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HomeMy WebLinkAboutConfirming Tax Abatement - RGF, Inc. 5307 W. Western Ave. (3 Year Real Property)Attest: RESOLUTION NO. 2156 -94 Passed by the Common Council of the City of South Bend, Indiana Attest July 11, 19 , 94 Clerk Presented by me to the Mayor of the City of South Bend, Indiana Approved and signed by me July 12, 94 of Common Council. 113 199 City Clerk Mayor RESOLUTION NO,, 9 r A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 5307 W. WESTERN AVE. TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A (THREE) YEAR REAL PROPERTY TAX ABATEMENT FOR RGF, INC. WHEREAS, the Common Council of the City of South Bend, Indiana, has adoped 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 5307 W. Western Ave. and which is more particularly described as follows: A tract of land located in the Southwest Quarter of the Northeast Quarter of Section 8, Township 37 North, Range 2 East, in the City of South Bend, more particularly described as follows: Beginning on the East line of Mayflower Road at a point 195.19 feet on an assumed bearing of North 00 9' 15" East, and 40 feet South 890 50' 45" East of the Southwest corner of said Northeast Quarter of Section 8: thence North 0° 9' 15" East along said East line of Mayflower Road, 115 feet; thence South 890 50' 45" East, 243.1 feet; thence South 00 9' 15" West, 192.05 feet to the North line of Western Avenue; thence North 890 21' 45" West, 150 feet; thence North 50° 41' 45" West, 120.04 feet to the place of beginning. with said real estate having the following Key No. +18- 4129- 504307, 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 objection 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 if for Real property tax abatement only and is limited to two (2) calandar years from the date of adoption of the Declaatory 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 three (3) 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 seq. SECTION III. This resolution shall be in full force and effect from and after its adoption by the Common Council,..and approvaA by the Mayor. PRESENTED NOT APPROVED ADOPTED 7 Filed In Cleric's Office E�ss4 ENE OmMON CRY CLERIC, $0. BEND, IN.