HomeMy WebLinkAboutConfirming Tax Abatement - Con-Way Central Express 1530 S. Olive. (10 Year Real Property)Attest:
RESOLUTION
NO. 2149 -94
Passed by the Common Council of the City of South Bend, Indiana,
Attest
June
27, 19 94
Clerk
Presented by me to the Mayor of the City of South Bend, India
June
Approved and signed by me
28, 94
19
of Common Council.
City Clerk
&X 19
`--� Mayor
RESOLUTION NO. v21 9- 9
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
1530 SOUTH OLIVE
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A 10 YEAR
REAL PROPERTY TAX ABATEMENT FOR
CON -WAY CENTRAL EXPRESS
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 1530
South Olive and which is more particularly described as follows:
1. 1145.63'x 399.41' 3. S & ADJ RR SE
2. BEG E LN OLIVE ST 4. SEC 15 -37 -2E
with said real estate having the following Key No. 188075284102, 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 IL 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 5Q.
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.
of the
PRESENTED
NOT APPROVED
ADOPTED 4�j715;;S-
led in Clerk's Office
MAY 1 1994 I
IRENE GAMMON °-------- ---��)
CfrY CLERK, 86. BEND. IN.