HomeMy WebLinkAboutDesignating 525 South Taylor Street for pruposes of real property tax abatement and a determiniation of the public utility and benefit of the project proposed for tax abatement considerationRESOLUTION
NO. 856 -81
Passed by the Common Council of the City of South Bend, Indiana_
February 9, 19 81
Attest: /i � City Clerk
VU1111-
Presented by me to the Mayor of the City of South Bend, Indiana
Approved and signed by
February 10
II
of Common Council
� L"_ - i 1
C ty Clerk
Ig el
RESOLUTION NO.
A RESOLUTION CONFIRMING THE ADOPTION
OF A DECLARATORY RESOLUTION DESIGNATING
CERTAIN AREA WITHIN THE CITY.OF SOUTH
BEND, COMMONLY KNOWN AS 525 SOUTH TAYLOR STREET
TO BE AN URBAN DEVELOPMENT AREA FOR
PURPOSES OF REAL PROPERTY TAX ABATEMENT
AND A DETERMINATION OF THE PUBLIC UTILITY
AND BENEFIT OF THE PROJECT PROPOSED FOR
TAX ABATEMENT CONSIDERATION
WHEREAS, the Common Council of the City of South Bend has
adopted a Declaratory Resolution designating certain areas within
the City as Urban Development Areas for purposes of tax abatement
consideration; and
WHEREAS, a Declaratory Resolution designating the area
commonly known as 525 South Taylor Street and more particularly des-
cribed by a line drawn as follows:
Lots Numbered Three (3)
on the recorded Plat of
Subdivision of Bank Out
(59) of the First Plat
now City of South Bend,
Bank of Indiana
is an Urban Development Area; and
and Four (4) as shown
Touhey and Hagerty's
Lot Numbered Fifty -nine
of Out Lots of the Town,
platted by the State
WHEREAS, the Area Plan Commission has submitted to the
Council its written order approving for the Declaratory Resolution
to the Council; and
WHEREAS, Notice of the adoption of a Declaratory Resolution
and the public hearing before the Council having been published pur-
suant to Indiana Code 18- 7 -7 -14; and
WHEREAS, the Council held a public hearing for the purposes
of hearing persons in favor of the proposed project and those re-
monstrators who were opposed to the proposed project; and
WHEREAS, the Council has determined the public utility
and benefit of the project.
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 confirms its
Declaratory Resolution designating the area described herein as an
Urban Development Area for purposes of tax abatement consideration
and confirm its determination of the project's public utility and
benefit.
SECTION II. This resolution shall be in full force and
effect from and after its adoption by the Common Council and appro-
val by the Mao
Rib .
PRESENTED MerftbzrN5f the Common Council
NOT APPROVED
ADOPTED JF- 9— ,-Vl
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