Loading...
HomeMy WebLinkAboutDesignating Tax Abatement - Midwest Sales & Services Inc. 917 S. Chapin St. (5 Year Real Property) RESOLUTION NO. 1361-85 Passed by the Common Council of the City of South Bend, Indiana, October 28 , 19 85 . Attest: City Clerk Attest: I- ��/Y/ti( C�� President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana October 29, 19 85 City Clerk Approved and signed by me 0 ac-.. .2 9 19 U S . 1 " //.a4 Mayor RESOLUTION NO. 11(„ (_ j A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 917 SOUTH CHAPIN STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR THE 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 purposes of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 917 South Chapin Street, and more particularly described by a line drawn as follows : The South 150 feet of Parcel No . 4 of the In- ner Belt Industrial Park, a subdivision in the Southeast and Southwest Quarters of Sec- tion 11, and the Northeast Quarter of Section 14, all in Township 37 North, Range 2 East of the Second Principal Meridian, City of South Bend, Indiana, the plat of which is recorded in Plat Book 21, page I, in the Office of the Recorder of St. Joseph County, Indiana. as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Reso- lution and the public hearing before the Council has been pub- lished pursuant to Indiana Code 6-1. 1-12. 1-2-5; and WHEREAS, the Council held a public hearing for the pur- poses of hearing all remonstrances and objections from interested persons ; and WHEREAS, the Council has determined that the qualifica- tions 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 abate- ment. 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. YO' M- ber of the Comm, .until PRESENTED 18 -a8- 8 NOT APPROVED OCT ' 1985 ADOPTED L 0 -* a. t KV" E t