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REGULAR MEETING OCTOBER 8, 2012 <br /> <br /> <br /> <br />and which has Key Number 025-1010-038518, be designated as an Economic Revitalization <br />Area; and <br /> <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and <br /> <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br /> <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br /> <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br /> <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the <br />area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to two (2) calendar years <br />from the date of adoption of the Declaratory Resolution by the Common Council. <br /> <br />SECTION II. The Common Council hereby determines that the property owner is qualified for <br />and is granted Real property tax deduction for a period of three (3) years, and further determines <br />that the petition, the Memorandum of Agreement between the Petitioner and the City of South <br />Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of <br />the City of South Bend and Indiana Code 6-1.1-12 et seq. <br /> <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption by the <br />Common Council and approved by the Mayor. <br /> <br /> <br /> s/Derek D. Dieter <br /> Member of the Common Council <br /> <br />Mr. Jack Welter, Vice President, Indiana Rotomolding, Inc., 3300 North Kenmore, South Bend, <br />Indiana, made the presentation for this bill. <br /> <br />Mr. Welter advised that they would like to construct a 25,000 square foot building, which will <br />enable the expansion of their manufacturing facility to accommodate orders from a large new <br />customer. <br /> <br />A Public Hearing was held on the Resolution at this time. <br /> <br />Mr. Lawrence Grant, 721Blaine, South Bend, Indiana, advised that he is in favor of this bill. <br /> <br />There being no one else present wishing to speak to the Council either in favor of or in <br />opposition to this Resolution, Councilmember Oliver Davis made a motion to adopt this <br />Resolution. Councilmember Scott seconded the motion which carried and the Resolution was <br />adopted by a roll call vote of nine (9) ayes. <br /> <br /> <br /> <br />RESOLUTION NO. 4207-12 A RESOLUTION OF THE COMMON COUNCIL <br /> OF THE CITY OF SOUTH BEND <br /> DESIGNATING CERTAIN AREAS WITHIN THE <br /> CITY OF SOUTH BEND, INDIANA, <br /> COMMONLY KNOWN AS 3340 DOUGLAS <br /> ROAD AN ECONOMIC REVITALIZATION <br /> AREA FOR PURPOSES OF UP TO A FIVE (5) <br /> YEAR REAL PROPERTY TAX ABATEMENT <br /> FOR HARRINGTON ORTHODONTIC <br /> <br />11 <br /> <br /> <br />