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<br />~,~1 <br />IJ¡¡I, <br /> <br />CONFIRMATORY RESOLUTION REGARDING THE APPLICATION <br />OF MAJESTIC BLOCK AND SUPPLY. INC. <br /> <br />WHEREAS, the Town of Mooresville has been requested by Majestic Block and Supply, <br /> <br />Inc. to find pursuant to IC 6-1.1-12.1 et seq. that the following described real estate is an <br /> <br />Economic Revitalization Area: see attached legal description "A" attached hereto and made a <br /> <br />part hereof; and <br /> <br />WHEREAS, on May 4, 1999, the Mooresville Town Council did adopt a Preliminary <br /> <br />Resolution for the Designation of the Real Estate described above as an Economic Revitalization <br /> <br />Area and for both real and personal property abatement; and <br /> <br />WHEREAS, notice of the adoption and substance of said Preliminary Resolution was <br /> <br />published in the Mooresville Times pursuant to IC 6-1.1-12.1-2.5 and IC 5-3-1 on May 5, 1999 <br /> <br />being more than ten (10) days before the date of this Resolution; and <br /> <br />WHEREAS, the application, description of the affected area and pertinent supporting data <br /> <br />were available for inspection in the office of the Morgan County Assessor; and <br /> <br />WHEREAS, the Mooresville Town Council will base the length of real estate tax <br /> <br />abatement and personal property tax abatement upon such factors as comply with the Town's <br /> <br />zoning law, type of project, investment and effect on the tax rate and new job creations; and <br /> <br />WHEREAS, the Town Council, after conducting a public hearing on this matter, has <br /> <br />given careful consideration to all comments and views expressed and written evidence presented <br /> <br />regarding the designation of the subject real estate as an Economic Revitalization Area and its <br /> <br />~ <br /> <br />appropriateness for tax abatement; and <br /> <br />WHEREAS, the Town Council has approved Findings of Fact concerning this abatement <br /> <br />and its qualitication under the Town's Ordinance and Indiana Code. <br />