HomeMy WebLinkAboutConfirming Tax Abatement - Frank D. Darnell Warehouse Expansion Project 4202 Technology Dr. (6 Year Real Property)Attest
RESOLUTION
NO. 1903 -91
Passed by the Common Council of the City of South Bend, Indiana,_
December 9, 91
19
l "Cd�vt�wv� -e�� City Clerk
President of Common Council.
Presented by me to the Mayor of the City of South Bend, India
December
Approved and signed by me
a
10, 91
19
December 10
G-.
City Clerk
19 91.
Mayor
RESOLUTION NO. &09 %�/
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
4202 TECHNOLOGY DRIVE, SOUTH BEND, INDIANA 46628
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF A SIX YEAR REAL PROPERTY TAX ABATEMENT FOR
(Name of Project
WHEREAS, the Common Council of the City of South Bend, Indiana,
has adopted a Declaratory Resolution designating certain areas
with the City as Economic Revitalization Areas for the purpose of
tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly
known as 4202 Technology Drive, South Bend, Indiana 46628, and
which is more particularly described as follows:
Lot Numbered Four (4) as shown on the recorded Plat of Landmark
Business Mark, Section Three (3), recorded April 18, 1985, in the
Office of the Recorder of St. Joseph County, Indiana, as
Instrument No. 8506870.
with said real estate having the following Key No.
25- 1017- 060604 , 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 sec.
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. n
Common Counc
Filed in Clerk's
PRM"M OCT 1 01991
NOT APPROVM
ADO"W 1.1- 9-q r "` do