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REGULAR MEETING FEBRUARY 25, 2008 <br /> <br /> <br /> <br />BILL NO. 08-17 A RESOLUTION OF THE COMMON <br /> COUNCIL OF THE CITY OF SOUTH <br /> BEND DESIGNATING CERTAIN AREAS <br /> WITHIN THE CITY OF SOUTH BEND, <br /> INDIANA, COMMONLY KNOWN AS <br /> 3445 WILLIAM RICHARDSON DRIVE <br /> AN ECONOMIC REVITALIZATION <br /> AREA FOR PURPOSES OF A FIVE (5) <br /> YEAR PERSONAL PROPERTY TAX <br /> ABATEMENT FOR LAKE MICHIGAN <br /> MAILERS, INC. (JADE ELEPHANT <br /> HOLDING, INC) <br /> <br />Councilmember Puzzello made a motion to combine these bills for purposes of Public <br />Hearing. Councilmember White seconded the motion which carried by a voice vote of <br />eight (8) ayes. <br /> <br /> <br />RESOLUTION NO. 3836-08 A RESOLUTION OF THE COMMON <br /> COUNCIL OF THE CITY OF SOUTH <br /> BEND, INDIANA, COMMONLY <br /> KNOWN AS 3445 WILLIAM <br /> RICHARDSON DRIVE AN ECONOMIC <br /> REVITALIZATION AREA FOR <br /> PURPOSES OF A FOUR (4) YEAR REAL <br /> PROPERTY TAX ABATEMENT FOR <br /> JADE ELEPHANT HOLDING, LLC <br /> (LAKE MICHIGAN MAILERS, INC.) <br /> <br /> <br />WHEREAS, a petition for real property tax abatement has been filed with the City <br />Clerk for consideration by the Common Council of the City of South Bend, Indiana, <br />requesting that the area commonly known as 3445 William Richardson Drive, South <br />Bend, Indiana, and which is more particularly described as follows: <br /> <br />Lot Numbered Fourteen (14) as shown on the recorded Plat of the Toll <br />Road Industrial Park Section 6, recorded April 7, 1989 as document <br />number 8908570 in the Office of the Recorder of St, Joseph, County, <br />Indiana. <br /> <br />and which has Key Number 25-1013-021111 presently at this point and time, be <br />designated as an Economic Revitalization Area under the provisions of Indiana Code § <br />6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et seq., and; <br /> <br />WHEREAS, the Department of Community and Economic Development has <br />concluded an investigation and prepared a report with information sufficient for the <br />Common Council to determine that the area qualifies as an Economic Revitalization Area <br />under Indiana Code § 6-1.1-12.1, et seq., and South Bend Municipal Code Sections 2-76, <br />et seq., and has further prepared maps and plats showing the boundaries and such other <br />information regarding the area in question as required by law; and <br /> <br />WHEREAS, the Community and Economic Development Committee of the <br />Common Council has reviewed said report and recommended to the Common Council <br />that the area qualifies as an Economic Revitalization Area. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br /> <br />SECTION I. The Common Council hereby determines and finds that the Petition for <br />Real Property Tax Abatement and the Statement of Benefits form completed by the <br />Petitioner meet the requirements of Indiana Code § 6-1.1-12.1 et seq., for tax abatement. <br /> 6 <br /> <br />