06-13-94 Council Meeting Minutes

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10101*0Q1E1 talization Area; and JUNE 13, 199V EREAS, notice of the adoption of a Declaratory Resolution and the public hearing fore the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and EAS, the Council held a public hearing for the purposes of hearing all remonstrances objections from interested persons; and EAS, the Council has determined that the qualifications for an economic talization area have been met. , THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, follows: ION I. The Common Council hereby confirms its Declaratory Resolution designating area described herein as an Economic Revitalization Area for the purposes of tax ement. Such designation is for Real property tax abatement only and is limited to (2) calendar years from the date of adoption of the Declaratory Resolution by the on Council. ION II. The Common Council hereby determines that the property owner is qualified and is granted Real property tax deduction for a period of three (3) years, and her determines that the petition complies with Chapter 2, Article 6, of the cipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et sea. N III. This Resolution shall be in full force and effect from and after its on by the Common Council and approval by the Mayor. /s /Ann Puzzello Member of the Common Council public hearing was held on the resolution at this time. Anthony Fortuna, President Harbor Metal made the presentation for the bill. He indicated they planned to expand .eir facility in order to increase production. Council Member Coleman made a motion adopt this resolution, seconded by Council Member Kelly. The resolution was adopted a roll call vote of nine ayes. -94 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 802 S. FELLOWS TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE YEAR PERSONAL PROPERTY TAX ABATEMENT FOR HARBOR METAL TREATING OF INDIANA, INC. REAS, the Common Council of the City of South Bend, Indiana, has adopted a laratory Resolution designating certain areas within the City as Economic italization Areas for the purpose of tax abatement consideration; and REAS, a Declaratory Resolution designated the area commonly known as 802 S. Fellows, th Bend IN, and which is particularly described as follows: S 156 THROUGH 167 EX NE COR LOT 161 AND VACATED ALLEYS E H RUSHES SECOND ADD KNOWN PARCEL #12 MONROE /SAMPLE REDEVELOPMENT AREA. th said real estate having the following Key No. 18 3092 150574 an Economic vitalization Area; and , notice of the adoption of a Declaratory Resolution and the public hearing the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and EAS, the Council held a public hearing for the purposes of hearing all remonstrances objections from interested persons; and EAS, the Council has determined that the qualifications for an economic talization area have been met. , THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, follows: TION I. The Common Council hereby confirms its Declaratory Resolution designating area described herein as an Economic Revitalization Area for the purposes of tax tement. Such designation is for Personal property tax abatement only and is limited two (2) calendar years from the date of adoption of the Declaratory Resolution by the mon Council. CTION II. The Common Council hereby determines that the property owner is qualified r and is granted Personal property tax deduction for a period of five (5) years, and rther determines that the petition complies with Chapter 2, Article 6, of the nicipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et sea.