HomeMy WebLinkAboutDesignating Intersection of Mayflower Rd and Western Ave for a real property tax abatement for County Development, LLC for six (6) yearsRESOLUTION
No. 4553 -16
Passed by the Common Council of the City of South Bend, Indiana
March 29, 20-L6—.
Attest;
City Clerk
Attest, President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
March 30, 20 16
Approved and signed by me —koAck �D 1 20 L .
City Clerk
RESOLUTION NO. � 5�,-3 ° I UC
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN
THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS
Intersection of Mayflower Rd and Western Avenue, South Bend, IN 46619
AS AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF A SIX (6) YEAR REAL
PROPERTY TAX ABATEMENT FOR
County Development, LLC
WHEREAS, a petition for real property tax abatement has been filed with the City Clerk
for consideration by the Common Council of the City of South Bend, Indiana (the "Common
Council ") requesting that portion of the property located at the intersection of Mayflower Rd. and
Western Avenue, South Bend, Indiana 46619 which is more particularly described as:
LOTS 61 & 62 GROUSES PRO SEC 8 -37 -2E 16/17 ANNEXED ORD #10375 -15
LOT 63 GROUSES ADD 16/17 ANNEXED ORD #10375 -15
LOT 64 GROUSES ADD 16/17 ANNEXED ORD #10375 -15
LOT 65 GROUSES ADD 16/17 ANNEXED ORD #10375 -15
LOT 66 GROUSES ADD 16/17 ANNEXED ORD #10375 -15
W 90 FT LOTS 67 & 68 GROUSES ADD 16/17 ANNEXED ORD #10375 -15
E 75' LOT 54 GROUSES ADD 16/17 ANNEXED ORD #10375 -15
LOT 54 EX E 75' GROUSES ADD 16/17 ANNEXED ORD #10375 -15
LOT 55 GROUSES ADD 16/17 ANNEXED ORD #10375 -15
LOT 56 GROUSES ADD 16/17 ANNEXED ORD #10375 -15
LOTS 57 & 58 100'S SIDE GROUSES ADD 16/17 ANNEXED ORD #10375 -15
and which shall have a separate Key Number assigned upon the subdivision of the parcel into one
tax parcel and provided to the Common Council be designated as an Economic Revitalization Area
under the provisions of Indiana Code § 6 -1.1 -12.1 et seq., and South Bend Municipal Code
Sections 2 -76 et seq., and;
WHEREAS, petitioner has agreed to and has accepted responsibility to report any changes
in the final legal description and to report the final, appropriate Key Number to the Department of
Community Investment and to the Office of the City Clerk; and
WHEREAS, the Department of Community Investment has concluded an investigation and
prepared a report with information sufficient for the Common Council to determine that the area
US.99336760.02
qualifies as an Economic Revitalization Area under Indiana Code § 6 -1.1 -12.1, et seq., and South
Bend Municipal Code Sections 2 -76, et seq., and has further prepared maps and plats showing the
boundaries and such other information regarding the area in question as required by law; and
WHEREAS, the Community Investment 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. The Common Council hereby determines and finds that the Petition for Real
Property Tax Abatement and the Statement of Benefits form completed by the Petitioner meets the
requirements of Indiana Code § 6 -1.1 -12.1 et seq., for tax abatement.
SECTION II. The Common Council hereby determines and finds the following:
A. That the description of the proposed redevelopment or rehabilitation meets
the applicable standards for such development;
B. That the estimate of the value of the redevelopment or rehabilitation is
reasonable for projects of this nature;
C. That the estimate of the number of individuals who will be employed or
whose employment will be retained by the Petitioner can reasonably be expected to result from
the proposed described redevelopment or rehabilitation;
D. That the estimate of the annual salaries of those individuals who will be
employed or whose employment will be retained by the Petitioner can be reasonably expected to
result from the proposed redevelopment or rehabilitation;
E. That the other benefits about which information was requested are benefits
that can be reasonably expected to result from the proposed described redevelopment or
rehabilitation; and
F. That the totality of benefits is sufficient to justify the requested deduction,
all of which satisfy the requirements of Indiana Code § 6 -1.1- 12.1 -3.
SECTION III. The Common Council hereby determines and finds that the proposed
described redevelopment or rehabilitation can be reasonably expected to yield benefits identified
in the Statement of Benefits, Sections 1 through 3 of the Petition for Real Property Tax Abatement
Consideration and the Memorandum of Agreement between the Petitioner and the City of South
Bend, and that the Statement of Benefits form completed by the petitioner, said form being
prescribed by the State Board of Accounts, are sufficient to justify the deduction granted under
Indiana Code § 6 -1.1- 12.1 -3.
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SECTION IV. The Common Council hereby accepts the report and recommendation of
the Community Investment Committee that the area herein described be designated as an
Economic Revitalization Area and hereby adopts a Resolution designating this area as an
Economic Revitalization Area for purposes of real property tax abatement.
SECTION V. The designation as an Economic Revitalization Area shall be limited to two
(2) calendar years from the date of the adoption of this Resolution by the Common Council.
SECTION VI. The Common Council hereby determines pursuant to Indiana Code 6 -1.1-
12.1 -17 that the property owner is qualified for and is granted a property tax deduction for a period
of six (6) years as shown by the attachment pursuant to Indiana Code 6- 1.1- 12.1 -17
SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption
of this Declaratory Resolution for Real Property Tax Abatement to be published pursuant to
Indiana Code § 5 -3 -1 and Indiana Code § 6- 1.1- 12.1 -2.5, said publication providing notice of the
public hearing before the Common Council on the proposed confirming of said declaration.
SECTION VIII. This Resolution shall be in full force and effect from and after its adoption
by the Common Council and approval by the Mayor.
PRESENTED 7j /2_jGl / I L p
NOT APPROVEC
WDOPTIO (51ZLq ji r
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US.99336760.02
Member of the Common Council
Filed in Clerk's Office
MAR 2 3 2016
KAREEMAH FOWLER
CITY CLERK, SOUTH BEND, IN