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09-27-99 Council Meeting Minutes
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09-27-99 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
9/27/1999
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REGULAR MEETING SEPTEMBER 27, 1999 <br />WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for <br />consideration by the Common council of the City of South Bend, Indiana requesting that the area <br />commonly known as 1215 South Walnut Street, South Bend, Indiana, and which is more particularly <br />described as follows: <br />A tract of land in the City of South Bend, County of St. Joseph, and State of Indiana, situated in the <br />Northwest 1/4 of Section 14, and the Northeast 1/4 of Section 15, Township 37 North, Range 2 East, <br />bounded by the following described line: Beginning at a point in the West line of Walnut Street, <br />682.75 feet south of the South line of Sample Street, which point is 31 feet South of the South line <br />of the Sanders and Egbert Tract, as conveyed by deeds recorded in Deed Record 118, Page 428 and <br />Deed record 121, Page 320; thence on an assumed bearing of South 0 °00'49" East along said West <br />line of Walnut Street, 556.95 feet; thence South 89 °55'05 "' West, 1200 feet; thence North 0 °00'49" <br />West parallel with said West line of Walnut Street, 589.19 feet to a point 651.75 feet south of the <br />south line of Sample Street or the produced South line of the tract conveyed to F. C. Raff, recorded <br />in Deed Record 172 Page 641; thence South 89 °57'10" East along the South line above described <br />tract produced East, 295 feet; thence South 0 °00'49" East parallel with the West line of Walnut <br />Street, 31 feet; thence North 89 °57'16" East, 905 feet to the place of beginning. <br />and this property has Key Number 18- 8021 - 084504, be designated as an Economic Revitalization <br />Area under the provisions of Indiana Code 6 -1.1 -12.1 et se . and South Bend Municipal Code <br />Sections 2 -76 et. seg•,and; <br />WHEREAS, the Department of Community and Economic Development has concluded an <br />investigation and prepared areport with information sufficient for the Common Council to determine <br />that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1 -12.1, et. seg., <br />and South Bend Municipal Code Sections 2 -76, et seg., and has further prepared maps and plats <br />showing the boundaries and such other information regarding the area in question as required by law; <br />and <br />WHEREAS, the Community and Economic Development Committee of the Common <br />Council has reviewed said report and recommended to the Common Council that the area qualifies <br />as an Economic Revitalization Area. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby determines and finds that the Petition for Real <br />Property Tax Abatement and the Statement of Benefits form completed by the Petitioner meet the <br />requirements of Indiana Code 6 -1.1 -12.1 et. seg., for tax abatement. <br />SECTION II. The Common Council hereby determines and finds the following: <br />A. That the description of the proposed redevelopment or rehabilitation meets <br />the applicable standards for such development. <br />B. That the estimate of the value of the redevelopment or rehabilitation is <br />reasonable for projects of this nature; <br />C. That the estimate of the number of individuals who will be employed or <br />whose employment will be retained by the Petitioner can reasonably be <br />expected to result from the proposed described redevelopment or <br />rehabilitation; <br />D. That the estimate of the annual salaries of those individuals who will be <br />employed of whose employment will be retained by the Petitioner can be <br />reasonably expected to result from the proposed redevelopment or <br />rehabilitation; <br />
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