HomeMy WebLinkAboutConfirming Tax Abatement - Trammell Crow MW LLC 130 S. Main St. (10 Year Real Property)RESOLUTION
NO. 2476 -97
Passed by the Common Council of the City of South Bend, Indiana
July 14, 1997
Clerk
Attest: _ Lot-'t 6'� President of Common Council.
Presented by me to the Mayor of the City of South Bend,lndi
July 15, 19 97
Approved and signed by me
July 15,
19 97
City Clerk
Mayor
RESOLUTION NO. � 6 / /
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
130 SOUTH MAIN STREET
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR THE
SOUTH BEND REDEVELOPMENT COMMISSION FOR THE BENEFIT OF
TRAMMEELL CROW MW, L.L.C.
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 130 South Main Street
and which is more particularly described as follows:
All of Lots Numbered Thirty (30), Twenty -nine (29) and Twenty -eight (28), the South 38 feet of Lot
Numbered Twenty -seven (27) of the Original Plat of the town (now City) of South Bend, St. Joseph County,
Indiana, and
All of Lots Numbered Thirty -one (31), Thirty -two (32), Thirty -three (33) and Thirty -four (34) of the
Original Plat of the town (now City) of South Bend, St. Joseph County, Indiana, and
A 14 foot wide alley, running North and South which lies between Lots 27 to 30 and Lots 31 to 34 in
the Original Plat of the town (now City) of South Bend; ALSO the 14 foot wide alley running East and West
lying between Lots 33 to 34 and Lots 27 to 28 in the Original Plat of the town (now City) of South Bend.
and which has Key Numbers 18- 3006 -0188 through 18 -3006 -0195 and 18 -3006 -0205 through 18- 3006 -215,
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.
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 I - Iq � �
NOT APPROVER /
ADOPTfiQ -/,///,97
H: \HOMEIMBEITZIN\ W P \TAXABATMABATES97 %TRAMMEL2. RES
Member of the Common ouncil