HomeMy WebLinkAboutConfirming Tax Abatement - Main Street Row 209 N. Main St. (10 Year Real Property)RESOLUTION
NO. 1833• -91
Passed by the Common Council of the City of South Bend, Indiana,
January 14, 19 91
Attest: City Clerk
Attest:
1
Presented by me to the Mayor of the City of South Bend, Indiana
January 15, 91
19
of Common Council.
Approved and signed by me _ Lo ____ 19
5
City Clerk
Mayor
RESOLUTION NO. is? 3_ a �
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA COMMONLY KNOWN AS 209 N. MAIN STREET
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF
A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR
"MAIN STREET ROW'
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AN OFFICE AND RETAIL COMPLEX
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
209 N. Main Street and which is more particularly described as follows:
Lots 226, 227 and 228 of the original plat of the Town
(now City) of South Bend as recorded in the records of
St. Joseph County, Indiana, except that part which is
described as:
Beginning at the southwest corner of said lot 228 thence
north along the west line of lots 226, 227 and 228 in said
plat 198.00 feet to the northwest corner of said lot 226
thence east along the north line of said lot 226, 100.00
feet thence south 139.90 feet thence west 44.80 feet thence
south 8.0 feet thence west 17.00 feet thence south 50.10
feet to the north line of Colfax Avenue thence west along
said line and the south line of lot 228. 38.20 feet to
the point of beginning.
as an Economic Revitaliztion 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- TrPES= 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