HomeMy WebLinkAbout1994-R-04 LEGAL NOTICE
Notice is hereby given that the City Council
Jeffersonville, Indiana, adopted a resolution on
1994. Such resolution is as follows:
for the City of
RESOlUTiON NO. -R- ,-/
RESOLUTION BY THE CITY COUNCIL FOR THE CITY
OF JEFFERSONVILLE, INDIANA, DESIGNATING CERTAIN
DEVELOPMENT AREAS AS "ECONOMIC REVITALIZATION
AREAS" WITHIN THE CITY OF JEFFERSONVILLE, INDIANA
WHEREAS, it has been requested that certain areas within the
City of Jeffersonville, Indiana, be
revitalization areas, pursuant to I.C.
6-1.1-12.1-8; and
Whereas, the city
Indiana,
a sound
Council
designated as economic
6-1.1-12.1-1 through I.C.
recognizes the
economy in the
for the City of Jeffersonville;
Council for the City of Jeffersonville,
need to stimulate growth and to maintain
city, under the jurisdiction of the City
and
Whereas, certain areas of the city are undesirable for, and/or
impossible of, normal development and occupancy because of a lack
of normal development, cessation of growth, deterioration of
improvements or character of occupancy, age, obsolescence, or other
factors which have impaired values or prevented a normal
development of property or use.of property; and
WHEREAS, the City Council for the city of Jeffersonville,
Indiana, further recognizes that incentives to locate development
in these unutilized or bypassed areas would be in the City's best
interest; and
WHEREAS, the City Council for the city of Jeffersonville,
Indiana, further recognizes that it would be beneficial to
designate certain areas within the city that presently qualify as
economic revitalization areas for purposes of a deduction against
the assessed value of property; and
WHEREAS, the City Council for the city of Jeffersonville,
Indiana, is vested with the authority to designate certain areas
of the City to be economic revitalization areas; and
WHEREAS, the applicant has filed with the City Council of the
city of Jeffersonville, Indiana, a Statement of Benefits in
accordance with I.Co 6-1.1-12.1-3; and
WHEREAS, the city Council for the city of Jeffersonville,
Indiana, has reviewed the Statement of Benefits required under I.C.
6-1.1-12.1-3 and now makes the following findings concerning such:
1. The estimate of the value of the redevelopment or
rehabilitation is reasonable for projects of that nature.
2. The estimate of the number of individuals who will be
employed or whose employment will be retained can be reasonably
expected to result from the proposed described redevelopment or
rehabilitation.
3. The estimate of the annual salaries of those individuals
who will be employed or whose employment will be retained can be
reasonably expected to result from the prOposed described
redevelopment or rehabilitation.
4. The benefits about which information was requested are
benefits that can reasonably be expected to result from the
2
Jeffersonville, Indiana, will hear and receive all remonstrance and
objections from interested persons at its regular meeting at the
City-County Building, Jeffersonville, Indiana.
, President
JEFFERSONVILLE CITY COUNCIL
Presented by me as Clerk and Treasurer to the Mayor of said City of
Jeffersonville this 25th day of April, 1994.
CLERK AND TREASURER
Approved and signed by me this 25th day of April, 1994.
MAYOR
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proposed described redevelopment or rehabilitation.
5. The totality of benefits is sufficient to justify the
deduction.
NOW, THEREFORE, BE IT RESOLVED, by the city Council for the
city of Jeffersonville, Indiana, that:
The following area be declared and designated as an economic
revitalization area: (See EXHIBIT "A" attached hereto and made a
part hereof as if fully set herein).
This area is hereby designated as an "Economic Revitalization
Area", and shall be entitled to qualify for a ten (10) year
deduction against assessed evaluation of real property, under I.C.
6-1.1-12.1-4.5.
PASSED AND ADOPTED on this 2~'~ day of
1994.
CITY COUNCIL FOR THE CITY OF
JEFFERSONVILLE, INDIANA
By: ~--
, President
A description of the affected area is available and can be
inspected at the Clark County Assessor's office in the City-County
Building in Jeffersonville, Indiana.
Notice is further given that on~ '~ ~., /~/ ,
1994, at approximately 7:30 p.m., local time, the city Council for