HomeMy WebLinkAboutConfirming Tax Abatement - South Bend Redevelopment Commission Benefit Western Ave. Partners LLC 401 S. Michigan St. (6 Year Real Property)Attest:
RESOLUTION
NO. 2303 -95
Passed by the Common Council of the City of South Bend,
Attest:
November 13,
v
Clerk
President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
November 14, 95
19
Lr,gsnR� 1 City Clerk
Approved and signed by me ����'`'VF'Y� 19
Mayor
RESOLUTION NO. M-1,5
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
401 SOUTH MICHIGAN STREET
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR
SOUTH BEND REDEVELOPMENT COMMISSION
FOR THE BENEFIT OF:
WESTERN AVENUE PARTNERS, LLC
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 401
South Michigan Street and which is more particularly described as follows:
A parcel of land being a part of the Southwest Quarter of Section Twelve (12), Township
Thirty -seven (37) North, Range Two (2) East, also known as part of Lots Numbered Thirteen
(13), Fourteen (14), Fifteen (15) and part of Lot Sixteen (16) and the adjacent vacated 14 foot
alley in Martin's Addition all in the City of South Bend, Indiana and more particularly
described as: Beginning at the Northeast corner of said Lot 13; thence North 89 °- 45' -35" West
along the South right -of -way line of Western Avenue, a measured distance of 165.05 feet;
thence South 00- 00' -00" East along the West line of said lots 13, 14, 15 and 16, a measured
distance of 251.77 feet; thence South 89 °- 52' -37" East, a distance of 165.05 feet to the West
right -of -way line of Michigan Street; thence North 00- 00' -00" East (bearing assumed) along
said West right -of -way line, also being the East line of said Lots 13, 14, 15 and 16, a distance
of 251.48 feet to the place of beginning.
and which has Key Number 18- 3016 -0593 through 18- 3016 -0597, 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 TT. 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.
SF.CTTON TIT. This Resolution shall be in full force and effect from and after its adoption by
the Common Council and approved by the Mayor.
MB: mike /taxabate /apps &res /westrn2. res
PRESENTED 1 I —1J -%v
NOT APPROVED
ADOPTED
Mem . the ommon Council
Feted in Q&, r. - Z` U7
OCT 17 1995
IR EGAMMON
CETY�3i:CniYwYD.i3E�D,IN.