HomeMy WebLinkAboutDesignating Tax Abatement - 650 N. Wilbur (5 Year Personal Property) RESOLUTION
No. 1062-83
Passed by the Common Council of the City of South Bend, Indiana
June 13, �9 83
Attest: `� " A City Clerk
Attest: President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiarn
June 14, 19 83
City Clerk
Approved and signed by me 9 A / Y iga3
)7, GU,/vly Mayor
RESOLUTION NO. jO(pa_$,3
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
650 NORTH WILBER STREET 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 650 North Wilber Street, South Bend, Indiana, and which
is more particularly described by a line drawn as follows:
Lot D, Davis Plat, City of South Bend, Indiana
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 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 form and
after its adoption by the Common Council and approval by the Mayor.
h 1t /dam-I
M B OF THE COMMON NCIL
FILED ID CLEe t'S OFFICE
JUN 3 1983
PRESENTED C Irene Gammon
CITY CLERK,SOUTH BEND,IND.
NOT APPROVED
ADOPTED - i 3-5-8