HomeMy WebLinkAboutDesignating Tax Abatement - 329-331-333 S. Michigan (5 Year Real Property) RESOLUTION
NO. 1483-87
Passed by the Common Council of the City of South Bend, Indiana,
March 23 , 19 87
Attest: 4-"`"-2- j City Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
March 24, 19 87.
te) (C �2""^^.-'��"'-� City Clerk
Approved and signed by me March 25 19 87
�' � 6r1.1,--7., 7---Mayor
RESOLUTION NO. P113 - 17
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND
DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS
329-331-333 S. MICHIGAN AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF REAL PROPERTY TAX ABATEMENT.
WHEREAS, a petition for real property tax abatement consideration has
been filed with the Common Council of the City of South Bend, requesting
that the area commonly known as 329-331-333 S. Michigan, South Bend,
Indiana, and which is more particularly described by a line drawn as
follows:
PARCEL I: Part of lot Numbered Two Hundred Ninety-nine ( 299) as shown
on the Original Plat of the Town now City of South Bend, Indiana,
which is bounded by a line running as follows, viz: Beginning at the
Southeast corner of said Lot Numbered 299; running thence West along
the Southerly boundary of said Lot Numbered 299 a distance of 10 rods
to the West line of said Lot Numbered 299 ; thence North along the
Westerly boundary of said Lot Numbered 299 a distance of 49 1/2 feet;
thence Easterly on a line parallel with the Southerly boundary line of
said Lot Numbered 299 a distance of 10 rods to the Easterly boundary
line of said Lot Numbered 299 ; thence South along the Easterly
boundary line of said Lot a distance of 49 1/2 feet to the place of
beginning.
AND
PARCEL II: Lot Numbered Three Hundred ( 300) as shown on the Original
Plat of the Town, now City of 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
WHEREAS, the Redevelopment Commission 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 has further prepared maps
and plats showing the boundaries and such other information as required by
law of the area in questions; 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 Revitalization Area.
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 accepts the report and
recommendation of the Human Resources and Economic Development Committee
that the area herein described be designated an Economic Revitalization
Area and hereby adopts a resolution designating this area as an Economic
Revitalization Area for purposes of (real or personal) property tax
abatement.
SECTION II. That this designation shall be limited to five ( 5)
calendar years from the date of the adoption of this resolution by the
Common Council.
SECTION III. That the Common Council directs the City Clerk to cause
notice of the adoption of this resolution to be published, said
publication providing notice of the public hearing before the Common
Council on said declaration.
SECTION IV. This resolution shall be in full force and effect from
and after its adoption by the Common Council and approval by the Mayor.
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I pembe % o th- Common • auncil
PRESENTED 3- 3-f
NOT APPROVED
ADOPTED 3-23-87 nt 4