HomeMy WebLinkAboutConfirming Tax Abatement - Hale Corporation 329-331-333 S. Michigan St. (5 Year Personal Property) RESOLUTION
NO. 1500-87
Passed by the Common Council of the City of South Bend, Indiana,
May 11, 19 87 .
Attest: 1/474 o K !tee'- ti— ,--.., City Clerk
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Attest: .t• 2Jr s. ,, _ . ,,,kI A. _> ' President of Common Council.
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Presented by me to the Mayor of the City of South Bend, Indiana
May 12, 87
19
jr 1116--“,,,_ ✓ City Clerk
Approved and signed by me --Mal a 19 87.
7...t 7-21:12,--7/17-
/1/17- Mayor
RESOLUTION NO. 1 5'O o — 11, 1
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS 329-331-333 SOUTH
MICHIGAN STREET TO BE AN ECONOMIC REVITALIZATION 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 areas within the
City as Economic Revitalization Areas for the purpose of tax abatement
consideration; and
WHEREAS, a Declaratory Resolution designated the area com-
monly known as 329-331-333 South Michigan Street and 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 49f 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 491 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.
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 property tax abatement only and is limited to
five (5) calendar years from the date of adoption of the Declaratory
Resolution by the Common Council .
SECTION II . This Resolution shall be in full force and
effect from and after its adoption by the Common Council and approval
by the Mayor.
� , IF?
em e / the CoSnmon ounc'
aied Clerk's Offict
PRESENTED .5---71-1/7 MAY 81987
NOT APPROVED
IRE NE GAMMON
ADOPTED s- //-87 CM CLERK, S . BEND, E_;