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HomeMy WebLinkAboutConfirming Tax Abatement - John S. Hosinski on behalf / Benfit of the Ultimate Connection, Inc. 119 N. Michigan St. (6 Year Real Property)Attest RESOLUTION NO. 2679 -98 Passed by the Common Council of the City of South Bend, Indiana, September 28, 19 98. Presented by me to the Mayor of the City of South Bend. Indiana September 29, 19--Q$. Approved and signed by me September 30, Clerk ident of Common Council. _City Clerk `98 Mayor RESOLUTION NO. q o q � 9 g A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 119 North Michigan Street TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A Six ( 6 ) YEAR REAL PROPERTY TAX ABATEMENT FOR John S. Hosinski on behalf of and for the benefit of The Ultimate Connection, 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 119 North Michigan Street, South Bend, Indiana, and which is more particularly described as follows: A parcel of land being a part of a parcel of land 11 feet in width, North and South, taken off of and from the entire length of the South side of Lot numbered Fourteen (14) and all of Lot numbered Fifteen (15), excepting therefrom a lot or parcel of land 4 1/2 feet in width, North and South, taken off of and from the entire length of the South side thereof, for the widening of Center Street, all as shown on the Original plat to the Town, now City of South Bend, Portage Township, St. Joseph County, Indiana. and which has Key Number 1810020075, 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 remonstrance's and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. Page 1 o f 2 NOW, THEREFORE, BE TT 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 Six ( 6 ) 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 R -2a - / 0 NOT APPROVED p ADOPTED q- 2 p , -1 n b Member of the Common Council Page 2 of 2 Filed in Clerk's 3fflc� FSEIP�-41998 LORETTAJ. DUDA CRY CLERK, SO. SEND, IN.