HomeMy WebLinkAboutConfirming Tax Abatement - Memorial/Holiday Office Park Associates 614 N. Michigan St. (3 Year Real Property)ZJIWIM�
Passed by the Common Council of the City of South Bend, Indiana
October 24, ,,, 88
Attest: City Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend,
October 25, 88
9
Approved and signed by me
.ober 27, 1988
City Clerk
Mayor
RESOLUTION NO. ( L G S _ g g
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND COMMONLY KNOWN AS 614 N. Michigan Street, South
Bend,Indiana, TO BE AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF Real
PROPERTY TAX ABATEMENT
WHEREAS, the Common Council of the City of South Bend 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 614 N. Michigan Street, South Bend, Indiana,
and which is more particularly described as follows:
Lots 2,3;4,5, and 6 as shown on the recorded Plat of Rockstroh
Brothers Addition to the City of South Bend; also lots
2,3,4,5,6,7,8110,11,12 and 13 as shown on the recorded Plat of
Dinan's Subdivision. of Lots 36 -41, inclusive of Rockstroh's Second
Addition to the City of South Bend; along with adjacent vacated
alleys and Dinan Court;
as an Economic Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Resoluition
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. That 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. That 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.
P 70 1 0 -a4 -k�k
NOT APPROVED
"ADOPTED k o a v -'9 $
OCT 19 1988
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