HomeMy WebLinkAboutConfirming Tax Abatement - Brademas Enterprises 419-423 N. Michigan St. (5 Year Real Property) RESOLUTION
1159-84
Passed by the Common Council of the City of South Bend, Indiana,
June 11, 19 84 .
Attest: City Clerk
Attest: (�(� C c�� < / 1---") _ President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
June 12, 19 84 .
bu-2c-r,•-,-✓ City Clerk
Approved and signed by me C /1- 19 CP r .
/ Mayor
RESOLUTION NO. 1\c q- g q
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS 419-423 North Michigan
Street _ _.._ TO BE AN LGONOMIC REVITALIZATION
AREA FOR PURPOSES OF 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 abate-
ment consideration; and
WHEREAS, a Declaratory Resolution designated the area
commonly known as 419-423 North Michigan Street, South Bend Indiana
and more particularly described by a line drawn as follows :
LEGAL DESCRIPTION -
Lots 159 OP South Bend and S 1/2 lot 158
as an Economic Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution
and the public hearing before the Council has been publidhed 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 II—limited to five (5j calendar years fromthe
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.
Membe of the Common Comm
• MED ICI CLERK'S OFFICE
PRESENTED b-//-k 'y JUN 6 198
NOT APPROVED
Gammon Irene
ADOPTED 6-I/—es/ GUYY CLERK,SOUTHBD,I