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REGULAR MEETING
<br />MAY 8, 1995
<br />with said real estate having the following Key No. 25- 1010 - 040026 an Economic
<br />Revitalization Area; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing
<br />before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and
<br />WHEREAS, the Council held a public hearing for the purposes of hearing all
<br />remonstrances and objections from interested persons; and
<br />WHEREAS, the Council has determined that the qualifications for an economic
<br />revitalization area have been met.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana, as follows:
<br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating
<br />the area described herein as an Economic Revitalization Area for the purposes of tax
<br />abatement. Such designation is for Real property tax abatement only and is limited
<br />to two (2) calendar years from the date of adoption of the Declaratory Resolution by
<br />the Common Council.
<br />SECTION II. The Common Council hereby determines that the property owner is
<br />qualified for and is granted Real property tax deduction for a period of six (6)
<br />years, and further determines that the petition complies with Chapter 2, Article 6,
<br />of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et seq.
<br />SECTION III. This Resolution shall be in full force and effect from and after its
<br />adoption by the Common Council and approval by the Mayor.
<br />/s /Eugene Ladewski
<br />Member of the Common Council
<br />A public hearing was held on the resolution at this time. Steve Thompson, a
<br />representative of Test Designs, made the presentation for the resolution. He
<br />indicated they were constructing an addition to their existing facility. Council
<br />Member Luecke made a motion to adopt this resolution, seconded by Council Member
<br />Coleman. The resolution was adopted by a roll call vote of eight ayes.
<br />RESOLUTION NO. 2234 -95 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND
<br />DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND
<br />COMMONLY KNOWN AS 2820 VIRIDIAN DRIVE, SOUTH BEND, INDIANA
<br />46628 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF
<br />PERSONAL PROPERTY TAX ABATEMENT FOR MACK TOOL & ENGINEERING,
<br />INC.
<br />WHEREAS, a petition for personal property tax abatement consideration has been
<br />filed with the Common Council of the City of South Bend, requesting that the area
<br />commonly known as 2820 Viridian Dr., South Bend, Indiana, and which is more
<br />particularly described as follows:
<br />A part of the Southeast quarter of Section 28, Township 38 North, Range 2 East,
<br />of the Second Principal Meridian,, City of South Bend, St. Joseph County,
<br />Indiana and described as follows:
<br />COMMENCING at the Northeast corner of the Southeast Quarter of said Section 28,
<br />said point being at the intersection of Bendix and Boland Drives; thence South
<br />89 degrees 58' 56" West (bearing assumed) along the Southerly right -of -way line
<br />of Boland Drive 1242.51 feet to the Point of Beginning; thence South 00 degrees
<br />21' 33" West 293.00 feet; thence South 89 degrees 58' 56" West, 260.00 feet;
<br />thence North 00 degrees 21' 33" East, 293.00 feet; thence North 89 degrees 58'
<br />56" East, 260.00 feet to the Point of Beginning and containing 1.75 acres, more
<br />or less, and is subject to all easements, restrictions and or covenants of
<br />record.
<br />and this property has Key Numbers 25 1010 040029, be designated as an Economic
<br />Revitalization Area under the provisions of Indiana Code 6- 1,1- 12.1 -1 et sect., and
<br />South Bend Municipal Code Section 2 -76 et seq.; and
<br />_ WHEREAS, the Department of Economic Development has concluded an investigation
<br />and prepared a report 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-
<br />12.1 -1, et seg., and South Bend Municipal Code Sections 2 -76 et seg. and has further
<br />prepared maps and plats showing the boundaries and such other information regarding
<br />the area in question as required by law; and
<br />WHEREAS, the Human Resources and Economic Development Committee of the Common
<br />Council has reviewed said report and recommended to the Common Council that the area
<br />qualifies as an Economic Revitalization Area.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana, as follows:
<br />SECTION I. The Common Council hereby determines and finds pursuant to Indiana
<br />Code 6 -1.1- 12.1 -4.5, that:
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