HomeMy WebLinkAboutConfirming Tax Abatement - Veldman's Crossing Inc. 5316 Western Ave. (3 Year Real Property)Attest:
RESOLUTION
NO. 2280 -95
Passed by the Common Council of the City of South Bend, Indiana
Attest
September 25,19 1 95
Clerk
Presented by me to the Mayor of the City of South Bend, India
September 26, 95
19
Approved and signed by me
of Common Council.
City Clerk
Mayor
RESOLUTIONNO.
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
5316 WESTERN AVENUE
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A THREE YEAR REAL
PROPERTY TAX ABATEMENT' FOR
VELDMAN'S CROSSING, 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
5316 Western Avenue and which is more particularly described as follows:
A part of the SE 1/4 of Section 8, T 37 N, R 2 E, in the City
of South Bend, being more particularly described as follows,
to -wit:
Beginning at the NW comer of the SE 1/4 of Section 8; thence
E along the N line of said SE 1/4 a distance of 283.11;
thence S at right angle to said line of said SE 1/4 a distance of
247.25 ft.; thence W a distance of 283.38 A to a point on the
W line of said SE 1/4 that is 246.54 R S of the NW comer of said
SE 1/4; thence N along the said W line a distance of 246.54 ft. to the place
of beginning, situated in St Joseph County, Indiana, except legal
highways,
18- 35111 -88564
with said real estate having the following Key No.11} titan, 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 H. 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
NOT APPROV0.
ADOPTED 9 --�j -t
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CPTYCLERK, 30. SEND, W