HomeMy WebLinkAboutDesignating Tax Abatement - 322-330 E. Colfax Ave. (5 Year Real Property) RESOLUTION
NO. 1393-86
Passed by the Common Council of the City of South Bend, Indiana,
January 13, 19 86
Attest: L ✓ City Clerk
Attest: )� a■ / ' 4 / President of Common Council.
AI IF
Presented by me to the Mayor of the City of South Bend, Indiana
January 14, 19 86
Litt-,-te n e v City Clerk
Approved and signed by me _E
6
41/77A Mayor
RESOLUTION NO. 13 q4 -8.-4,
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
322-330 EAST COLFAX AVENUE AS AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF REAL
PROPERTY TAX ABATEMENT
WHEREAS, a petition for real property tax abatement consi-
deration has been filed with the Common Council of the City of South
Bend, requesting that the area commonly known as 322-330 East Colfax
Avenue, South Bend, Indiana, and which is more particularly described
by a line drawn as follows:
A part of Lot Numbered Twenty-five (25) as shown on the Original
Plat of the Town of Lowell and also a part of Miller and Green' s First
Addition to the Town of Lowell, all now within and a part of the City
of South Bend, bounded by a line running as follows, viz : Beginning
at the South West corner of Colfax Avenue and Ginz Avenue, which point
is on the South line of Colfax Avenue, 256. 3 feet West of an iron set
for the South West corner of Niles Avenue and Colfax Avenue; thence
South 5 degrees 31 minutes East along the West line of said Ginz Avenue
a distance of 274 . 4 feet; thence West parallel with and 273 feet South
of the South line of Colfax Avenue a distance of 167 . 9 feet; thence
North 15 degrees and 6 minutes West a distance of 87 . 7 feet; thence
South 89 degrees and 47 minutes West a distance of 47 . 25 feet; thence
South 0 degrees 56 minutes East 188 . 2 feet to the South line of Colfax
Avenue; thence East 118. 48 feet to the place of beginning,
be designated as an Economic Revitalization Area under the provisions
of Indiana Code 6-1 . 1-12. 1-1 , et seq. ; and
WHEREAS, the Revelopment Commission has concluded an inves-
tigation 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 Commit-
tee 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 re-
port and recommendation of the Human Resources and Economic Develop-
ment Committee that the area herein described be designated an Econo-
mic Revitalization Area and hereby adopts a resolution designating
this area as an Economic Revitalization Area for purposes of real pro-
perty 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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PRESERVES I (t e6 e� eih of AC •
HOT. YW
JAN 8 1966 M ber of the Corn Council
APPRO
ADOPTED 'i -. j 3-1 b
1RFNE
CM' GEM SO. BEND