|
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
<br />further determines that the petition complies with Chapter 2, Article 6, of the
<br />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. Mark Baker, 803 Park Ave.,
<br />made the presentation for the resolutions. He indicated they were requesting these
<br />abatements in order to purchase additional equipment. Council Member Coleman made a
<br />motion to adopt Resolution No. 2261 -95, seconded by Council Member Duda. The
<br />resolution was adopted by a roll call vote of nine ayes. Council Member Kelly made a
<br />motion to adopt Resolution No. 2262 -95, seconded by Council Member Zakrzewski. The
<br />resolution was adopted by a roll call vote of nine ayes.
<br />RESOLUTION NO. 2263 -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 PARCEL 16, SOUTHEAST
<br />CORNER OF GARST STREET AND LAFAYETTE BOULEVARD, TO BE AN
<br />ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR
<br />REAL PROPERTY TAX ABATEMENT FOR DENNIS R. REINER (DBA:
<br />MIDWEST MACHINE PRODUCTS, 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 Parcel 16,
<br />southeast corner of Garst and Lafayette Blvd., South Bend IN, and which is
<br />particularly described as follows:
<br />That part of the northwest quarter of Section 13, Township 37 North, Range
<br />2 East, Portage Township, City of South Bend, St. Joseph County, Indiana
<br />which is described as: Lots 41, 42, 43, 44 as shown on the recorded Plat
<br />of "South Bend City ", as platted by Samuel Morrison now within and a part
<br />of the City of South Bend, In St. Joseph County, Indiana, in the records of
<br />the St. Joseph County, Indiana, Recorders Office; thence N. 89 52' 08" W.
<br />along the north line of said Lot and the south right -of -way line of Garst
<br />Street, 164.86 ft (Record 165.0 ft.) to the northeast corner of said Lot
<br />and the west right -of -way line of a 14 ft. public alley; thence S 00 51'
<br />51" W. along said Lot line and right -of -way line, 165.07 ft. (Record 165
<br />ft.) to the southwest corner of said Lot and the east right -of -way line of
<br />Lafayette Blvd.; thence N. 00 18' 06" W. along said east right -of -way
<br />line, 264.55 ft (Record 264.0 ft.) to the point of beginning. Containing
<br />1.0019 acres or 43,641 square feet.
<br />with said real estate having the following Key Nos. 18 8003 0119, 18 8003 0125, as an
<br />Economic 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
<br />remonstrances and objections from interested persons; and
<br />WHEREAS, the Council has determined
<br />revitalization area have been met.
<br />NOW, THEREFORE, BE IT RESOLVED by the
<br />Indiana, as follows:
<br />that the qualifications
<br />of hearing all
<br />for an economic
<br />Common Council of the City of South Bend,
<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 Reiner, president
<br />of Midwest, made the presentation for the resolution. He indicated Midwest is a
<br />precision machine shop they planned to build a new facility in the Studebaker
<br />
|