HomeMy WebLinkAboutConfriming Tax Abatement - Simon M. Brazy 228-230 S. Michigan St. (6 Year Real Property) RESOLUTION
NO. 1572-87
Passed by the Common Council of the City of South Bend, Indiana,
neremher 21, 19 87 •
Attest: e . City Clerk
Attest i� % ' /��:/ ��L'� President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
December 22, 19 87 .
/‹: / -.---•- / City Clerk
Approved and signed by me Dicaon-k2ed czd, 19 87 .
6 Mayor
RESOLUTION NO. r I a -2C 7
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION
DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY
KNOWN AS 228-230 S. Michigan Street TO BE AN ECONOMIC REVITAL-
IZATION 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
areaswithin the City as Economic Revitalization Areas for the
purpose of tax abatement consideration ; and
WHEREAS, a Declaratory Resolution designated the area
commonly known as 228-230 S. Michigan Street and which is more
particularly described as follows :
A part of Lots Numbered 53 and 54 as shown on the original Plat of
the town, now City of South Bend, which part is bounded by a line
running as follows, viz : Beginning at a point 55 feet North of the
South West corner of said Lot No. 53; thence
running North 44 feet ; thence East 90 feet; thence South 44 feet;
thence West 90 feet to the place of beginning. Together
with the right to use in common with the owner adjoining on the
East and West , a private alley 9 feet wide adjoining the above
described property on the East, extending from Wayne Street North
to the center line of said lot N. 54 . Together
with all partywalls and stairways appurtenant
thereto.
as an Economic Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution
and the Øublac bearing 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 the 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 1 . 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 six ( 6 ) 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.
•
• ember/of the Common )( oil
BL/CC/1
Filed In Clerk's Office
PRESENTED t a °7( - $ DEC 161987
NOT APPROVED IRENE GAMMON
ADOPTED t a- a l- CITY CLERK, S0. BEND, IN.