HomeMy WebLinkAboutConfirming Tax Abatement - Murdock & Sons Construction Inc. Layfayette St between Stull & Broadway St (6 Yearl Real Property)RESOLUTION
NO. 1704 -89
Passed by the Common Council of the City of South Bend, Indiana,
Attest:____..
February 27, 19 89
Clerk
Presented by me to the Mayor of the City of South Bend,
February 28, 89
19
Approved and signed by me
(!�4.
of Common Council.
City Clerk
Mayor
RESOLUTION NO. 116L/' 65
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA COMMONLY KNOWN AS LAFAYETTE STREET
BETWEEN STULL AND BROADWAY STREET TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A SIX ( 6) YEAR REAL PROPERTY
TAX ABATEMENT FOR MURDOCK & SONS CONSTRUCTION, INC.
NEW OFFICE AND YARD
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 Lafayette Street between Stull and Broadway
Streets and which is more particularly described as follows:
Seventy -five feet off of the West end of the North Half of
Lot Numbered Fourteen (14), and the South Half of Lot
Numbered Fourteen (14), all Lots Numbered Fifteen (15),
Twenty (20), Twenty -one (21), Twenty -two (22) and Twenty -six
(26), and the North Half of Lot Numbered Nineteen (19) all
as shown on the recorded Plat of Samuel C. Stull's Second
Addition to the City of South Bend, recorded in Plat Book 6,
page 29 in the Office of the Recorder of 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
Declaratory Resolution
an Economic Revitalizat
tax abatement only and
the date of adoption of
Council.
Common Council hereby confirms its
designating the area described herein as
Lon Area for the purposes of tax property
is limited to two (2) calendar years from
the Declaratory Resolution by the Common
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.
SECTION III. This Resolution shall be in full force and
effect form and after its adoption by the common Council and
approval by the Mayor.
M6mb(er--oT the Common cif
t4 in Clem b OtIlL
FEB 2 2 1989
1RERE GAMMON PRESENTED d- � -7 d 9
PITY CURB S@ Rr " NOT APPROKEO.
ADOPT90 J -�)7- b %