HomeMy WebLinkAboutDesignating 1137 S. Lafayette Blvd. as an Urban Development Area for Tangible Personal Property Tax Abatement Consideration RESOLUTION
NO. 1003-82
Passed by the Common Council of the City of South Bend, Indiana
October 25 , rg 82
Attest: T` `" e City Clerk
Attest: —J • G \C President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
October 26 , rg 82
City Clerk
Approved and signed by me V Cl C�> 8 rg g Z
2,/yt a Mayor
RESOLUTION NO. /603_ J-2. .
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
INDIANA DESIGNATING 1137 S. LAFAYETTE BLVD. AN URBAN DEVELOPMENT
AREA FOR TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION.
WHEREAS, a petition for Personal Property Tax abatement consideration has been
filed with the Common Council of the City of South Bend pursant to Section 2-76 of
the Municipal Code for the tangible personal property to be located at 1137 South
Lafayette Blvd., South Bend, Indiana.
WHEREAS, the legal description of the facility in which the tangible personal
property is to be located is more particularly described by a line drawn as follows:
Beginning at the SW corner of Lot 7, Stull's Second Edition; Thence,
N along the E right-of-way of an alley a distance of 269.06 feet + or
- to a point; Thence, E a distance of 6 feet to a point; Thence, N
along a line parallel to the eastern right-of-way of said alley a
distance of 54 feet to a point; Thence, W a distance of 6 feet to the
eastern edge of said alley; Thence, N a distance of 13 feet to a point,
said point being the NW corner of the S 1/2 of Lot 64, South Bend City
Edition; Thence, E along the northern boundary of said %2 of Lot 64
which is on the western right-of-way of Lafayette Blvd. ; Thence, S a
distance of 275 feet + or - to the SE corner of Lot 6, Stull's Second
Edition; Thence, W a distance of 125 feet to a point; Thence, S 66
feet to a point; Thence, W 40 feet to the point of beginning. All
being eithin the City of South Bend, County of St. Joseph, State of
Indiana.
WHEREAS, the Redevelopment Commission has conducted an investigation pursuant
to Section 2-77 of the Municipal Code and prepared a report determining that there
is compliance with the Statutory obsolescence and eligibility criteria under
Indiana Code 6-1.1-12.1-1 et seq.
WHEREAS, the Human Resources and Ecomonic Development Committee of the Common
Council has review said report and recommended to the Common Council that the area
qualifies as an Urban Development Area, and that the tangible personal property
to be located at such location is entitled to a deducation from the assessed value
of the equipment for a period of five (5) years.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
Bend, Indiana, as follows:
SECTION I. The Common Council hereby accepts the report and recommendation
of the Human Resources and Ecomonic Development Committee that the area herein
described be designated an Urban Development Area, and that the tangible personal
property to be located at scuh location is entitled to a deduction from the
assessed value of the equipment for a period of five (5) years.
SECTION II. The Common Council hereby adopts a resolution designating this
area as an Urban Development Area for purposes of personal property tax abatement.
SECTION III. The Common Council directs the City Clerk, upon the receipt
of the report of the Area Plan Commission to cause notice of the adoption of this
Resolution to be published. Said publication shall provide notice of the public
hearing before the Common Council of said declaration.
SECTION IV. This Resolution shall tra' full force and effect from and
after its adoption by the Common Counciapproval by the ay. .
Member of the Common Council
FILED IN CLERK'S OFFICE
PRESENTED /0 `RS'8.Z OCT 2 1°SZ
NOT APPROVED Irene Gammon
CITY CLERK,SOUTH BEND,IND.
'ADOPTED %O -a o--8 L