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HomeMy WebLinkAbout1990-R-44 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 within the City of Jeffersonville, Indiana, be designated as an economic revitalization area pursuant to I.C. 6-1.1-12.1 et seq.; and, WHEREAS, the Common Council of the City of jeffersonville, recognizes the need to stimulate growth and to a sound economy within the City of jeffersonville; Indiana, maintain and, WHEREAS, or impossible certain areas Of the City are undesirable for, 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 Jeffersonvilte 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 following area be declared and designated as an economic revitalization area: The area in the City of Jeffersonville, Indiana, bounded by Court Avenue on the north, the Clark Memorial Pursuant to hereby designated Bridge/U.S. Highway 31 on the west, the City of jeffersonville/State of Indiana boundary line on the south, and Interstate 65 on the east. This area is more specifically described in the legal description and plat which are attached hereto as Exhibits "A" and "B", respectively, and are incorporated herein. 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: CLERK-TREASURE~ ~ Presented by me as City of Jeffersonville, , 199o. Clerk-Treasurer to Indiana, this the Mayor of the ~ day of ~pproved and signed C. RICHARD SPENC , JR.~./ CLERK-TREASURER ~ by me this ~ day of MAYO~R--DALE L. OREM-- Bounded on the north by the south Right-of-Way line of Court Avenue (formerly the north "Fourth Street"); Bounded on the east by the western RtghtTof-Way llne of Interstate #65 but enclusive of the off ramp known as · "Bxit 0"I Bounded on the south by the Indiana State Line, same being the northern line of the Commonwealth of Ken[ucky; and Bounded on the west by the eastern Right-of-Way line of U.S. Highway #31, but encluslve of the right turn lane leading to Illinois Avenue~ EXHIBIT "A" V~T ~OURT AV~.A~ A~"NTUCI~y EXHIBIT "B"