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S, the Council held a public hearing for the purposes of hearing all
<br />trances and objections from interested persons; and
<br />EAS, the Council has determined that the qualifications for an economic
<br />talization area have been met.
<br />THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Lana, as follows:
<br />ION I. The Common Council hereby confirms its Declaratory Resolution designating
<br />area described herein as an Economic Revitalization Area for the purposes of tax
<br />ement. Such designation is for Personal property tax abatement only and is
<br />ted to two (2) calendar years from the date of adoption of the Declaratory
<br />lution by the Common Council.
<br />TION II. The Common Council hereby determines that the property owner is
<br />lified for and is granted Personal property tax deduction for a period of five (5)
<br />rs, and further determines that the petition complies with Chapter 2, Article 6,
<br />the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et seq.
<br />This Resolution shall be in full force and effect from and after its
<br />the Common Council and approval by the Mayor.
<br />/s /Ann Puzzello
<br />Member of the Common Council
<br />public hearing was held on the resolution at this time. David St. Clair, Vice
<br />resident, made the presentation for the resolution. He indicated they planned to
<br />urchase new machinery in order to be competitive. He indicated 21 new jobs would be
<br />reated. Council Member Slavinskas made a motion to adopt this resolution, seconded
<br />y Council Member Zakrzewski. The motion carried on a roll call vote of nine ayes.
<br />-94 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH
<br />BEND, DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH
<br />BEND COMMONLY KNOWN AS LOT 18C TOLL ROAD INDUSTRIAL PARK, AN
<br />ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN YEAR REAL
<br />PROPERTY TAX ABATEMENT FOR TOLL ROAD INDUSTRIAL PARTNERS
<br />L.P.
<br />WHEREAS, a petition for real property tax abatement has been filed with the City
<br />erk for consideration by the Common Council of the City of South Bend, Indiana
<br />questing that the area commonly known as Lot 18C Toll Road Industrial Park, South
<br />nd, Indian, and which is more particularly described as follows:
<br />A parcel of land in the southeast quarter of Section 21, Township 38 North,
<br />Range 2 East, German Township, St. Joseph County, Indiana and described as
<br />follows:
<br />Beginning at the northeast corner of the southeast quarter of said Section 21:
<br />Thence north 00 degrees 45' 45" west along the east line of Lot 18 -B of Gainey's
<br />replat of Lot 20 Section 1 and Lot 18, Section 6, Toll Road Industrial Park, as
<br />recorded under Instrument Number 9029253, dated October 19, 1990, in the Office
<br />of the Recorder, St. Joseph county, Indiana, a distance of 943.54 feet to the
<br />northeast corner of said Lot 118 -B; thence south 88 degrees 53' 36" west along
<br />the north line of Lot 18 -B, a distance of 932.88 feet; thence south 00 degrees
<br />56' 57" east, along the west line of Lot 18 -B, a distance of 1130.08 feet;
<br />thence north 88 degrees 53' 36" east, a distance of 930.01 feet to the east line
<br />of Lot 18 -B; then north 01 degrees 00" 44" west, along the east line of Lot 18-
<br />B, a distance of 186.55 feet to the place of beginning, and containing 24.1557
<br />acres, more or less, and is subject to any easement, restrictions and /or
<br />covenants of record.
<br />and which has Key Number 25 1013 0216 be designated as an Economic Revitalization
<br />Area under the provisions of Indiana Code 6 -1.1- 12.1 -1 et. seq. and South Bend
<br />Municipal Code Sections 2 -76 Et Seq.
<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 seq., and South Bend Municipal Code Sections 2 -76, et seq., and has
<br />further prepared maps and plats showing the boundaries and such other information
<br />regarding the area in question as required by law; and
<br />Whereas, the Human Resources and Economic Development Committee of the Common
<br />it has reviewed said report and recommended to the Common Council that the area
<br />fies as an Economic Revitalization Area.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />ndiana, as follows:
<br />SECTION I. The Common Council hereby determines and finds that the Petition for
<br />Real Property Tax Abatement and the Statement of Benefits form completed by the
<br />Petitioner meet the requirements of Indiana Code 6 -1.1- 12.1 -1 et seq., and qualifies
<br />under the relevant provisions of South Bend Municipal Code Sections 2 -76 et seq., for
<br />tax abatement.
<br />A. That the description of the proposed redevelopment or rehabilitation meets
<br />
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