HomeMy WebLinkAboutConfirming Tax Abatement - Mossberg & Compnay, Inc. 301 E. Sample St. (5 Year Personal Property)RE§0O�JJON
Passed by the Common Council of the City of South Bend,
November 28, 19 88
Attest: City Clerk
Attest
Presented by me to the Mayor of the City of South Bend, Indiana
of Common Council.
November 29, 88
19
^' /r%9— e—✓ City Clerk
Approved and signed by me_ �d`J Zo� _ 19%,g
(.— —k�-= Mayor
RESOLUTION NO. I � I (o - g g
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA COMMONLY KNOWN AS
301 EAST SAMPLE STREET
TO BE AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF A 5 YEAR
PERSONAL PROPERTY TAX ABATEMENT FOR
MOSSBERG & COMPANY, 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
commonly known as 301 East Sample Street and which is more
particularly described as follows:
Lots Numbered One (1) and Two (2) as shown on the
recorded Plat of William S. Anderson's Subdivision of
Lot 40 in Denniston and Fellow's Addition to the City
of South Bend, excepting the South 40 feet for the
widening of Sample Street, and together with the South
Half of that part of the vacated 14 foot East -West
alley lying North and adjacent to said Lot 2.
Lots Numbered Eleven (11), Twelve (12), Thirteen (13),
Fourteen (14), Fifteen (15), Sixteen (16), Seventeen
(17), Eighteen (18), Nineteen (19) and Twenty (20) as
shown on the recorded plat of John C. Knoblock's
Subdivision of Out Lot Thirty -nine (39) in Denniston &
Fellows Addition to the Town, now City of South Bend,
recorded March 28, 1902, in Plat Book 8, Page 69,
together with the vacated East -West alley lying
between Lots Numbered Fifteen (15) and Sixteen (16);
excepting the South Forty (40) feet of Lots Numbered
Nineteen (19) and Twenty (20) heretofore conveyed to
the Civil City of South Bend, Indiana for street and
roadway purposes.
Also Lots Numbered Three (3), Four (4), Five (5), Six
(6), Seven (7), Eight (8), Nine (9), Ten (10), Eleven
(11) and Twelve (12) as shown on the recorded plat of
William S. Anderson's Subdivision of Lot Numbered
Forty (40) in Denniston and Fellows' Addition to the
City of South Bend, in St. Joseph County, Indiana,
together with the vacated East -West alley between Lots
Numbered Nine (9), Ten (10), Eleven (11) and Twelve
(12), on the North side, and Lots Numbered Three (3),
Four (4), Five (5), Six (6), Seven (7) and Eight (8)
on the South side, together with the vacated
North -South alley lying between Lots Numbered Six (6)
and Seven (7) and together with the vacated
North -South alley lying between Lots Numbered Five (5)
and Six (6); excepting the South Forty (40) feet of
Lots Numbered Seven (7) and Eight (8).
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 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.
5353K
PRESENTED 11-9S--0-8
NOT APPROVED
ADOPTED k l -,;t 8 8
Member of the Common Council
-2-
9i In Vprk's ON.
NOV 2 2 1988