HomeMy WebLinkAboutConfirming Tax Abatement - SDT Associates Lot 4-4 Airport Industrial Park Phase III (5 Year Personal Property) RESOLUTION
NO. 1158-84
Passed by the Common Council of the City of South Bend, Indiana,
June 11, 19 84 .
Attest: 4.4—...e_ A- City Clerk
Attest: IL JO / President of Common Council.
Air
Presented by me to the Mayor of the City of South Bend, Indiana
June 12, 19 84 .
ce— City Clerk
Approved and signed by me C /1_ 19 F %.
1 ��' " i Mayor
/ L ��
RESOLUTION NO . 11 .c - $'4
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS LOT 4-4 AIRPORT
INDUSTRIAL PARK PHASE III TO BE AN ECONOMIC REVITALIZA-
TION 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 Lot 4-4 Airport Industrial Park Phase III and more particu-
larly described by a line drawn as follows :
A part of Section 28 , Township 38 North, Range 2 East ,
City of South Bend, St . Joseph County, Indiana , described
as follows :
Commencing at the northeast corner of the Southeast
Quarter of Section 28 ; thence South 89°58 ' 56" West a
distance of 2294 . 41 feet along the north line of said
quarter section to the point of beginning ; thence South
0°00 '47" West a distance of 247 . 17 feet ; thence South
89°58 ' 56" West a distance of 477 . 83 feet to the east
boundary of Foundation Drive ; thence North 0°00 ' 47"
East a distance of 277 . 17 feet along said east boundary ;
thence North 44°59 ' 52" East a distance of 14 . 14 feet to
the south boundary of Boland Drive ; thence North 89°58 ' 56"
East a distance of 447 . 83 feet along said south boundary ;
thence South 0°00 '47" West a distance of 40 . 0 feet along
said south boundary; thence North 89°58 ' 56" East a distance
of 20 . 0 feet along said south boundary to the point of
beginning and containing 3 . 131 acres, more or less .
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 pur-
suant 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 personal 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 .
- 2 -
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.
drir+a etJ
Mem9 of the Common Co cil
FAD IN CLE 'M'S OFFICE
JUN 61984
PRESENTED -//-cni
NOT APPROVED Irene Gammon
MOM) // $y CITY CLERK,BOUT BEND,IND.