HomeMy WebLinkAboutConfirming Tax Abatement - Lot 5 of Landmark Business Plar Section 3 (5 Year Real Property) RESOLUTION
NO. 1354-85
Passed by the Common Council of the City of South Bend, Indiana,
October 14, 19 85
Attest: 4-`e /C.- City Clerk
Attest: a , A. / • 1 ,€` r President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
October 15, 1985
e N us City Clerk
Approved and signed by me 9 K / 5 19 S .
( / Mayor
RESOLUTION NO. k 3s-y -gs'
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, COMMONLY KNOWN AS Lot Numbered Five (5) as
shown on the recorded Plat of Landmark Business Plat,
Section Three (3 ) . 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 Lot Numbered Five (5 ) as shown on the recorded
Plat of Landmark Business Plat, Section Three (3 ) and more
particularly described by a line drawn as follows:
Lot Numbered Five (5) as shown on the recorded
Plat of Landmark Business Park, Section Three (3 ) ,
recorded April 18, 1985 in the Office of the
Recorder of St. Joseph County, Indiana, as
Instrument No. 8506870 .
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.
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M-tuber of the Co l .,n. ,uncil
Gtr G tilIitk -' ii
PRESENTED 1 0 - ) 'I- g'S
OCT 1985
NOT APPROVED
ADOPTED t O - 1 `I ' R J p R ENE GAMMON
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