HomeMy WebLinkAboutDesignating Tax Abatement - 1818 Commerce Dr. (5 Year Real Property) RESOLUTION
No . 1289
Passed by the Common Council of the City of South Bend, Indiana,
May 28, 19 85 .
Attest: /, ' 1.,,,,,, City Clerk
Attest JL ,(f..t/�L.r ./y" ,- 4 President of Common Council.
v
Presented by me to the Mayor of the City of South Bend, Indiana
May 29 , 19 85
4,, r 0--- City Clerk
Approved and signed by me i I 01- a j 19 0 S .
i 9
t Mayor
RESOLUTION NO. is g - 2(5-
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
1818 COMMERCE DRIVE, SOUTH BEND, INDIANA
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 1818 Commerce
Drive, South Bend, Indiana, and which is more particularly described
by a line drawn as follows:
Those lines surrounding Lot 21, Airport Industrial
Park, Phase II , containing 4.12 Acres, more or
less.
be designated as an Economic Revitalization Area under the provisions
of Indiana Code 6-1.1-12 .1-1, et seq. ; 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 .
/
Member of the Com;!n Council
PRESENTED J a8- es- FILED IN CLERK'S OFFICE
NOT APPROVED
ADOPTED S-a) 2- BJ MAY 2 21985
IRENE GAMMON
CITY CLERK, SO. BEND, IN