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REGULAR MEETING <br />APRIL 22, 2002 <br />RESOLUTION NO. 3087 -02 A RESOLUTION WAIVING CONDITIONS PRECEDENT <br />TO THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS <br />WITHIN THE CITY OF SOUTH BEND, INDIANA, <br />COMMONLY KNOWN AS 212 E. LASALLE STREET, <br />SOUTH BEND, INDIANA TO BE AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A SIX (6) <br />YEAR REAL PROPERTY TAX ABATEMENT FOR SBL <br />BUILDING CO., LLC <br />WHEREAS, SBL Building Co., LLC, an Indiana limited liability company (the "Petitioner ") <br />filed a petition for real property tax abatement (the "Petition ") and a Form SB -1 statement ofbenefits <br />with the South Bend City Clerk on February 5, 2002 (the Petition was refiled by the South Bend <br />Department of Community and Economic Development on February 19, 2002) for consideration by <br />the Common Council of the City of South Bend, Indiana (the "Common Council "), requesting that <br />the area commonly known as 212 E. LaSalle Street, South Bend, Indiana, and which has the parcel <br />key number 18 -5003 -0041 (the "Property "), be designated as an economic revitalization area under <br />the provisions of Indiana Code sections 6 -1.1 12.1 -1 et seq., and South Bend Municipal Code <br />sections 2 -76 et se g.; and <br />WHEREAS, the Petitioner's contractor began preliminary demolition of the interior of the <br />Property on February 4, 2002 in preparation for the rehabilitation of the Property; and <br />WHEREAS, the Petitioner's contractor obtained a building permit on February 8, 2002, and <br />began rehabilitation (as defined by Indiana Code section 6- 1.1- 12.1 -1(6)) of the Property on or about <br />February 13, 2002; and <br />WHEREAS, the Common Council has adopted a policy requiring that petitioners for tax <br />abatement wait until after the Common Council has adopted a declaratory resolution in accordance <br />with Indiana Code section 6 -1.1- 12.2- 2.5(b), before obtaining abuilding permit and before initiating <br />redevelopment or rehabilitation of real property, absent circumstances that compel a petitioner to <br />initiate such activities before such declaratory resolution has been adopted; and <br />WHEREAS, the Petitioner has presented substantial evidence to the Common Council that <br />exigent circumstances existed requiring the Petitioner to obtain a building permit and to initiate <br />rehabilitation of the Property before the Common Council has adopted a declaratory resolution, and <br />the Common Council has concluded that such circumstances present a compelling reason to waive <br />the Common Council's policy; <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Petitioner has presented testimonial and documentary evidence of the following <br />facts and the Common Council hereby makes the following findings of fact in support of this <br />resolution. <br />A. The tenants of the Property and the owners of the Petitioner are two law <br />firms, Tuesley & Hall and Konopa, Reagan & Kenyon, that have made a long -term <br />commitment to maintaining offices in downtown South Bend, and whose partners <br />have made significant contributions for many years to the improvement of the <br />economic and cultural vitality of the City of South Bend. <br />B. The Property stood vacant and in an increasing state of disrepair for <br />approximately two years, before the Petitioner stepped forward with a plan to <br />purchase, rehabilitate and occupy the Property at enormous cost to the Petitioner. <br />-12- <br />