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05-26-15 Common Council Meeting Minutes
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05-26-15 Common Council Meeting Minutes
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City Council - City Clerk
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REGULAR MEETING <br />MAY 26, 2015 <br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br />(10) TEN -YEAR REAL PROPERTY TAX ABATEMENT FOR <br />Historic JMS Building, LLC <br />WHEREAS, a petition for real property tax abatement consideration has been filed with <br />the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, <br />requesting that the area commonly known as 106 -110 North Main St., South Bend, IN 46601 and <br />which is more particularly described as: <br />Key Number 018 - 1008 -0330 —Lot 21 Ex 5'N End & Ex 26'E Side Original Plat 99 -010 Split to <br />033003 Trans 9773 10 -7 -98 <br />Key Number 018 - 1008 - 033003 — 20.33'X 70' Nw Cor Lot 20 Original Plat 99 -00 Split Fry 0330 <br />Per 9773 10 -7 -8 <br />Key Number 018 - 1008 -0331 - LOT 20 8X40 FT S SIDE OF 40 FT X 18 FT NE COR & MID PT <br />N END LOTS 19 &20 62 1/2 FT ON WASH ST X 1112-3 FT DEEP O P SO BEND <br />be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1- <br />12.1 et seq., and South Bend Municipal Code Sections 2 -76 et seq., and; <br />WHEREAS, petitioner has agreed to and has accepted responsibility to report any changes <br />in the final legal description and to report the final, appropriate Key Number to the Department of <br />Community Investment and to the Office of the City Clerk; and <br />WHEREAS, the Department of Community Investment has concluded an investigation and <br />prepared a report with information sufficient for the Common Council to determine that the area <br />qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1 -12.1, et seq., and South <br />Bend Municipal Code Sections 2 -76, et seg., and has further prepared maps and plats showing the <br />boundaries and such other information regarding the area in question as required by law; and <br />WHEREAS, the Community Investment Committee of the Common Council has reviewed <br />said report and recommended to the Common Council that the area qualifies as an Economic <br />Revitalization Area. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby determines and finds that the Petition for Real Property <br />Tax Abatement and the Statement of Benefits form completed by the Petitioner meet the <br />requirements of Indiana Code § 6 -1.1 -12.1 et seq., for tax abatement. <br />SECTION II. The Common Council hereby determines and finds the following: <br />A. That the description of the proposed redevelopment or rehabilitation meets the <br />applicable standards for such development; <br />15 <br />
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