HomeMy WebLinkAboutConfirming Tax Abatement - Capitol Technologies Inc. 3511 & 3615 W. Voorde Dr. (6 Year Real Property)Attest:
RESOLUTION
NO. 2050 -93
Passed by the Common Council of the City of South Bend, Indiana
Attest
June 28, 19 93
Presented by me to the Mayor of the City of South Bend, Indiana
June 29, 93
19
Clerk
of Common Council.
Approved and signed by me X LMh. 1 19 `
City Clerk
Mayor
RESOLUTION
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
3511 AND 3615 WEST VOORDE DRIVE
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A SIX YEAR
REAL PROPERTY TAX ABATEMENT FOR
Capitol Technologies, Inc.
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 areas commonly known as 3615
West Voorde Drive and which is more particularly described as follows: 2664 AC
BEG. 814 FT. SO & 727.2 E CENTER SEC 33 -38 -2E with said real estate having
the following Key No. 18- 02184693816; and 3511 West Voorde Drive, and which is
more particularly described as follows: Beg. 815.52' S. & 1348.23' W NE Cor Sec
33 -38 -2E 2.61 acres with said real estate having the following Key No. 18-
02184693805, 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 1. 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 gam.
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.
PRESENTED G/ W9.3
NOT APPROVED
ADOPTED �� 9 �&
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