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M11
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<br />feet; thence South 89 °59113" East, 450.00 feet; thence South 00 °00147" West,
<br />234.09 feet; thence North 89 °59'13" West, 450.00 feet to the Point of Beginning,
<br />and containing 2.418 acres, more or less, and is subject to easements, restrictions,
<br />and or limitations of record
<br />as an Economic Revitalization Area; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public
<br />hearing before the Council has been published pursuant to Indiana Code
<br />6 -1.1- 12.1 -2.5; and
<br />WHEREAS, the Council has held a public hearing for the purposes of hearing all
<br />remonstrances and objections from interested persons; and
<br />WHEREAS, the Council 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
<br />designating the area described herein as an Economic Revitalization Area for
<br />purposes of tax abatement. Such designation is for personal property tax abatement
<br />only and is limited to two (2) calendar years from the date of the adoption of the
<br />Declaratory 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 deduction for a period of five (5)
<br />years.
<br />SECTION III. This resolution shall be in full force and effect from and after
<br />its adoption by the Common Council and approval by the Mayor.
<br />/s/ John Voorde
<br />Member of the Common Council
<br />John Hanson, attorney, made the presentation for resolution. He indicated this
<br />abatement was for personal property that will be used in the newly constructed
<br />facility at 2750 Foundation Drive. Council Member Zakrzewski made a motion to
<br />adopt this resolution, as amended, seconded by Council Member Duda. The resolution
<br />was adopted by a roll call vote of nine ayes.
<br />RESOLUTION NO.1663 -88 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
<br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
<br />SOUTH BEND, INDIANA COMMONLY KNOWN AS 614 N. MICHIGAN
<br />STREET, TO BE AN ECONOMIC REVITALIZATION AREA FOR
<br />PURPOSES OF A 3 YEAR REAL PROPERTY TAX ABATEMENT
<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 614 N.
<br />Michigan Street, and which is more particularly described as follows:
<br />Lots 2 , 3 , 4 , 5 , and 6 as shown on the recorded Plat of Rockstroh Brothers
<br />Addition to the city of South Bend; also Lots 2, 3, 4, 5, 6, 7, 8, 10, 11, 12 and 13
<br />as shown on the recorded Plat of Dinan's Subdivision of Lots 36 -41, inclusive of
<br />Rockstroh's Second Addition to the city of South Bend; along with adjacent vacated
<br />alleys and Dinan Court;
<br />as an Economic Revitalization Area; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public
<br />hearing before the Council has been published pursuant to Indiana Code
<br />6 -1.1- 12.1 -2.5; and
<br />WHEREAS, the Council has held a public hearing for the purposes of hearing all
<br />remonstrances and objections from interested persons; and
<br />WHEREAS, the Council 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
<br />designating the area described herein as an Economic Revitalization Area for
<br />purposes of tax abatement. Such designation is for real property tax abatement only
<br />and is limited to two (2) calendar years from the date of the adoption of the
<br />Declaratory Resolution by the Common Council.
<br />SECTION II. The Common Council hereby determines that the property owner is
<br />qualified for and is granted real property deduction for a period of three (3)
<br />years.
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