HomeMy WebLinkAboutAmending Resolutions 2251-95 & 2247-95 to Replace the South Bend Redevelopment Commission on Behalf of Absorbtech LLC & Indiana LLCAttest:
RESOLUTION
NO. 2294 -95
Passed by the Common Council of the City of South Bend, Indiana,
Attest
October 23
Presented by me to the Mayor of the City of South Bend, Indiana
October 24, 95
19
Al-
Clerk
of Common Council.
Approved and signed by me oc'46'' G a� 19 't5-.
Clerk
- �& " Mayor
RESOLUTION NO. Zqq -g
A RESOLUTION AMENDING
RESOLUTIONS NO. 2251 -95 AND NO. 2247 -95
TO REPLACE THE SOUTH BEND REDEVELOPMENT
COMMISSION ON BEHALF OF
ABSORBTECHO, LLC WITH THE
SOUTH BEND REDEVELOPMENT COMMISSION
ON BEHALF OF AT OF INDIANA, LLC
AS THE NAMED PROPERTY OWNER FOR
REAL PROPERTY TAX ABATEMENT PURPOSES
WHEREAS, the Common Council of the City of South Bend, Indiana, has duly adopted
a Declaratory Resolution No. 2247 -95, designating as an Economic Revitalization Area for
the purpose of real property tax abatement, the area commonly known as 3900 West
William Richardson Drive, South Bend, Indiana (as more particularly described therein, the
'Property "); and
WHEREAS, the Council thereafter duly adopted Confirming Resolution No. 2251 -95
granting a six year real property tax abatement for the Property in the name of
Absorbtecht LLC; and
WHEREAS, at the time of its application for real property tax abatement, the applicant
had made only a preliminary choice of entity and applicant has submitted documentation
evidencing that it has organized as and holds title to the Property as AT of Indiana, LLC;
and
WHEREAS, it is the desire of the Common Council to correct Declaratory Resolution and
the Confirming Resolution to reflect the correct name of the Property owner;
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 that AT of Indiana, LLC shall
receive the real property tax deduction with respect to the Property for a period of six (6)
years.
SECTION II. The Common Council hereby amends Resolutions No. 2247 -95 and No.
2251 -95 by striking the words "AbsorbtechO, LLC" wherever they appear therein and
substituting in lieu thereof the words "AT of Indiana, LLC'.
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 16-)3 "9J
NOT APPROVED
ADOPTED /d - ),3-9,S
Me r o e Common Council
Filed in Cie, rc,,Q '
OCT 1 7 1995
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