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HomeMy WebLinkAbout1988-R-29 RESOLUTION NO. 88-R-~_~ RESOLUTION CONFIRMING AN AREA TO BE AN ECONOMIC REVITALIZATION AREA PURSUANT TO PREVIOUS DECLARATIONS WHEREAS, the common Council of the City of jeffersonville is authorized pursuant to the provisions of Indiana code 6-1.1-12.1-et seq. to create ,,Economic Revitalization Areas" with the City of jeffersonville; and WHEREAS, plat maps and legal descriptions of the areas previously declared Economic Revitalization Areas have been presented to the Common Council of the City of jeffersonville; and WHEREAS, Revitalization declared Economic 88-R-27 on the 6th have become undesirable for, or impossible of, normal and occupancy because a lack of development, of growth, deterioration of improvements, or of occupancy, age, obsolescence, substandard or other factors which have impaired values and normal development of property or use of property including but not limited to economic, teChnological, or energy related obsolescences which may lead to a decline in employment and tax revenue; and That said areas are hereby declared ,,Economic Revitalization areas within the City of jeffersonville, development cessation character buildings WHEREAS, the consideration to received during said must common Council has given careful all evidence, testimony, remonstrances hearing; and WHEREAS, the Common Council of the City of jeffersonville take final action to confirm, modify or rescind Resolution No. 88-R-27- NOW, THEREFORE, BE described in Resolution IT FOUND AND RESOLVED that the areas No. 88-R-27 and fully incorporated herein, prevent a said area were previously Areas pursuant to Resolution day of September, 1988; and WHEREAS, pursuant to the provisions of I.C. 6-1.1-12.1-et seq., a required hearing was held by the Common Council of the City of jeffersonville on October 3, 1988; and Indiana; and That said declaration shall apply only to property within said area which is or shall hereafter become zoned for and used for industrial or commercial purposes and is not to include agricultural or residential uses within said area; and That said declaration is to remain in effect for ten (10) years or until terminated by this council, provided, however, that said declaration is to continue in effect with regard to any real or personal property which is qualified for tax abatement during the ten year period set forth hereinabove for purposes of such abatement; and That a copy of the legal descriptions declaring areas to be Economic Revitalization Areas are fully set forth in Resolution No. 88-R-27, a copy of which is attached heretO as Exhibit A for purposes of identifying Revitalization Area as declared herein. That a copy of this resolution shall be County Assessor upon its adoption and signing the Economic filed with the into law by the necessary actions. Passed and adopted this 3rd day of October, 1988, by the Common council of the City of jeffersonville, Clark county, Indiana. ATTEST: Presented by me as IDENT, coMMON cOUNCIL Clerk-Treasurer to the Mayor of the Indiana, this 3rd day of october, 1988. City of jeffersonville, C. ~ICHARD SPENCER, CLERK-TREASURER ~ Approved and signed by me this 3rd day of October, 1988. L.