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HomeMy WebLinkAboutConfirming Tax Abatement - Ziker Cleaners Inc 247 to 251 E. Sample St (5 Year Personal Property)RESOLyTION NO. 1 33 -89 Passed by the Common Council of the City of South Bend, Indiana June 26, 19 89 Attest: ! City Clerk Attest: President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana June 27, Approved and signed by me t 89 9 City Clerk Mayor RESOLUTION NO. /7 33 3101 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 247 TO 251 EAST SAMPLE STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR ZIKER CLEANERS, INC. 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 in the City of South Bend, St. Joseph County, Indiana, which is described as follows: Parcel 1: All that portion of the South half of Lot Thirty -eight (38) of Denniston and Fellow's addition to the Town, now City of South Bend, and Lots numbered 1 through 10 as shown on the recorded Plat of J.C. Knoblock's subdivision of Lot Thirty -nine (39) of Denniston and Fellow's addition to the Town, now City of South Bend. Parcel 2: The North half of Lots Thirty -seven (37) and Thirty -eight (38) of Denniston and Fellow's addition to the Town, now City of South Bend, 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 personal 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 personal property tax deduction for a period of five (5) 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. kjb\ziker3.res PRESENTED & "dw-� NOT APPROVED ADOPTED & II JUN 21 1989 IRENE GAMM! "I row an _ _