HomeMy WebLinkAboutDesignating Tax Abatement - 513 Lincolnway West (5 Year Personal Property) RESOLUTION
NO. 1419-86
Passed by the Common Council of the City of South Bend, Indiana,
June 23 , 19 86
Attest: 14-9 71: � City Clerk
Attest: .�� tar�/ - AC._,/ President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
June 24 , 19 86
° ' tr. City Clerk
Approved and signed by me / V 19 ( J .
v�
Mayor
C/
RESOLUTION NO . f ca f !-g4,
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
513 Lincolnway West, South Bend
AN ECONOMIC REVITALIZATION AREA FOR PUR-
POSES OF PERSONAL PROPERTY TAX ABATEMENT.
WHEREAS, a petition for personal peroperty tax abatement consideration has
been filed with the Common Council of the City of South Bend, requesting that the
area commonly known as 513 Lincolnway West, South Bend, Indiana, and which is more
particularly described by a line drawn as follows:
A lot or parcel of land Twenty-two (22) feet in width, taken
off of the entire length of the Southeasterly side of Lot
Numbered Twenty-three; all of Lot Numbered Twenty-two (22) ,
and a lot or parcel of land Fourteen and Two-thirds (14-2/3)
feet in width taken off of the Northwesterly side of Lot
Numbered Twenty-one (21) , excepting from said last described
tract a parcel of land Forty (40) feet in length taken off
of the entire width of the North end thereof, all as shown
on the recorded Plat of Henricks and Grant's Addition to the
Town, now City of South Bend.
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 question;
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 Econmic 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 re-
commendation 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
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.
A.a IY •_ lar' '
"'ember of the Coull< C.uncil
PRESENTED -a 3- &-t,
NOT APPROVED
ADOPTED , -2 3 - S-1.•