HomeMy WebLinkAboutConfirming Tax Abatement - Relaxation, Inc. d/b/a La-Z-Boy Furniture Galleries 301 N. Main St, 211 W. LaSalle (10 Year Real Property)RESOLUTION
2165 -94
Passed by the Common Council of the City of South Bend, Indiana,
August 22, 19 94
Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
Approved and signed by me
City Clerk
c --`- -- Mayor
RESOLUTION NO. a ICe S •`/
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
301 N. MAIN STREET, 211 W. LASALLE
SOUTH BEND, INDIANA 46601
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR
RELAXATION, INC. D /B /A LA -Z -BOY FURNITURE GALLERIES
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 301 N. Main Street, 211 W. LaSalle, South Bend, Indiana
46601 and which is more particularly described as follows:
LOTS 214, 215 & 216 IN THE "ORIGINAL TOWN (NOW CITY) OF SOUTH
BEND ", AS RECORDED IN THE RECORDS OF ST. JOSEPH COUNTY,
INDIANA EXCEPTING: BEGINNING AT A POINT 83.60 FT. WEST OF THE
N.E. CORNER OF SAID LOT ##214; THENCE, EAST ALONG THE NORTH
LINE OF SAID LOT, 83.60 FT.; THENCE, SOUTH ALONG THE EAST LINE
OF SAID LOT, 33.00 FT.; THENCE, WEST, 83.60 FT. TO A POINT
WHICH IS 32.85 FT. SOUTH OF THE POINT OF BEGINNING; THENCE,
NORTH, 32.85 FT. TO THE POINT OF BEGINNING.
with said real estate having the following Key Numbers 18 -1008-
028902 and 18- 1008 -0290, 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
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 hereby determines that the property
owner is qualified for and is granted Real property tax deduction
for a period of ten (10) 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. n
PRESENTED 8%2/941
NOT APPROVED
ADOPTED 9- a a ^Q y
Wdlfitferk's Office
JAN 1 4 1934
IRENE GAMMON
CRY CLERK, BO. BEND, RL