HomeMy WebLinkAboutDesignating Tax Abatement - Westco Phillips 66 Remodel & Expansion 3417 Western Ave. (6 Year Real Property)Attest:
RESOLUTION
NO. 1633 -88
Passed by the Common Council of the City of South Bend, Indiana,
Clerk
Presented by me to the Mayor of the City of South Bend, India
Approved and signed by me
July 26, 19 88
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of Common Council.
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City Clerk
Mayor
TAX ABATEMENT DECLARATION
RESOLUTION NO. k ka S3- R$
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN
AS 3417 WESTERN AVENUE AN ECONOMIC REVITALIZATION
AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY
TAX ABATEMENT FOR WESTCO PHILLIPS 66 REMODEL AND EXPANSION
WHEREAS, a petition for real property tax abatement has
been filed with the City Clerk for consideration by the
Common ,council of the City of South Bend, Indiana
consideration, requesting that the area commonly known as
3417 Western Avenue, South Bend, Indiana, and which is more
particularly described as follows:
Lots 433 -434 & 435 & 7 feet of vacated alley lying east
of Lot 433 in the Lasalle Park Addition. Located on N.E.
corner of Intersection at Western Ave. & Falcon Street,
South Bend, Indiana.
be designated as an Economic Revitalization Area under the
provisions of Indiana Code 6 -1.1- 12.1 -1 et seq. and South
Bend Municipal Code section 2 -76 et seq., and;
WHEREAS, the Department of Economic Development has
concluded an investigation and prepared a report with
information sufficient for the Common Council to determine
that the area qualifies as an Economic Revitalization Area
under Indiana Code 6 -1.1- 12.1 -1 et seq. and South Bend
Municipal Code section 2 -76, et seq., and has further
prepared maps and plats showing the boundaries and such
other information regarding the area in question as required
by law; and
WHEREAS, the Human Resources and Economic Development
Committee of the Common Council has reviewed said report and
recommended to the Common Council that the area qualifies as
an Economic Rivitalization Area.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of
the City of South Bend, Indiana, as follows:
SECTION I. The Common Council hereby determines and
finds that the Petition for Real Property Tax Abatement and
the Statement of Benefits form completed by the Petitioner
meet the requirements of I.C. 6 -1.1- 12.1 -1 et seq., and
qualifies under the provisions of South Bend Municipal Code
Section 2 -76 et seq., for tax abatement.
SECTION II. The Common Council hereby determines and
finds the following:
A. That the estimate of the value of the
redevelopment or rehibilitation is reasonable for projects
of this nature;
B. That the estimate of the number of individuals who
will be employed or whose employment will be retained can
reasonably be expected to result from the proposed described
redevelopment or rehabilitation;
.C. That the estimate of the annual salaries of those
individuals who will be employed or whose employment will be
retained can be reasonably expected to result from the
proposed redevelopment or rehabilitation;
D. That the other benefits about which information
was requested are benefits that can be reasonably expected
to result from the proposed described redevelopment or
rehabilitation; and
E. That the totality of benefits is sufficient to
justify the deduction, all of which satisfy the requirements
of I.C. 6 -1.1- 12.1 -3.
SECTION III. The Common Council hereby determines and
finds that the proposed described redevelopment or
rehabilitation can be reasonably expected to yield the
benefits identified in the Statement of Benefits set forth
as section I through II of the Petition for Real Property
Tax Abatement Consideration and that the Statement of
Benefits form prescribed by the State Board of Accounts are
sufficient to justify the deduction granted under Section 6-
1.1- 12.1 -3 of the Indiana Code.
SECTION IV. The Common Council hereby accept the
report and recommendation of the Human Resources and
Economic Development Committee that the area herein
described be designated as Economic Revitalization Area and
hereby adopts a resolution designating this area as an
Economic Revitalization Area for purposes of real property
tax abatement.
SECTION V. The designation as an Economic
Revitalization Area shall be limited to two (2) calendar
years from the date of the adoption of this Resolution by
the Common Council.
SECTION VI. The Common Council hereby determines that
the property owner is qualified for and is granted property
tax deduction for a period of six (6 ) years.
SECTION VII. The Common Council directs the City Clerk
to cause notice of the adoption of this Declaratory
Resolution for Real Property Tax Abatement to be published,
said publication providing notice of the public hearing
before the Common Council on the proposed confirming of said
declaration.
Section VIII. This Resolution shall be in full force
and effect from and after its adoption by the Common Council
and approval by the Mayor.
Me -Zr of the Common Council
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PRESENTED JUL ? 0 1988
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