HomeMy WebLinkAboutConfirming Tax Abatement - South Bend Firefighters Federal Credit Union 1122 S. Main St. (3 Year Real Property)Attest:
RESOLUTION
NO. 2211 -95
Passed by the Common Council of the City of South Bend, Indiana,
Attest
January 9, 19 95,
J"��/
Clerk
Presented by me to the Mayor of the City of South Bend, I
January 10,
Approved and signed by me
Z.
of Common Council.
95
9
City Clerk
/Z 1995 .
Mayor
RESOLUTION NO. C2) /l - 9,5
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
1122 SOUTH MAIN STREET
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A THREE YEAR REAL
PROPERTY TAX ABATEMENT FOR
SOUTH BEND FIREFIGHTERS FEDERAL CREDIT UNION
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 1122 South Main Street, South Bend, Indiana and which is
more particularly described as follows:
Lot Numbered Four (4) as shown on the recorded Plat of
Studebaker Corridor Fourth Minor Subdivision, recorded May
7, 1993 in the Office of the Recorder of St. Joseph County,
Indiana, as Instrument No. 9315731.
with said real estate having the following Key No. 18- 8003 -0147,
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 II. The Common Council
property owner is qualified for
deduction for a period of three
that the petition complies with
Municipal Code of the City of S,
12.1 etsea.
SECTION III.
from and after
the Mayor.
PRESENTED /-q--q5
hereby determines that the
and is granted real property tax
(3) years, and further determines
Chapter 2, Article 6, of the
Duth Bend and Indiana code 6 -1.1-
This Resolution shall be in full force and effect
its adoption by the Common Council and approval by
a4L.,
M of t Co Council
NOT APPROVED 2
ADOPTED /- 9 -55
DEC 1 1904