HomeMy WebLinkAbout1990-OR-01ORDINANCE NO. 90-OR- /
AN ORDINANCE DESIGNATING CERTAIN DEVELOPMENT
AREAS AS "ECONOMIC DEVELOPMENT TARGET AREAS"
WITHIN THE CITY OF JEFFERSONVILLE, INDIANA
WHEREAS, it has been requested that certain areas within
the City of Jeffersonville be designated as economic
development target areas pursuant to I.C. 6-1.1-12.1 thru
I.C. 6.1.12.1-7; and,
WHEREAS, the
Jeffersonville, Indiana,
growth and to maintain
Jeffersonville; and,
Common Council for
WHEREAS, certain
and/or impossible of,
the City of
recognizes the need to stimulate
a sound economy within the City of
areas of the City are undesirable for,
normal development and occupancy because
of a lack of development, cessation of growth, deterioration or
improvements, specifically including erosion damage and
substandard utility services, and other factors which have
impaired values or prevented a normal development of property
or use of property; and,
WHEREAS, the Common Council for the City of Jeffersonville
further recognizes that incentives to locate development in
these unutilized or bypassed areas would be in the City's best
interest; and,
WHEREAS, the Common Council for the City of Jeffersonville
further recognizes that it would be
certain areas within the City that
economic development target areas, for
against the assessed value of property;
WHEREAS, the Economic Development
has recommended to the Co~on Council of
Jeffersonville, Indiana, that certain areas
designated as economic development target areas.
beneficial to designate
presently qualify as
purposes of a deduction
and,
Commission for the City
the City of
of the City be
NOW, THEREFORE, BE IT ORDAINEb by the City Council for the
City of Jeffersonville, Indiana,['that:
The following area ~ declared and designated as an
economic development target area:
Passed and
Jeffersonville, Clark
, 1990.
Ail of that area south of the southerly right-of-way line
of Riverside Drive between Watt Street and Fort Street in
the the City of Jeffersonville, Indiana, as further shown
on the map which is attached hereto as Exhibit "A".
This area is hereby designated as an "Economic Development
Target Area."
This Ordinance shall be in full force and effect upon its
timely passage, promulgation and approval by the Mayor.
adopted by the Common Council of the City of
County, Indiana, on the 2-~ day of
COUNCIL
ATTEST:
C. ~CHARD SPE~ER,/~J,I~/
CLERK-TREASURE~ --
Presented by me as Clerk-Treasurer to
City of Jeffersonville this
1990.
This Ordinance
day of ~
the Mayor of said
day of ~Af. ,
C. RfChARD SPENCER~ JR.
CLERK-TREASURER
approved and signed by me this
, 1990 .
MAYOR DALE L. OREM ~
EXHIBIT "A"