09-23-96 Council Meeting Minutes

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REGULAR MEETING SEPTEMBER 23, 1996 with said real estate having the following Key No.25- 1010 - 040015, as an Economic Revitalization Area, and Whereas, notice of the adoption of a Declaratory Resolution and the public hearing before th Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2 ; and Whereas, the Council held a Oublic hearing for the purpose of hearing all remonstrances an objections from interested persons; and Whereas, the Council has determined that the qualifications for an economic revitalization a ea have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as f llows: SECTION I. The Common Counc. Resolution designating the a: Revitalization Area for the designation is for Personal limited to two (2) calendar the Declaratory Resolution b: 1 hereby confirms its Declaratory ea described herein as an Economic urposes of tax abatement. Such roperty tax abatement only and is ears from the date of adoption of the Common Council. SECTION II. The Common Coun it hereby determines that the property owner is qualified for and is granted real property tax deduction for a period of SI (6) years, and further determines that the petition complies w'th Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1- 12.1 et seq. SECTION III. This Resolutio shall be in full force and effect from and after its adoption y the Common Council and approval by the Mayor. RESOLUTION NO. 2507 -96 A A " k) 17 F /s/ Roland Kelly Member of the Common Council SOLUTION CONFIRMING THE ADOPTION OF CLARATORY RESOLUTION DESIGNATING AIN AREAS WITHIN THE CITY OF SOUTH , INDIANA, COMMONLY KNOWN AS 2424 H FOUNDATION DRIVE, SOUTH BEND, ANA, TO BE AN ECONOMIC TALIZATION AREA FOR PURPOSES OF A YEAR PERSONAL PROPERTY TAX EMENT FOR NIMET INDUSTRIES, INC. Whereas, the Common Council 3f the City of South Bend, Indiana, has adopted a Declaratory Re olution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement considerate n; and Whereas, a Declaratory Resol tion designated the area commonly known as 3333 West Lathrop D ive, and which is more particularly described as follows: A parcel of land in part of he south half of Section 28, Township 38 north range 2 ea t, German township, St. Joseph County, Indiana, described a follows: Commencing at the southeast 90 degrees 00 minutes 00 sec southeast corner of the sout south 89 degrees 00 minutes south 89 degrees 59 minutes of beginning of this descrip minutes 47 seconds east 375. minutes 13, seconds east 450 minutes 47 seconds west 375. orner of said Section; thence north nds west 2542.71 feet to the west quarter of said section; thence 7 seconds east 528.56 feet; thence 3 seconds east 40 feet to the point ion; thence north 0 degrees 00 0 feet; thence south 89 degrees 59 00 feet; thence south 0 degrees 00 0 feet; thence north 89 degrees 59 I- I