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HomeMy WebLinkAboutConfirming Tax Abatement - M/W L.L.C. 5681 W. Cleveland Rd. (6 Year Real Property)RESOLUTION NO. 2242 -95 Passed by the Common Council of the City of South Bend, Indiana 22, 19 95 Clerk Attest: president of Common Council. Presented by me to the Mayor of the City of South Bend, India May 23, 95 19 City Clerk Approved and signed by me 5/01-1 19 95_ e14. Mayor RESOLUTION NO._ _ � � I — q,5 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREA WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 5681 W. CLEVELAND RD. TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX YEAR REAL PROPERTY TAX ABATEMENT FOR M/W L.L.C. 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 5681 W. Cleveland Rd. and which is more particularly described as follows: Lot Numbered Four (4) as shown on the recorded Plat of Crossroads Industrial Complex Phase II, Section One, recorded in the Office of the Recorder of St. Joseph County, Indiana, as Instrument No. 9201847 with said real estate having the following Key No. 25 1018 061610, 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 purpose 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 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. ii i / Met1- PRESENTED 5 - a� - q,5 NOT APPROVER ADOPTED �, a�, Q�C -2- Filed in Clerk's Onice APR 1 7 1995 dAENECFKnANt+Cf': CFTY CLERK, SO, SEND, IN.