HomeMy WebLinkAboutDesignating Tax Abatement - 2930 Foundation Dr. (5 Year Personal Property) RESOLUTION
NO. 1069-83
Passed by the Common Council of the City of South Bend, Indiana
July 11 , ig 83
Attest: m"2-"._ ' '�_' `°"" City Clerk
Attest: _ -� . ' 1 President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
July 12, ig 83
‘tacj_c__e_ City Clerk
Approved and signed by mr *C.! ( t_ /9r?
1
ca,--n7 Mayor
RESOLUTION NO. /0 ( l 3
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
SOUTH BEND FORGE, INCORPORATED, 2930
FOUNDATION DRIVE, SOUTH BEND, INDIANA, 46628 .
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF PERSONAL PROPERTY TAX ABATEMENT.
WHEREAS , a petition for personal property tax abatement
consideration has been filed with the Common Council of the City of
South Bend, requesting that the area commonly known as South Bend
Forge, Incorporated, 2930 Foundation Drive, South Bend, Indiana,
and which is more particularly described by a line drawn as follows :
Part of the North Half of Section 28 , Township 38 North,
Range 2 East , Second Principal Meridian, City of South
Bend, St. Joseph County, Indiana, more particularly des-
cribed as follows : Commencing at the East Quarter corner
of said Section 28; thence South 89°58 ' 45 " West along the
South line of the Northeast Quarter of said Section 28,
2314.41 feet; thence North 0°00 ' 47" East 120 .00 feet to
the North boundary of Boland Drive, also being the point
of beginning; thence North 89°58 ' 56 " West along said
North boundary 447. 83 feet; thence North 45°00 '09" West
14. 14 feet to the East boundary of Foundation Drive;
thence North 0°00 ' 47" East along said East boundary
747 .96 feet ; thence North 89°44 ' 14" East 458 . 26 feet ;
thence South 0°01 ' 41" West 759 .90 feet to the point of
beginning, containing 7 .979 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 designa-
ting this area as an Economic Revitalization Area for purposes of
personal 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 t bWAt1[u+r htOFfitEmmon Council and approval by the
Mayor. ��LLU X11 6LL J
PRESENTED \7-//-f3 J U L 61983 (Asti -
NOT APPROVED Mem4er of the Commo founcil
ADOPTED 7-/ti-IS Irene Gammon
CITY DIEBN,SDUTN BEND,IND.