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HomeMy WebLinkAboutConfirming Tax Abatement - Business Systems Inc. 3234 F. J. Nimtz Pkwy (3 Year Real Property)Attest: RESOLUTION NO. 2268 -95 Passed by the Common Council of the City of South Bend, Attest July 10, io 95 Clerk Presented by me to the Mayor of the City of South Bend, July Approved and signed by me 11, 95 19 of Common Council. City Clerk Mayor RESOLUTION NO. &6tU A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3234 F.J. NIMTZ PARKWAY, SOUTH BEND, INDIANA 46628 TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR Business Systems, 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 3234 F.J. Nimtz Parkway, South Bend, Indiana and which is more particularly described as follows: Being a Replat of Lots 5A and 6 Bendix Park Minor Subdivision and part of the Northeast Quarter of Section 28T 38N R2E, German Township, City of South Bend, St. Joseph County Indiana with said real estate having the following key No. 25- 1010 - 040501 and No. 25- 1010 - 040516, 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: Re: Resolution /Property Tax Abatement For: Business Systems, Inc. Page 2 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 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. PRESENTED 7 qIJ NOT APPROVED ��}} r ADOPTED 7- 16, 96" Member f t Common Council Red in CIPY A's Office Du !3 IM PRENEGAMMON CITYCLERK S0. ®ou'lu