HomeMy WebLinkAboutConfirming Tax Abatement - Greater South Bend Development Co. Northeast Corner of Hamilton & Huey Streets (6 Year Real Property)RESOLUTION
NO. 2058 -93
Passed by the Common Council of the City of South Bend,
July 26, 19 93
Attest: l_-` City Clerk
of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
July 27, 93
19
Approved and signed by me 4 2-�`�- �0 19
UU-
Clerk
Mayor
RESOLUTION NO. o?O SO' 49
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION
DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA
COMMONLY KNOWN AS THE NORTHEAST CORNER OF HAMILTON & HUEY STREETS
AS AN ECONOMIC REVITALIZATION AREA FOR THE PURPOSES OF A SIX YEAR
REAL PROPERTY TAX ABATEMENT FOR GREATER SOUTH BEND DEVELOPMENT COMPANY
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 com-
monly known as the Northeast corner of Hamilton and Huey Streets,
which is more particularly described as follows:
A lot or parcel of land in the West Half of the Northeast Quarter
of Section Thirty -four, Township Thirty -eight North, Range Two
East, described as beginning at the intersection of the East line
of Huey Street with the North line of Hamilton Street, in the
City of South Bend, which point is 164.26 feet North and 686 feet
East of the Southwest corner of the said Northeast Quarter of
Section 34; thence running North on the East line of Huey Street,
132 feet; thence East 127 feet; thence South 132 feet to the
North line of Hamilton Street; thence West on said line 127 feet
to the place of beginning, and being known as the parcel of land
127 feet in width, East and West, taken off of and from the
entire width of the West end of Lot Numbered Eighty -seven as
shown on a proposed Plat of Jackson's Subdivision, in the City of
South Bend, St. Joseph County, Indiana,
with said real estate having the following Key #: 18- 2113 -4148,
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 hereby determines that the
property owner is qualified for and is granted Real property
tax deduction for a period of six (6) 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
approval by the Mayor.
Filed 41, on
PRESENTED 7-ad 93 � i3 JUL 7
NOT APPROVED Memb�r of/the Common ou cil
iRENEGAMMON
ADOPTED_ a (o _43 CITY CLERK, SO. BEND, W.