My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
10-24-88 Council Meeting Minutes
sbend
>
Public
>
Common Council
>
Minutes
>
Common Council Meeting Minutes
>
1988
>
10-24-88 Council Meeting Minutes
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
5/16/2013 2:34:22 PM
Creation date
5/16/2013 2:18:26 PM
Metadata
Fields
Template:
City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
10/24/1988
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
14
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
Show annotations
View images
View plain text
Em <br />jJLAR MF =N-G _QCTOBER-- 2-4_ -lg$$ _ <br />Section Four, Part One, and recorded as Instrument No. 8614459 in the Office of <br />the Recorder of St. Joseph County, Indiana; thence South 89 °43100" West, <br />156.38 feet, thence South 00 °54138" East, 371.47 feet; North 89 °43100" East, <br />586.94 feet to a point on the West Line of Technology Drive, said point being on <br />a 70.00 foot radius curve; thence along said curve to the right through a <br />central angle of 07 °19'19 ", a chord length of 8.94 feet which bears North <br />04 °31'34" West, an arc distance of 8.95 feet to the P.T. of said curve; thence <br />North 00 °54'38" West, along the West line of Technology Drive, 362.56 feet to <br />the Southeast corner of Lot 10 of aforesaid Landmark Business Park, Section <br />Four, Part One; thence South 89 °43'00" West, along the South line of said Lot <br />10, 430.00 feet to the Place of Beginning. Said tract contains 5.000 acres, <br />more or less. <br />being designated as an Economic Revitalization Area under the provisions of Indiana <br />Code 6 -1.1- 12.1 -1 et seq.; and, <br />WHEREAS, the Department of Economic Development has concluded an investigation <br />and prepared a report with information sufficient for the Common Council to <br />determine that the area qualifies as an Economic Revitalization Area under Indiana <br />Code 6 -1 .1- 12.1.1 et seq. and South Bend Municipal Code section 2 -76, et seq., and <br />has further prepared maps and plats showing the other information regarding the area <br />in question as required by law; and boundaries and such other information regarding <br />the area in question as required by law; and <br />WHEREAS, the Human Resources and Economic Development Committee of the Common <br />Council has reviewed said report and recommended to the Common Council that the area <br />qualifies as an Economic Revitalization Area. <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 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 I.C. 6 -1.1- 12.1 -1 et seq., and qualifies under <br />the provisions of South Bend Municipal Code Section 2.76 et seq., for tax abatement. <br />SECTION II. The Common Council hereby determines and finds the following: <br />A. That the estimate of the value of the redevelopment or rehabilitation is <br />reasonable for projects of this nature; <br />B. That the estimate of the number of individuals who will be employed or whose <br />employment will be retained can reasonably be expected to result from the proposed <br />described redevelopment or rehabilitation; <br />C. That the estimate of the annual salaries of those individuals who will be <br />employed or whose employment will be retained can be reasonably expected to result <br />from the proposed redevelopment or rehabilitation; <br />D. That the other benefits about which information was requested are benefits <br />that can be reasonably expected to result from the proposed described redevelopment <br />or rehabilitation; and <br />E. That the totality of benefits is sufficient to justify the deduction, all of <br />which satisfy the requirements of I.C. 6.1.1- 12.1 -3. <br />SECTION III. The Common Council hereby determines and finds that the proposed <br />described redevelopment or rehabilitation can be reasonably expected to yield the <br />benefits identified in the Statement of Benefits set forth as sections 1 through 11 <br />of the Petition for Real Property Tax Abatement Consideration and that the Statement <br />of Benefits form prescribed by the State Board of Accounts are sufficient to justify <br />the deduction granted under Section 6 -1.1- 12.1 -3 of the Indiana Code. <br />SECTION IV. The Common Council hereby accepts the report and recommendation of <br />the Human Resources and Economic Development Committee that the area herein <br />described be designated an Economic Revitalization Area and hereby adopts a <br />resolution designating this area as an Economic Revitalization Area for purposes of <br />real property tax abatement. <br />SECTION V. The designation as an Economic Revitalization Area shall be limited <br />to two (2) calendar years from the date of the adoption of this Resolution by the <br />Common Council. <br />SECTION VI. The Common Council hereby determines that the property owner is <br />qualified for and is granted property tax deduction for a period of ten (10) years. <br />SECTION VII. The Common Council directs the City Clerk to cause notice of the <br />adoption of this Declaratory Resolution for Real Property Tax Abatement to be <br />published, said publication providing notice of the public hearing before the Common <br />Council on the proposed confirming of said declaration. <br />SECTION VIII. 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 />
The URL can be used to link to this page
Your browser does not support the video tag.