HomeMy WebLinkAboutConfirming Tax Abatement - Precision Millwork & Plastics Inc. 4102 William Richardson Ct. (6 Year Real Property)Attest
RESOLUTION
NO. 2373 -96
Passed by the Common Council of the City of South Bend,
June 241 96
19
Clerk
Attest: �! / President of Common Council.
Presented by me to the Mayor of the City of South Bend. Indian
June 25, 96
19
City Clerk
Approved and signed by me
Mayor
RESOLUTION NO. 3'3-W
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
4102 WILLIAM RICHARDSON COURT
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A (6) SIX YEAR
REAL PROPERTY TAX ABATEMENT FOR
PRECISION MILLWORK & PLASTICS 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 4102
William Richardson Court and which is more particularly described as follows:
Lot Numbered Five (5) as plated in the plat of the Toll Road Industrial Park, Phase
Two, Section One as recorded as Document No. 9426579 in the Office of the
Recorder, St. Joseph County, Indiana.
with said real estate having the Key No. 25- 1013 - 0216.06 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 L 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 -12.1 et seq.
SECTION M. This Resolution shall be in full force and effect from and after its adoption
by the Common Council and approval by the Mayor.
Member of the Common ouncil
PRESENTED Ip,t'- 7
NOT APPROVED `\
ADOPTED