HomeMy WebLinkAboutConfirming Tax Abatement - Communications Test Design, Inc.'s Expansion 2740 Viridian Dr. (6 Year Real Property)Attest:
RESOLUTION
NO. 2233 -95
Passed by the Common Council of the City of South Bend,
Attest
May 8, f9 95 .
Clerk
Presented by me to the Mayor of the City of South Bend, Indiana
May 9, 95
19
of Common Council.
City Clerk
Approved and signed by me E /�U 19,L.
0
Mayor
RESOLUTION NO. �3I5
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
2740 VIRIDIAN DRIVE, SOUTH BEND, INDIANA
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL
PROPERTY TAX ABATEMENT FOR
Communications Test Design, Inc.'s Expansion
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 2740 Viridian
Drive, South Bend, Indiana and which is more particularly described as follows:
A part of the Southeast Quarter (1/4) of Section Twenty -eight (28), Township
Thirty-eight (38) North, Range Two (2) East, of the Second Principal Meridian,
City of South Bend, St. Joseph County, Indiana and described as follows:
Commencing at the Northeast corner of the Southeast Quarter (1/4) of said
Section 28, said point being at the intersection of Bendix and Boland Drives;
thence South 89 °58'56" West (bearing assumed) along the Southerly right -of -way
line of Boland Drive 1502.51 feet; thence South 00 °21'33" West, 293.00 feet to
the Point of Beginning; thence North 89 °58'56" East, 520.01 feet; thence South
00 °21'33" West, 293.00 feet; thence South 89 058'56" West, 520.01 feet; thence
North 00 °21'33" East 293.00 feet to the Point of Beginning.
Subject to legal highways.
with said real estate having the following Key No. 25- 1010 - 040026, 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 1. 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 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 SeMc .
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 ��8,95
NOT APPROVED
ADOPTE05-8,95
M er o e Common Council
Filed in Clerk`s Oliice
APR
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INEN QMON
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