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HomeMy WebLinkAboutDesignating 121 W. Colfax as an Urban Development Area for Purposes of Tax Abatement Consideration RESOLUTION NO. 957-82 Passed by the Common Council of the City of South Bend, Indiana. May 10 , zq 82 ` Attest: tom'" "°'� City Clerk Attes .le a' President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana May 11 , z9 82 City Clerk Approved and signed by me / / /f z9 17, Mayor RESOLUTION NO. 9s7-8a RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS 121 WEST COLFAX, SOUTH BEND, INDIANA, AS AN URBAN DEVELOPMENT AREA FOR PURPOSES OF TAX ABATEMENT CONSIDERATION WHEREAS, a petition for real property tax abatement consideration has been filed with the Common Council of the City of South Bend pursuant to Section 2-76(a) of the Municipal Code request- ing that the area commonly known as 121 West Colfax South Bend , Indiana 46601 and which property is more particularly described by a line drawn as follows: A part of Lot Numbered Seven (7) as shown on the Original Plat of the Town, now City, of South Bend , St. Joseph County, Indiana, which part is bounded by a line running as follows, viz : Beginning on the North line of Colfax Avenue in said City, at a point 66 feet West of the South East corner of said lot , thence running North 66 feet to the North line of said Lot ; thence West on said North line a distance of 22 feet; thence South 16 feet ; thence East 6 inches; thence South 50 feet to the South line of said Lot and North line of said Colfax Avenue ; thence East on said line 21 1/2 feet to the place of beginning. be designated as an Urban Development Area under the provisions of Indiana Code 6-1 .1-12.1-1 and that the public utility and benefit of the project be determined ; and WHEREAS, the Redevelopment Commission has conducted an investigation pursuant to Section 2-77 of the Municipal Code and prepared a report determining that the area qualifies as an Urban Development Area under Indiana Code 6-1.1-12.1-1 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 Urban Development 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 Urban Development Area and finds that public utility and benefit will result from such designation, that the project will provide new permanent jobs , that the area is presently undesirable for normal development , that the project will result in a substantial net increase in jobs in the community and that there will be a net expansion of the assessed valuation of real property within the City; and there is hereby adopted a Resolution designating this area as Urban Development Area for purposes of real property tax abatement. Section II. That the Common Council requests the City Clerk to submit this Resolution along with the supporting data to the Area Plan Commission for its written order approving or disapproving this resolution. Section III. That the Common Council directs the City Clerk, upon receipt of the report of the Area Plan Commission 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 adoption by the Common Council and approval by the Mayor. \--S • t((L.-C.\ Member of the Common Counarl FILED IN CLERK'S OFFICE MAY 5 1982 AESEPffE/ N s'- /o - p a NOT APPROVE Irene Gammon CITY CLERK,SOUTH BEND,IND. -)OPTED S-"/O -- 1.7