HomeMy WebLinkAbout1996-R-06RESOLUTION NO. 96-R-~
A RESOLUTION DESIGNATING CERTAIN AREAS WITH,THE CITY OF
JEFFERSONVILLE, INDIANA, AS "ECONOMIC DEVELOPMENT TARGET AREA"
WHEREAS, it has been requested that a certain area within the
city of Jeffersonville, Indiana, be designated as an economic
development target area pursuant to Indiana Code I.C. 6-1.1-12.1-
3(e) (10); 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, this specific area of the City has been vacant for 30
years for normal development, because character of the specified
lot, age, location, and restricted development area, 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
recognizes 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
recognizes that it would be beneficial to designate a certain
qualified area within the City as an economic development target
area for purposes of considering deductions against the assessed
value of property for real property tax purposes; and,
WHEREAS, the Common Council of the City is vested with the
authority to designate certain areas of the City to be economic
development target 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:
That part of Lot No. 232 in the city of
Jeffersonville as described as follows:
Beginning at Southwest corner of said Lot
232; thence Northwardly with the East line
of Wall Street 60 feet; thence Eastwardly on
a line parallel with the South line of said
Lot 232, 60 feet; thence Southwardly on a
line parallel with the West line of said lot
60 feet to the North line of Maple Street;
thence Westwardly with the North line of
Maple Street 60 feet to the place of
beginning.
Pursuant to the provisions of Indiana law, this area is hereby
designated by the Common Council of the City of Jeffersonville as
an Economic Development Target Area.
Passed and adopted this ~'~ da~~ of Februa~ry, 1996, by the
Common Council of the City of~ !ersonvill~Clark County,
An HEW WILLIAMS
PREEIDENT, COMMON COUNCIL
C. RICHARD SPENCER, JR~/
CLERK-TREASURER
Presented by me as 91erk-Treasurer to the Mayor o~ ~he City of
Jeffersonville, Indiana, this ~ day of /~-~, , 1996.
c. '
CLERK-TREASURE~
Approved and signed by me this . , 1996.
~YOR THO~S GALLIG~
JEFFERSONVILLE ECONOMIC DEVELOPMENT COMMISSION
RESOLUTION
WHEREAS, the
("the Commission")
WHEREAS, for
Jeffersonville Economic Development Commission
met on January 16, 1996, at 8:00 A. M.; and
the purpose of obtaining a tax abatement,
pursuant to I.C. 6-1.1-12.1-3(e) (10), Jerry Ramser, the owner of
the Wall Street Cafe, has requested that the parcel upon which he
proposes to construct a new Wall Street Cafe be designated an
economic development target area; and
WHEREAS, at its January 16, 1996'meeting the Commission heard
evidence concerning the parcel located at the northeast corner of
Wall and Maple Streets; and
WHERE~S, based upon the evidence heard, the Commission found
that the subject parcel has been undeveloped for in excess of
twenty (20) years, and has become undesirable for normal
development and occupancy.
NOW, THEREFORE, the Commission hereby recommends that the
Jeffersonville City Council by ordinance designate the parcel
located at the northeast corner of Wall and Maple Streets an
economic development target area pursuant to I.C. 6-1.1-12.1-7.
RON BARNES, PRESIDENT