HomeMy WebLinkAboutDesignating Tax Abatement - 800 Block S. Lafayette St. (3 Year Real Property) RESOLUTION
NO. 1435-86
Passed by the Common Council of the City of South Bend, Indiana,
September 8, 19 $6
Attest: City Clerk
Attest: i& ��AGT ✓ President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
September 9 , 19 86
44, o City Clerk
Approved and signed by me /"'e fre7I- & e 19 „96 .
(/ , a 271 Mayor
RESOLUTION NO. / 3 -
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
THE 800 BLOCK OF SOUTH LAFAYETTE STREET
AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF REAL PROPERTY TAX ABATEMENT
WHEREAS, a petition for real property tax abatement consid-
eration has been filed with the Common Council of the City
of South Bend, requesting that the area commonly known as the 800
Block of South Lafayette Street, South Bend, Indiana, and which
is more particularly described by a line drawn as follows :
A parcel of property being a portion of Lots
Numbered 177, 176, 175 and 174 as shown on
the Recorded Plat of Daniel Garst ' s First
Addition to the City of South Bend, Indiana,
recorded in Plat Book 3 , page 5 , of the
records of the Recorder of St. Joseph County,
Indiana, and portion of a north and south
public alley lying west of said lots, which
parcel shall be eighty ( 80 ) feet in width
north and south along Lafayette Street, and
two hundred fifty ( 250 ) feet in length east
and west,
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 investi-
gation 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 Economic Revitaliza-
tion 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 prop-
erty tax abatement.
SECTION II. That this designation shall be limited to three (3)
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.
PRESENUM 9- M MBER OF THE MMON COUNCIL
NOT APPROVED
ADOPTED 9-8--r co. ' . .