HomeMy WebLinkAboutDesignating Tax Abatement - Aucilla Incorporated 3333 N. Kenmore (5 Year Personal Property)RESOLUTION
NO. 1951 -92
Passed by the Common Council of the City of South Bend, Indiana
June 8, 19 92
Attest: _.._ E _____ City Clerk
Attest:_ President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
June 9.
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92
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Approved and signed by me _ _ June 10_
19 92
City Clerk
Mayor
RESOLUTION NO. 19S1- 9Z
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS
3333 NORTH KENMORE
SOUTH BEND, INDIANA
AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT FOR
AUCILLA INCORPORATED
WHEREAS, a petition for personal property tax abatement consideration has been filed
with the Common Council of the City of South Bend, requesting that the area commonly
known as 3333 North Kenmore, South Bend, Indiana, and which is more particularly
described as follows:
A part of the Northeast Quarter of Section 28, Township 38 North, Range 2
East, City of South Bend, St. Joseph, Indiana, described as follows:
Commencing at the Northeast corner of said Section 28; thence South
89 °48'05' West (the bearing of the south line of the Southeast Quarter of
Section 28 is assumed North 90 °00'00" West) a distance of 1345.00 feet along
the north line of said Northeast Quarter; thence South 0 °00'23" West a
distance of 50.00 feet to the western boundary of Kenmore Street and the
point of beginning; thence South 0 °00'23" West a distance of 146.47 feet along
said western boundary; thence Southerly along said boundary 297.10 feet
along an are to left having a radius of 1949.86 feet and subtended by a long
chord having a bearing of South 4 °21'31" East and a length of 296.77 feet;
thence South 89 °48'05" West a distance of 499.31 feet; thence North 0 °02'41"
East a distance of 452.50 feet to the South boundary of Cleveland Road;
thence North 89 °48'05' East a distance of 466.42 feet along said south
boundary; thence South 45 °05'46' East a distance of 14.12 feet to the point
of beginning, and containing 5.000 acres, more or less.
and this property has Key Number 25- 1010- 038504, be designated as an Economic
Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1 et sec., and South
Bend Municipal Code Sections 2 -76 et sea.; and
WHEREAS, the Department of Economic Development has concluded an investigation and
prepared a report with information sufficient for the Common Council to determine that the
area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, et sec .,
and South Bend Municipal Code Sections 2 -76 et sec ., and has further prepared maps and
plats showing the boundaries and such other information regarding the area in question as
required by law; and
WHEREAS, the Human Resources and Economic Development Committee of the Common
Council has reviewed said report and recommended to the Common Council that the area
qualifies as an Economic Revitalization Area.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
Bend, Indiana, as follows:
SECTION I. The Common Council hereby determines and finds pursuant to Indiana Code
6 -1.1- 12.1 -4.5, that:
(a) the estimate of the cost of the new manufacturing equipment is reasonable for
equipment of that type;
(Revised 11126190)
(b) the estimate of the number of individuals that will be employed or whose
employment will be retained by the Petitioner can be reasonably expected to result
from the proposed installation of new manufacturing equipment;
(c) the estimate of the annual salaries of those individuals who will be employed
or whose employment will be retained can be reasonably expected to result from the
proposed installation of new equipment;
(d) any other benefits about which information was requested are benefits that
can be reasonably expected to result from the proposed installation of new
manufacturing equipment; and
(e) the totality of benefits is sufficient to justify the deduction requested.
SECTION II. The Common Council hereby determines and finds that the proposed new
manufacturing equipment can be reasonably expected to yield the benefits identified in the
Statement of Benefits as set forth in Section 1 through 3 of the Petition for Personal
Property Tax Abatement Consideration and that the Statement of Benefits Form completed
by the Petitioner, said form being prescribed by the State Board of Accounts, are sufficient
to justify the deduction granted under Indiana Code 6 -1.1- 12.1 -4.5.
SECTION III. The Common Council hereby accepts the report and recommendation of the
Department of Economic Development, and the Human Resources and Economic
Development Committee's favorable recommendation, that the area herein described be
designated as Economic Revitalization Area for purposes of personal property tax
abatement and hereby makes such a designation.
SECTION IV. The Common Council determines that such designation is for personal
property tax abatement only and shall be limited to two (2) calendar years from the date
of the adoption of this Resolution by the Common Council.
SECTION V. The Common Council hereby determines that the property owner is qualified
for and is granted property tax deduction for a period of five (5) years.
SECTION VI. The Common Council directs the City Clerk to cause notice of the adoption
of this Declaratory Resolution to be published pursuant to Indiana Code 5 -3 -1, said
publication providing notice of the public hearing before the Common Council on said
declaration.
SECTION VII. This Resolution shall be in full force and effect from and after its adoption
by the Common Council and approval by the Mayor.
NOT •APPRO%*
OPTED
L0 - 9 a
6�- 8- 9a
Member of the Common Council
Y signed only to provide an
opportunity for public disca. °,sir.
and Council action on the ics4a<:.
Filed in Clerk's Office
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