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HomeMy WebLinkAbout1990-R-10 RESOLUTION NO. 90-R-~ A RESOLUTION DESIGNATING CERTAIN AREAS WITH THE CITY OF JEFFERSONVILLE, INDIANA, AS "ECONOMIC REVITALIZATION AREAS'~ WHEREAS, it has been requested that certain areas with the City of Jeffersonville, Indiana, be designated as economic revitalization area pursuant to I.C. 6-1.1-12.1 through I.C. 6-1.12.1-7; and, WHEREAS, the Common Council of the City of recognizes the need to stimulate Indiana, maintain and, a sound economy within the Jeffersonville, growth and to City of Jeffersonville; further recognizes certain qualified revitalization areas against the assessed purposes; and, that it would be beneficial to designate areas within the City as economic for purposes of considering deductions value of property for real property tax 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 following area be declared and designated as an economic revitalization area: An area bounded by Plank Road on the south, the west fence line of Cedarview Subdivision on the east, Conrail/CSX Railroad right-of-way on the north, and the eastern fence line of the Census Bureau on the west. This area is WHEREAS, certain areas of the City are undesirable for, and/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 that incentives to local development in these under-utilized or distressed areas would be in the City's best interest; and, WHEREAS, the Common Council of the City of Jeffersonville further Exhibit A. Pursuant to hereby designated identified by the map which is attached hereto as the provisions of Indiana law, this area is by the Common Council of the City of Jeffersonville as an Economic Revitalization Area. Passed and adopted this / ~ day of ~.~ 1990, by the Common Council of the City of Jeffersonville, Clark County, Indiana. ATTEST: Presented by me as City of jeffersonville, , Clerk-Treasurer to the Mayor of the Indiana, this / ff day of Approved and signed C. R~CHARD SPENC~, JR. C-' CLERK-TREASURER ~ by me this / ~ day of EXHIBIT A