HomeMy WebLinkAboutConfirming Tax Abatement - James J. Lawlor & Ronald Veronneau Lots 4 - 2 Airport Industrial Park Ph III (3 Year Property)RESOLUTION
NO. 1847 -91
Passed by the Common Council of the City of South Bend, Indiana,
March 11, 9 91
✓ —� City Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend,
March 12, 91
19
Approved and signed by me_(,L kt-'K is 19 9 1
City Clerk
Mayor
RESOLUTION NO. 19 q'7-9 1
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION
DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA
COMMONLY KNOWN AS LOTS 4 -2 IN THE AIRPORT INDUSTRIAL PARK, PHASE III,
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE YEAR
REAL PROPERTY TAX ABATEMENT FOR JAMES J. LAWLOR AND ROLAND VERONNEAU
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 which is
described as follows:
Lot 4 -2 Airport Industrial Park, Phase III, St. Joseph County,
Indiana,
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 three (3) years.
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.
Member o the Common Council
PRESENTED
NOT APPROVED n
ADOPTED