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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 Personal property tax abatement only and is
<br />limited to two (2) calendar years from the date of adoption of the Declaratory
<br />Resolution by the Common Council.
<br />SECTION II. The Common Council hereby determines that the property owner is
<br />qualified for and is granted Personal property tax deduction for a period of five (5)
<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 seg.
<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. Council Member Slavinskas
<br />made a motion to accept the substitute page one, as on file with the City Clerk's
<br />office, seconded by Council Member Coleman. The motion carried. Council Member
<br />Kelly reported that the Community and Economic Development Committee had met on this
<br />bill and recommended it to the Council favorable. Ernest Szarwark, attorney, made
<br />the presentation for the bill. He indicated Steel Warehouse had a resource recovery
<br />system and they were able to exempt 95% of this system for personal property taxes,
<br />however, this year the State retroactively eliminated that benefit. He indicated
<br />they are petitioning the City for an abatement on this equipment, which would not
<br />equal the other benefit but it will phase in some of the loss. Council Member Kelly
<br />made a motion to adopt this resolution, seconded by Council Member Coleman. The
<br />resolution was adopted by a roll call vote of nine ayes.
<br />RESOLUTION NO. 2260 -95 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
<br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
<br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4550 S. BURNETT
<br />DRIVE, SOUTH BEND, INDIANA, 46614, TO BE AN ECONOMIC
<br />REVITALIZATION AREAS FOR THE PURPOSES OF A (5) YEAR PERSONAL
<br />PROPERTY TAX ABATEMENT FOR RAELYN ENGINEERING, INC.
<br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a
<br />Declaratory Resolution designating certain areas within the City as Economic
<br />Revitalization Areas for the purpose of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the area commonly known as 4550 S.
<br />Burnett, South Bend IN, and which is particularly described as follows:
<br />Lot Numbered Nine (9) as shown on the recorded Plat of Burnett Industrial Park,
<br />Centre Township, recorded November 14, 1974 in the Office of the Recorder of St.
<br />Joseph County, Indiana, in Plat Book 278, Page B
<br />with said real estate having the following Key Nos. 18 8006 0288, 18 8002 0115, 18
<br />8006 0282, 18 8006 028201, 18 8006 0285, 18 8006 028501, 18 8002 0116, as 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 Personal property tax abatement only and is
<br />limited to two (2) calendar years from the date of adoption of the Declaratory
<br />Resolution by the Common Council.
<br />SECTION II. The Common Council hereby determines that the property owner is
<br />qualified for and is granted Personal property tax deduction for a period of five (5)
<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 seg.
<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. Dennis Vance, president of
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