Laserfiche WebLink
REGULAR MEETING JANUARY 14, 2013 <br /> <br /> <br /> <br /> <br />BILL NO. 13-05 A RESOLUTION CONFIRMING THE <br /> ADOPTION OF A DECLARATORY <br /> RESOLUTION DESIGNATING CERTAIN <br /> AREAS WITHIN THE CITY OF SOUTH BEND, <br /> INDIANA, COMMONLY KNOW AS 707 S. <br /> SCOTT STREET TO BE AN ECONOMIC <br /> REVITALIZATION AREA FOR PURPOSES OF <br /> A FIVE (5) YEAR PERSONAL PROPERTY TAX <br /> ABATEMENT FOR SOUTH BEND <br /> WOODWORKS, LLC <br /> <br />Councilmember Scott made a motion to strike this bill from the agenda. Councilmember Oliver <br />Davis seconded the motion which carried by a voice vote of nine (9) ayes. <br /> <br /> <br />RESOLUTION NO. 4231-13 A RESOLUTION CONFIRMING THE <br /> ADOPTION OF A DECLARATORY <br /> RESOLUTION DESIGNATING CERTAIN <br /> AREAS WITHIN THE CITY OF SOUTH BEND, <br /> INDIANA COMMONLY KNOWN AS 3702 W <br /> SAMPLE STREET, SUITE 1125 TO BE AN <br /> ECONOMIC REVITALIZATION AREA FOR <br /> PURPOSES OF A FIVE (5) YEAR PERSONAL <br /> PROPERTY TAX ABATEMENT FOR <br /> TRIANGLE MACHINE INC. <br /> <br /> <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic Revitalization <br />Areas for the purpose of tax abatement consideration; and <br /> <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 3702 W <br />Sample Street, Suite 1125, South Bend, Indiana, and which is more particularly described as <br />follows: <br /> <br />Parcel of land, North West of North East Section 1637 2E containing 5.4021 2E acres or <br />less. <br /> <br />and which has Tax Key Number 071-08-16-200-003.000-026 presently, as an Economic <br />Revitalization 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 Personal Property tax abatement only and is limited to two (2) calendar <br />years 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 Personal Property tax deduction for a period of five (5) years, and further <br />15 <br /> <br /> <br />