HomeMy WebLinkAbout2018-R-5 RESOLUTION NO. 2018-R- S
BEFORE THE JEFFERSONVILLE REDEVELOPMENT COMMISSION
STATE OF INDIANA
A RESOLUTION RECOMMENDING TO THE COMMON COUNCIL
A WAIVER OF NON-COMPLIANCE FOR
KOETTER INVESTMENT PARTNERS LLC
ON REAL AND PERSONAL PROPERTY TAX ABATEMENT
WHEREAS, Koetter Investment Partners, LLC (formerly Koetter Five Star Properties,
LLC and hereinafter called"Koetter")) was granted a tax abatement on real and personal property
by resolution on March 7, 2016 from the City of Jeffersonville, Indiana;
WHEREAS,the Common Council is the designating body for approving such applications;
WHEREAS, Koetter is requesting that they be given an extension on the tax abatement
until December 31, 2018 for reasons listed in the explanation attached hereto as Exhibit"A";
WHEREAS, said application requires review by the Jeffersonville Redevelopment
Commission.
NOW, THEREFORE, BE IT RESOLVED BY THE JEFFERSONVILLE
REDEVELOPMENT COMMISSION THAT:
1. The Jeffersonville Redevelopment Commission has reviewed the attached"Waiver
of Non-Compliance" for Real and Personal Property Tax Abatement; and
2. The Jeffersonville Redevelopment Commission hereby recommends to the
Common Council the resolution for waiver of non-compliance on real and personal property tax
abatement for Koetter Investment Partners, LLC (formerly Koetter Five Star Properties, LLC)
approving extension for abatement period to December 31, 2018.
Adopted at a meeting of the Jeffersonville Redevelopment Commission held the 25th day
of April, 2018.
JEFFERSONVILLE REDEVLOPMENT
COMâ–º,ISSION
R. Monty Sne in_ 'res
.,"
ATTEST:
Loat4/1_1-2rf/ii
Secreta ,111.111.