HomeMy WebLinkAboutConfirming Tax Abatement - Communitywide Federal Credit Union 1525 W. Western Ave. (3 Year Real Property)Attest:.
RESOLUTION
NO. 2462 -97
Passed by the Common Council of the City of South Bend, Indiana
May
E
27,
19 97
Clerk
Attest:` LY / President of Common Council.
Presented by me to the Mayor of the City of South Bend,
May 28, 19 97
Approved and signed by me May 30 _ 19 97 _
City Clerk
Mayor
RESOLUTION NO. J4 —9
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
1525 West Western Avenue
South Bend, Indiana 46619
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR
COMMUNITYWIDE FEDERAL CREDIT UNION
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 1525 West
Western Avenue, South Bend, Indiana 46614 and which is more particularly described as follows:
Lot No. 1 Goodwill/CommunityWide Minor Subdivision, being a minor subdivision
of Lot 3, Goodwill Industries minor part of the Northeast Quarter of Section 10,
Township 37 North, Range 2 East, City of South Bend, Portage Township, St. Joseph
County, Indiana.
and which has a Key Number 184096358113 , 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
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 three (3) 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 approval by the Mayor.
D:\DOC S \CLIENTS \C W FCUIGOOD W ILL.REA\ECONOMIC.RES
PRESENTED 6- 2 7 -W
NOT APPROVED
ADOPTEQ &- -7-97
Member of the Common Council
Filed in Clerk's Office
MAY - 6 1997
's
LDRETTA J. DUDYI�
CITY CLERK, 8D. BEND, IN,