HomeMy WebLinkAboutConfirming Tax Abatement - Main-Colfax Partnership 201 N. Main St. (5 Year Real Property) RESOLUTION
NO. 1329-85
Passed by the Common Council of the City of South Bend, Indiana,
September 9 , 19 85 .
Attest: K City Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
September 10 . 19 85
City Clerk
Approved and signed by me S �l.r-� e_t_r` ■O 19 gr.
�i/ 7,4 Mayor
RESOLUTION NO. 13a - 2 S
A RESOLUTION CONFIRMING THE ADOPTION OF
A DECLARATORY RESOLUTION DESIGNATING
AREAS WITHIN THE CITY OF SOUTH BEND,
COMMONLY KNOWN AS 201 NORTH MAIN 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
commonly known as 201 North Main Street and more particularly
described by a line drawn as follows:
Lots 226 , 227 and 228 in the "ORIGINAL PLAT OF THE TOWN
(now City) OF SOUTH BEND" as recorded in the records of
St. Joseph County, Indiana EXCEPTING: Beginning at the
Southwest Corner of said Lot 228; thence, North, 198 . 00
ft. to the N.W. Corner of Lot #226 ; thence, East, 100 . 00
ft. ; thence, South, 139. 90 ft. ; thence, West, 44.80 ft. ;
thence, South, 8. 00 ft. ; thence, West, 17. 00 ft. ;
thence, South, 50 .10 ft. ; thence, West, 38.20 ft. to the
Point of Beginning.
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.
, / ,j
Mem•er of the Co Council
FILED IN CLERK'S OFFICE
PRE$ENTEa\ 7.. 9 .5r S E P 4 1985
OT APPROVED
IRENE GAMMON
N N oPTEn 9- 9- 8'S
CITY CLERK, SO. BEND, IN