HomeMy WebLinkAboutConfirming Tax Abatement - Enterprise Centre Partners L.P. Lot 3 Olive Rd. Commerce Park 6851 Enterprise Dr. (10 Year Real Property)Attest
RESOLUTION
N0. 2725 -99
Passed by the Common Council of the City of South Bend, Indiana,
April 12, 1999 .
Presented by me to the Mayor of the City of South Bend, Indiana
April 13, 1999 .
Clerk
of Common Council.
City Clerk
Approved and signed by me April 14, 1999 _
Mayor
RESOLUTION NO. 17 Z 5- I I
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
LOT 3 OLIVE ROAD COMMERCE PARK
(6851 ENTERPRISE DRIVE)
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR
ENTERPRISE CENTRE PARTNERS L.P.
WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a
Declaratory Resolution, Resolution Number 2625 -98 adopted on May 11, 1998, 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 Lot 3
Olive Road Commerce Park (6851 Enterprise Drive), South Bend, Indiana, and which is
more particularly described as follows:
LOT NUMBER 3 OF THE OLIVE ROAD COMMERCE PARK, SECTION ONE
and which has Key Number 04- 1011- 018708, 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.