Loading...
HomeMy WebLinkAbout1996-OR-86ORDINANCE NO. 96-OR-_.~ AN ORDINANCE DESIGNATING THE JEFFERSONVlLLE HISTORIC DISTRICT AN "ECONOMIC DEVELOPMENT TARG ET AREA" WHEREAS, on November 1, 1996 the Jeffersonville Economic Development Commission held a public meeting and recommended that the Jeffersonville Historic District be designated an economic development target area pursuant to the provisions of I.C. 6-1.1-12.1-7: and WHEREAS, the Common Council of the City of Jeffersonville, Indiana ("the Council") recognizes the need to stimulate growth and to maintain a sound economy within the City of Jeffersonville; and WHEREAS, the Jeffersonville Historic District has become undesirable for normal development and occupancy because of the lack of development, cessation of growth, deterioration of improvements or character of occupancy, age, obsolescence, and other factors which have impaired values and prevented normal development or use of the property; and WHEREAS, the Council recognizes that providing incentives to local development in underutilized or distressed areas would be in the City's best interest; and WHEREAS, the Council further recognizes that it would be beneficial to designate a certain qualified area within the city as an Economic Development Target Area for the purpose of considering deductions against the assessed value of property for real property tax purposes; and WHEREAS, the Common Council of the City is vested with the authority to designate certain areas of the City to be economic development target areas; NOW, THEREFORE, BE IT RESOLVED by the Council that pursuant to the previsions of Indiana law, the Jeffersonville Historic District, as described in Exhibit A attached hereto and incorporated by reference herein, is hereby designated an Economic Development Target Area. Passed and adopted by the Common Council of the City. of Jeffersonville, Clark County, Indiana, this /,~ day of A/,~/. ,199~_. Presiding Officer Aq-rEST: C. R~(~hard Spehcer~ r~ ' Clerk and Treasurer/ Y '' Presented by me as Clerk and Tr, e~-'urer to the Mayor of)~aid City of Jeffersonvillethis ,/~ dayof //I,/z¢~. ,199_~__. C. Rrch'ard Spencer. CtS. Clerk and Treasurer Approved and signed by me this . / ~ dayof /~. _~¢/~ , 199~. t~homas R. Ga~~ STATE Of INDIANA BEFORE THE JEFFERSONVILLE ECONOMIC DEVELOPMENT COMMISSION CERTIFICATION OF FAVORABLE RECOMMENDATION OF PROPOSED ECONOMIC DEVELOPMENT TARGET AREA RESOLUTION WHEREAS, Schimpff's Confectionery filed a petition before the Jeffersonville Economic Development Commission requesting that its property in the Jeffersonville Historic District be declared an Economic Development Target Area; and WHEREAS, the Jeffersonville Economic Development Commission held a public meeting on said Petition on November 1, 1996; and, WHEREAS, at the conclusion of the meeting the Jeffersonville Economic Development Commission voted by a majority vote of its entire membership to favorably recommend the proposed Petition to the Jeffersonville Common Council that the entire Jeffersonville Historic District be declared an Economic Development Target Area. IT IS THEREFORE CERTIFIED that on November 1, 1996. the Jeffersonville Economic Development Commission favorably recommended that the Jeffersonville Common Council adopt a Resolution declaring the Jeffersonville Historic District an Economic Development Target Area. So certified this '7' '~' ,zJ/c~ day of ~._ ,1996. Ron Barnes Chairman C;~G ELE~NA~.ONING~iEFFEC[3 E.C E~