4775 Ameritech Dr (5 Year Personal Property)Attest
RESOLUTION
NO. 2765 -99
Passed by the Common Council of the City of South Bend. Indiana
July
12,
••
Presented by me to the Mayor of the City of South Bend.
I
13
awin
Clerk
ident of Common Council.
Approved and signed by me
July 14
City Clerk
Mayor
RESOLUTION NO.
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN
THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS
4747 and 4775 AMERITECH DRIVE
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
DYNAMIC INDUSTRIES, INC.
WHEREAS, a petition for personal property tax abatement consideration has been filed
with the City Clerk for consideration by the Common Council of the City of South Bend,
Indiana, requesting that the area commonly known as 4747 and 4775 Ameritech Drive, South
Bend, Indiana, and which is more particularly described as follows:
ADDRESS LEGAL DESCRIPTION KEY NUMBER
4747 Ameritech Dr. LOT 7 OF U.S. 31 INDUSTRIAL 25- 1016 - 0600.10
PARK SECTION ONE RECORDED AS
INSTRUMENT 9743763 IN THE OFFICE
OF THE ST. JOSEPH COUNTY
RECORDER, INDIANA
4775 Ameritech Dr. LOT 8 OF U.S. 31 INDUSTRIAL 25 -1016- 0600.11
PARK SECTION TWO RECORDED AS
INSTRUMENT 9846535 IN THE OFFICE
OF THE ST. JOSEPH COUNTY
RECORDER, INDIANA
be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1-
12.1 et sea., and South Bend Municipal Code Sections 2 -76 et sea., and;
WHEREAS, the Department of Community and Economic Development has concluded
an investigation and prepared a report with information sufficient for the Common Council to
determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1-
12. 1, et sec., and South Bend Municipal Code Sections 2 -76, et sea., and has further prepared
maps and plats showing the boundaries and such other information regarding the area in
SECTION IV. The Common Council determines that such designation is for personal property
tax abatement only and shall be limited to two (2) calendar years from the date of the adoption
of this Resolution by the Common Council.
SECTION V. The Common Council hereby determines that the property owner is qualified
for and is granted property tax deduction for a period of five (5) years.
SECTION VI. The Common Council directs the City Clerk to cause notice of the adoption of
this Declaratory Resolution for Personal Property Tax Abatement to be published pursuant to
Indiana Code 5 -3 -1, said publication providing notice of the public hearing before the Common
Council on the proposed confirming of said declaration.
SECTION VII. This Resolution shall be in full force and effect from and after its adoption by
the Common Council and approval by the Mayor.
Member of the Common Council
3
. At,SLNTED -7-IZ. -r{q
NOT APPROVED
ADOPTED 1 -kL -99
Filed In Cierk °s Office
JUL 0 7 1999
LORETTAJ. DUDA
CITY CLERK, SO. BEND, IN.