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REGULAR MEETING MARCH 11, 2013 <br /> <br /> <br /> <br /> <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 />Councilmember Gavin Ferlic, Chairperson, Community Investment Committee, reported that <br />this committee held a Public Hearing on this bill this afternoon and voted to send it to the full <br />Council with a favorable recommendation. <br /> <br />Andrew Nemeth, 211 W. Washington, South Bend, Indiana, made the presentation for this <br />Resolution. <br /> <br />Mr. Nemeth advised that when they first submitted their petition, the petition said that the cost of <br />improvements would be $850,000 he explained that the cost would now be $600,000. He stated <br />that previously they had included the cost of the land in their estimate. <br /> <br />A Public Hearing was held on the Resolution at this time. <br /> <br />There being no one present wishing to speak to the Council either in favor of or in opposition to <br />this Resolution, Councilmember White made a motion to adopt this Resolution. Councilmember <br />Oliver J. Davis seconded the motion which carried and the Resolution was adopted by a roll call <br />vote of nine (9) ayes. <br /> <br /> <br /> <br />RESOLUTION NO. 4244-13 A RESOLUTION OF THE COMMON COUNCIL OF <br /> THE CITY OF SOUTH BEND DESIGNATING <br /> CERTAIN AREAS WITHIN THE CITY OF SOUTH <br /> BEND, INDIANA, COMMONLY KNOWN AS 1902 <br /> SOUTH MAIN STREET AN ECONOMIC <br /> REVITALIZATION AREA FOR PURPOSES OF A (5) <br /> FIVE-YEAR PERSONAL PROPERTY TAX <br /> ABATEMENT FOR GENERAL SHEET METAL <br /> WORKS, INC. <br /> <br />WHEREAS, a petition for personal property tax abatement consideration has been filed <br />with the City Clerk for consideration by the Common Council of the City of South Bend, <br />Indiana, requesting that the area commonly known as 1902 South Main Street, South Bend, <br />Indiana, and which is more particularly described as follows: <br /> <br />PARC OF LAND BEG APPROX 140’ E OF CENTERLINE OF CALVERT & <br />LAFAYETTE ST & BEING PT OF W ½ SW ¼ SEC 13-37-2E CONT 1.94 AC +- <br /> <br />573’ ON E SIDE LAFAYETTE ST ETC BEG SE COR CALVERT ST CONT APPX <br />1.2216 ACRS SEC 13-37-2E <br /> <br />LOTS 35, 36 & N 18’ VAC BOWMAN ST & 14’ VAC ALLEY W & ADJ & S ½ VAC <br />ST <br />ALLEY N & ADJ TO LOT 35 BOWMAN’S 1 ADDN <br /> <br />LOT 10 & VAC ALLEY BET LOTS 10 11 LOT 11 & EX 15 FT FOR ST STOVER & <br />10 <br /> <br /> <br />