HomeMy WebLinkAboutConfirming Tax Abatement - Thomas E. Love Lot 14 Toll Road Indutrial Park (3 Year Personal Property)Attest
RESOLUTION
NO. 2385 -96
Passed by the Common Council of the City of South Bend. Indiana,
July 8, 96
19
Attest: 6--6--k/-4z - _ Pres
Presented by me to the Mayor of the City of South Bend,
July 9, 96
19
Approved and signed by me
Clerk
of Common Council.
City Clerk
' -- Mayor
RESOLUTION NO. c235-76
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
LOT 14 TOLL ROAD INDUSTRIAL PARK
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR
THOMAS E. LOWE
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 Lot 14
Toll Road Industrial Park, South Bend, Indiana and which is more particularly described as
follows:
LOT 14 TOLL ROAD INDUSTRIAL PARK
and which has Key Number 23- 1013- 021111, 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 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 -12.1 et sep.
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.
Member of the Common Coun
P: V vnKE \TAXABATE \ABATES96 \LOWE2.RES
PRESENTED 7 -9- 9VJ
NOT APPROVED
ADOPTED /_� ��