HomeMy WebLinkAboutConfirming Tax Abatement - Aquarius Plastics Finishers Inc. 4221 Technology Dr. ( 10 Year Real Property) RESOLUTION
NO. 1579-87
Passed by the Common Council of the City of South Bend, Indiana,
Deremher 21 , 19 87 .
Attest: �f"— ✓ City Clerk
Attest' 2,ii!_� —,La President of Common Council.
Of
or
Presented by me to the Mayor of the City of South Bend, Indiana
December 22, 19 87
/ City Clerk
Approved and signed by me ne / /LL2.a4 c207, 19 d 7 .
/ Mayor
•
RESOLUTION NO. \S 1 S- V7
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND COMMONLY KNOWN AS 4221 Technology Drive TO BE AN
ECONOMIC REVITALIZATION AREA
FOR THE 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 4221 Technology Drive and which is more particularly
described as follows :
Lot 10 , Plat of Landmark Business Park, Section 4-Part 1
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, THEREFOE, 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 ten (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.
l; , C ,i
ill ember 41 the ommon ncil
PRESENTED / . -a / - S 7 Filed In Clerk's Office
NOT APPROVED DEC 161987
ADOPTED 1 .1-01 1 - F(7 IRENE GAMMON
CITY CLERK, SO. BEND, IN.