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HomeMy WebLinkAboutConfirming Tax Abatement - South Bend Heritage Foundation 1200 Block of West Colfax Ave & 100 Block of Spruce St. (10 Year Real Property)Attest RESOLUTION NO. 2520 -97 Passed by the Common Council of the City of South Bend, Indiana, November 10, 97 Attest: Presented by me to the Mayor of the City of South Bend. Indiana November 12, 19 97 Clerk of Common Council. Approved and signed by me November 12 19 97 City Clerk Mayor o, — RESOLUTION NO. c2,S O- A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1200 BLOCK OF WEST COLFAX AVENUE AND 100 BLOCK OF SPRUCE STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION 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 1200 block of West Colfax Avenue and 100 block of Spruce Street, South Bend, Indiana, and which is more particularly described as follows: Lots numbered 93 -101 and 13 115 feet of the north part of lot numbered 102, all lying north of the present alley as shown on the recorded plat of commissioners' subdivision of bank out lot 79 with said real estate having the following key numbers: 18 -1044 -1891 through 18 -1044 -1902, 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 se q. 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 NOT APPROVED / �}` Member of the Common Cou cil ADOPTED / /- I Q / 7 H:\HOME\MBEITZIN\WP\TAXABATE\ABATES97\SBHERIT8.RES RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1200 BLOCK OF WEST COLFAX AVENUE AND 100 BLOCK OF SPRUCE STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL. PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION 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 1200 block of West Colfax Avenue and 100 block of Spruce Street, South Bend, Indiana, and which is more particularly described as follows: i Lots numbered 93 -101 and 13 115 feet of the north part of lot numbered 102, all lying north of the present alley as shown on the; recorded plat of commissioners' subdivision of bank out lot 79 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. --�ZLee�" Member of the Common Council Filed in Cle&\' H:\ HOME\ MBEI TZIN\ WP \TAXABATE \ABATES97 \SBHERIT8.RES s OCT - 7 -:/ ,u'.', -TTA„