HomeMy WebLinkAboutConfirming Tax Abatement - Stephen E. & Susan M. Busk Lot 16 & 17 Toll Road Industrial Park (6 Year Real Property)RESOLUTION
NO. 2216 -95
Passed by the Common Council of the City of South Bend, Indiana
January 23, 19 95
Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
January 24, 95
9
Approved and signed by me
G
/ T 19 t
City Clerk
Mayor
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RESOLUTION NO" C�o�&o'
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
Lot 16 and 17 Toll Road Industrial Park
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A YEAR REAL
PROPERTY TAX ABATEMENT FOR
Stephen E. and Susan M. Busk
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 Lot 16 and 17 Toll Road Industrial Park, South Bend and
which is more particularly described as follows:
(Legal Description)
with said real estate having the following Key No"
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 abjections 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 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
property owner is qualified for and is gr
tax deduction for a period of
determines that the petition complies with
of the Municipal Code of the CIty of South
6-1"1-12"1 et seg.
after SECTION III.
from and
the Mayor^
��ENT,D
n°iAPP1(}YED�
ADOyTU) /. l? /1L�
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determines that the
anted property
years, and further
Chapter 2, Article 6,
Bend and Indiana Code
This Resolution shall be in full force and effect
its adoption by the Common Council and approval by
r of the Common Council
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