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HomeMy WebLinkAbout1991-R-32A RESOLUTION DESIGNATING CERTAIN AREAS WITH THE CITY OF JEFFERSONVILLE, INDIANA, AS "ECONOMIC REVITALIZATION AREAS" WHEREAS, it has been requested that certain areas within City of jeffersonville, Indiana, be designated as an i.C. 6-1.1-12.1 the economic revitalization area pursuant to et seq.; and, WHEREAS, the Common Council of the City of jeffersonville, Indiana, recognizes the need to stimulate growth and to maintain a sound economy within the City of jeffersonville; and, WHEREAS, certain areas of the City are undesirable for, or impossible of, normal development and occupancy because of a lack of development, cessation of growth, deterioration of improvements or character of occupancy, age, obsolescence, substandard buildings or other factors which have impaired values or prevented a normal development of property or use of property; and, WHEREAS, the Common Council of the City of jeffersonville further recognizes that incentives to locate development in these under-utilized areas would be in the City's best interest; and, WHEREAS, the Common Council of the City of jeffersonville further recognizes that it would be beneficial to designate certain areas within the City that presently qualify as economic revitalization areas for the ultimate purpose of granting deductions against the assessed value of property for real property taxation purposes; and, WHEREAS, the Common Council of the City is vested with the authority to designate certain areas of the City to be economic revitalization areas; NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of jeffersonville, Indiana, that the area generally described in Exhibit "A" and shown on Exhibit "B", attached hereto, is declared and designated an economic revitalization area. Pursuant to the provisions of Indiana law, this area is hereby designated by the Common Council of the City of jeffersonville as an Economic Revitalization Area. Passed and adopted this / ~ day of d~2~-~ 1991, by the Common Clark County, Indiana. Council of the City of jeffersonville, ATTEST: CLERK-TREASUReR Presented by me as City of jeffersonville, .... , 199 . Approved and signed 0~-~-~, , 1991. Clerk-Treasurer to the Mayor of the Indiana, this /~ day of by me this { ~ day of The area in the City of jeffersonville, Indiana, commencing at the intersection of Tenth Street (State Highway 62), thence northeasterly along the center line of Nachand Line to a point at the rear property line of area commonly known as the Youngstown Shopping Center, to a point southwesterly approximately 150' from Main Street, to the southwest boundary Of the Youngstown Shopping Center property, thence southeasterly along said western boundary to a point intersecting at Tenth Street (State Highway 62), thence northerly along the western right-of-way line of Tenth Street (State Highway 62). This area is more particularly illustrated on the map attached hereto as Exhibit "A". EXHIBIT "A" EXHIBIT "B"