HomeMy WebLinkAboutConfriming Tax Abatement - Hoosier Tank & Manufacturing Inc. 2502 W. Lawton St. (5 Year Personal Property)Attest:
RESOLUTION
NO. 2013 -93
Passed by the Common Council of the City of South Bend, Indiana
February 22,
"O�- A-, )
9 93
Clerk
Attest: yial.. President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
February
K
23,
93
19
Approved and signed by me_
City Clerk
Mayor
RESOLUTION N0. 2Q/, ?_ 93
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 2502 WEST
LAWTON STREET, TO BE AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX
ABATEMENT FOR HOOSIER TANK AND MANUFACTURING, 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 desinnated the area commonly known as
2502 West Lawton Street and which is more narticularly described as follows:
Lots sixty (60), sixty -one (61), sixtv -two (62),
sixty -three (63), sixty -four (En), sixty -five (65),
sixty -six (66), and sixty -seven (67) as shown on the
recorded Plat of !-lest End Subdivision, within and a
part of the City of South Bend, recorded August 20,
1901 in Plat Book 8, page 46.
with said real estate having the followino Key Numbers 182038 1327, 182038
1318, 182038 1315, and 182038 1306, 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
eslqnatinq the area described herein as an Economic Revitalization Area for
the purposes of tax abatement. Such designation is for Personal 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
Ts qua Tied for and is granted Personal Property Tax deduction for a period
of five (5) years, and furthur 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 ns adoption by the Common Council and approval by the Mayor.
PRESENTED 2 -aa-g3
NOT APPROVED
ADOPTED a_ �a -93
Member of the ommon Council
Filed in Clerk's Office
JAN 2 7,c._^