HomeMy WebLinkAboutDesignating Tax Abatement - 475 N. Niles Ave. (5 Year Real Property) RESOLUTION
NO. 1308-85
Passed by the Common Council of the City of South Bend, Indiana,
July 8, 19 85 .
Attest: —,. i City Clerk
Attest:\\ /�/� C/ C/ " o � esident of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
July 9, 19 85 .
.. '"J City Clerk
Approved and signed by me �I W/ 9 19 �1 5 .
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Mayor
RESOLUTION NO. 1 3 0 2- S r
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOW AS
475 N. NILES AVENUE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF REAL
PROPERTY TAX ABATEMENT.
WHEREAS, a petition for real property tax abatement consideration
has been filed with the Common Council of the City of South Bend ,
requesting that the area commonly known as 475 N. Niles Avenue , South
Bend , Indiana, and which is more particularly described by a line
drawn as follows :
251 feet of the East end, except 60 feet of the North side of Lot 3
and 251 feet of the East end of Lot 4 and 251 feet of the East end and
one half of the vacated alley 6 feet wide on the East side of Lot 12
and Lots 13 , 14 , 15 , 16 and the vacated alley between Cottrell ' s
Second Addition be designated as an Economic Revitalization Area under
the provisions of Indiana Code 6-1 . 1-12. 1-1 , et deq. ; and
WHEREAS, the Redevelopment Commission has concluded an
investigation 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 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 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 property
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 . -
/./.7
e e of r of the mmon Council
FILED IN CLERK'S OFFICE L
JUN 1 ^ 1985 PRESENTED 7
Irene Gammon NOT APPROVED
CITY CEERK,sum BEND,INO. ADOPTED 7-2-8