HomeMy WebLinkAboutConfirming Tax Abatement - Patterson Dental Co. Northern Distribution Center 4303 Technology Dr. (6 Year Real Property)RESOLUTION
NO. 1970 -92
Passed by the Common Council of the City of South Bend, Indiana,
September 14, 1992
Attest: _ City Clerk
Attest
Presented by me to the Mayor of the City of South Bend,
September 151
92
19
Approved and signed by me_ September 16_
z
of Common Council.
19 92
Clerk
Mayor
RESOLUTION NO. 1.9 - i ,?
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
4303 TECHNOLOGY DRIVE
SOUTH BEND, INDIANA 46628 -9751
TO BE AN ECOMOMIC REVITALIZATION
AREA FOR PURPOSES OF A SIX YEAR REAL PROPERTY TAX ABATEMENT FOR
PATTERSON DENTAL COMPANY NORTHERN DISTRIBUTION CENTER
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 4303 Techonology Drive, South Bend, Indiana 46628 -9751, and
which is more particularly described as follows:
Lot Numbered Sixteen (16) of Landmark Business
Park, Section Six (6), Part Two (2) as recorded on
July 2, 1992 in the Office of the Recorder of St.
Joseph County, as Instrument Number 9223882.
with said real estate having the following Key No. 25 -1017 -60204 and
parts of 25- 1017- 060201 and 25- 1017 - 060202, as an Economic Revitaliza-
tion Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution and
the public hearing before the Counsel has been published pursuant to
Indiana Code 6 -1.1- 12.1 -2.5; and
WHEREAS, the Council has determined that the qualifications for an
economic revitalization area have been met.
WHEREAS, the Council held a public hearing for the purposes of
hearing all remonstrances and objections from interest persons; and
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 Declara-
tory Resolution designating the area described herein as an
Economic Revitalization Area for the purposes of tax abate-
ment. 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 sea.
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
NOT APPROVM
ADOPTED
Membe,k of Me Common Council
Filed in Clerk's Office
JUL 2 21992