HomeMy WebLinkAboutConfirming Tax Abatement - Ross F. & Norma C. Stancati 3606 Gagnon (10 Year Real Property)RESOLUTION
NO. 1594 -88
Passed by the Common Council of the City of South Bend, Indiana,
Clerk
President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
March 15, Iq 88
City Clerk
Approved and signed by me /Y bCJt (ice j Ig OS ,
o Lyw--
Mayor
RESOLUTION NO.
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND COMMONLY KNOWN AS 3606 G anon
TO BE AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF Real Pronertv
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 3606 Gagnon
and which is more particularly described as follows:
Approximately 2.1 acre .tract of land in nart of
northeast quarter section 28 townshin 38 North
Range 2 east city of South Bend, St. Joe Countv
South Bend, 260.45 X 351.14
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. 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 Pronertv
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 10 ( )
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.
PNiSENTED i /) Q/1.. hl q, 10
NOT APPROVE
ADOPTER