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HomeMy WebLinkAbout1991-R-31 RESOLUTION NO. 91-R-~__~ A RESOLUTION DESIGNATING CERTAIN AREAS WITH THE CITY OF JEFFERSONVILLE, INDIANA, AS "ECONOMIC REVITALIZATION AREAS" Indiana, maintain and, 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; 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 these under-utilized areas would interest; and, WHEREAS, the Common Council of the to locate development in be in the City's best City of Jeffersonvi!le further certain economic granting recognizes that it would be beneficial to designate areas within the City that presently qualify as revitalization areas for the ultimate purpose of 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, the City described hereto, THEREFORE, BE IT RESOLVED by the Common Council of of Jeffersonville, Indiana, that the area generally in Exhibit "A" and shown on Exhibit "B", attached is declared and designated an economic revitalization area. Pursuant to the provisions of hereby designated by the Common Council of the City Jeffersonville as an Economic Revitalization Area. Passed and adopted this /~ day of 1991, Indiana law, this area is of by the Common Council of the City of Jeffersonville, Clark County, Indiana. ATTEST: c. R CHARD CLERK-TREASURNR Presented by me as City of Jeffersonville, Approved and signed s SD TT O EOH Clerk-Treasurer to the Mayor of the Indiana, this /4 day of by me this / ~ day of MAYOR DALE L. OREM The area in the City of Jeffersonvilte, Indiana, commencing at the intersection of Tenth and Wall Streets, thence west to the intersection of Tenth Street and Indiana Avenue, thence south to Ninth Street, thence east to Ohio Avenue, thence south to Eighth Street, thence east to Michigan Avenue, thence south to Court Avenue, thence west to the Exit "0" ramp of Interstate 65, thence south along said exit ramp to a point where the radius of the west side of Ohio Avenue cul de sac begins, thence to the point on the east side of Ohio Avenue where the cul de sac radius begins, thence east down the alley between Court Avenue and Maple Street to a point approximately one-third block from Pearl Street, thence south to Maple Street, thence east to Pearl Street, thence south to Riverside Drive, thence east to Wall Street, thence north to an alley approximately one-third block south of Court Avenue, thence east along said alley to Meigs Avenue, thence north to Court Avenue, thence west to Walnut Street, thence north to Eighth Street, thence west to Wall Street, thence north to the point of beginning at the intersection of Tenth Street and Wall Street. This area is more specifically shown on the map attached hereto as Exhibit "A". EX/4IBIT "A" EXHIBIT "B"