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REGULAR MEETING MARCH 12,1998 <br />the Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council <br />property owner is qualified for <br />deduction for a period of three <br />that the petition complies with <br />Municipal Code of the City of S, <br />12.1 et seams <br />hereby determines that the <br />and is granted Real property tax <br />(3) years, and further determines <br />Chapter 2, Article 6, of the <br />Duth Bend and Indiana Code 6 -1.1- <br />SECTION III. This Resolution shall be in full force and effect <br />from and after its adoption by the Common Council and approval by <br />the Mayor. <br />/s/ Sean Coleman <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. <br />Stephen Kubach, president of Michiana, made the presentation for <br />the resolution. He advised they were expanding their business, <br />in order to do light manufacturing (which is currently done out <br />of state) distribution, sales and services at this location. <br />Council Member Hosinski made a motion to to adopt the resolution, <br />seconded by Council Member Sniadecki. The resolution was adopted <br />by a roll call vote of eight ayes. <br />RESOLUTION NO. 2570 -98 A RESOLUTION CONFIRMING THE ADOPTION OF <br />A DECLARATORY RESOLUTION DESIGNATING <br />CERTAIN AREAS WITHIN THE CITY OF SOUTH <br />BEND, INDIANA, COMMONLY KNOWN AS 4073 <br />MEGHAN BEELER COURT TO BE AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A <br />THREE (3) YEAR REAL PROPERTY TAX <br />ABATEMENT FOR KOVAS DOOR COMPANY <br />WHEREAS, the Common Council of the City of South Bend, Indiana, <br />has adopted a Declaratory Resolution designating certain areas <br />within the City as Economic Revitalization Areas for the purpose <br />of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly <br />known as 4073 Meghan Beeler Court, South Bend IN, and which is <br />particularly described as follows: <br />EAST h OF THE NORTHWEST 1/4 OF SECTION 21, TOWNSHIP 38 <br />NORTH, RANGE 2 EAST <br />and which has Key Number 25 1013 0207.02 be designated as an <br />with said real estate having the following Key No. 25- 1013 -0218 <br />an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and <br />the public hearing before the Council has been published pursuant <br />to Indiana Code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of <br />hearing all remonstrances and objections from interested persons; <br />and <br />WHEREAS, the Council has determined that the qualifications for <br />an economic revitalization area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City <br />of South Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory <br />Resolution designating the area described herein as an Economic <br />Revitalization Area for the purposes of tax abatement. Such <br />designation is for Real property tax abatement only and is <br />limited to two (2) calendar years from the date of adoption of <br />the Declaratory Resolution by the Common Council. <br />