HomeMy WebLinkAboutConfirming Tax Abatement - Huckins Tool & Die Co. Inc. - 1010 Prairie Avenue (5 Year Personal Property)Attest
RESOLUTION
NO. 2548 -98
Passed by the Common Council of the City of South Bend. Indiana,
February 9,
Clerk
President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
February 10, l9 98
City Clerk
Approved and signed by me F'Qj3 - 11gr -Y 10, _ 19� gg.
Mayor
RESOLUTION NO. 6L�Y-Vy
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
1010 Prairie Avenue
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
Huckins Tool & Die Co., 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 1010 Prairie Avenue.
and which is more particularly described as follows:
Tract of land beg 260.58' swly se cor Sample & Vac Prairie Avenue cont 1.343
ac +- known as Tract 4
and which has Key Number 18 8021 084903, 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 2,9 �k
NOT APPROVED
ADOPTED -g_ C
SQ..6yV c6z a
Member of the Common Council
I1 T�Q
JAN 21 1998
j. EH t so, SFu D, IN.
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