HomeMy WebLinkAboutDesignating Tax Abatement - Southwest Corner of Michigan & Washington Streets (5 Year Real Property) RESOLUTION
NO. 1255-85
Passed by the Common Council of the City of South Bend, Indiana,
January 28, 19 85 .
Attest: City Clerk
Attest: 0 , . % President of Common Council.
Air
Presented by me to the Mayor of the City of South Bend, Indiana
January 29, 19 85
(c "-s t-e City Clerk
Approved and signed by me aC2 U( w/ . �U/ 19 gs.
ct-c /(,'iJ Mayor
RESOLUTION NO. j` j s- $S'
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS
WITHIN THE CITY COMMONLY KNOWN AS
THE SOUTHWEST CORNER OF MICHIGAN AND WASHINGTON STREETS
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
the Southwest Corner of Michigan and Washington Streets, South
Bend, Indiana , and which is more particularly described as
follows:
The following parcel of real estate located in St . Joseph
County, State of Indiana, and the City of South Bend,
to-wit:
All of lots 25 and 26 and the North 28 feet of
Lot 27 of the original plat of the Town (now
City) of South Bend, St. Joseph County, Indiana,
more particularly described as follows :
Beginning at the northeast corner of said Lot 25;
thence South a distance of 160 .20 feet along the
west boundary of Michigan Street; thence West a
distance of 165.88 feet along a line parallel to
and 28 feet south of the north line of Lot 27 to
a point on the west line of said Lot 27 ; thence
North a distance of 160. 20 feet along the west
lines of Lots 27, 26 and 25; thence East a dis-
tance of 165. 88 feet along the north line of Lot
25 to the point of beginning, containing 26,574
square feet (0. 610 acres) , more or less.
be designated as an Economic Revitalization Area under the pro-
visions 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 show-
ing 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 desig-
nated an Economic Revitalization Area and hereby adopts a reso-
lution 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.
•er" of tne� on Council
FILED IN CLERK'S OFFICE
JAN 2 31985
IRENE GAMMON
PRESENTED 1 - g- � C CITY CLERK, SO. BEND, IN
NOT APPROVED
ADOPTED
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