12-05-83 Council Meeting Minutes

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1'_Z_ 7 REGULAR MEETING DECEMBER 5, 1983 the northerly line of Lot 120 in said E. H. Rush's First Addition, South 0003' east 34.3 feet, more or less; thence on said extension and northerly line of Lot 120 in E. H. Rush's First Addition, North 89048' 30 west, 125.0 feet, more or less, to the point of beginning. As an Economic Revitalization Area, and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2 -5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstr and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, as follows: SECTION I. That the Common Council hereby confirms its Declaration Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for real property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Beverlie D. Crone Member of the Common Council A public hearing was held on the resolution at this time. Tom Gibson, a representative of the Holladay Corporation, indicated they planned to construct a multi- tenant industrial building. He indicated approximately twenty new jobs will be created. Council Member Szymkowiak made a motion adopt this resolution, seconded by Council Member Taylor. The motion carried. Council Member Voorde made a motion to combine public hearing on the next two resolutions, seconded by Council Member McGann. The motion carried. RESOLUTION NO. 1106 -83 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS U.S. 31 AND BRICK R., SOUTH BEND, INDIANA, AN ECONOMIC REVITALIZA AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT. WHEREAS, a petition for real property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as U.S. 31 and Brick Rd., South Bend, Indiana, and which is more particularly described by line drawn as follows: A part of the southeast 1/4 of the Northwest 1/4 of Section 19, Township 38 North, Range 2 East of the 2nd Principal Meridian, German Township, City of South Bend, St. Joseph County, Indiana more particularly described as follows: Beginning at the intersection of the East line of the Northwest 1/4 of said Section 19 with the North right -of -way line of the Indiana East -West Toll Road a centerline survey of which is recorded in Plat Book 19A, Pages 1 -22 inclusive, in the office of the St. Joseph County Recorder: Thence North 000 54' 38" West along said East line of the Northwest 1/4 of said Section, 450.00 feet: thence South 890 43' 00" West parallel with the North right -of -way line of the Indiana East-West Toll Road, 500.00 feet; thence South 000 54' 38" East parallel with the East line of the Northwest 1/4 of said Section, 450.00 to the North right - of -way line of the Indiana East -West Toll Road; thence North 890 43' 00" East along said North right -of -way line 500.00 feet to the point of beginning and containing 5.16959 acres, more or less. be designated as an Ecnomic Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1, et seq.; and WHEREAS, the Redevelopment Commission has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, et seq., and has further prepared maps and plats showing the boundaries and such other information as required by law of the area in question; and WHEREAS, the Human Resources and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as Economic Revitalization Area.