Notice of Adoption of Resolution Designating the “Goshen Assisted Living Economic Revitalization Area” and Notice of Public Hearing

Pursuant to I.C. 6-1.1-12.1-2.5, notice is given that the Goshen Common Council passed Resolution 2017-19 on September 5, 2017 declaring the designation of an economic revitalization area for the purpose of phasing-in certain real estate taxes in connection with the construction of an assisted living facility by Goshen Assisted Living, LLC (“Applicant”). This area, which is located at 2440 South Berkshire Drive, Goshen, Indiana 46526, is identified as the “Goshen Assisted Living Economic Revitalization Area.” A map and description of the affected area is available and can be inspected at the Elkhart County Assessor’s Office at 117 North Second Street, Goshen, Indiana or Goshen City Clerk Treasurer’s Office, 202 S 5th Street, Goshen, Indiana.

Notice is given that the Goshen Common Council, at a meeting on October 3, 2017 at 7:00 p.m., will hold a public hearing to receive and hear all remonstrance and objections concerning this designation from interested persons. The hearing will be held in the City Court Room/Council Chambers at the Goshen Police & Court Building, 111 East Jefferson Street, Goshen, Indiana. After considering public comment, the Common Council will take final action to determine whether the qualifications for an economic revitalization area have been met, and may confirm, modify, or rescind the previously adopted declaratory resolution.

If the declaratory resolution is confirmed by the Common Council, the designation of the Goshen Assisted Living Economic Revitalization Area shall be limited to a period of seven (7) calendar years. The Applicant will be entitled to make application for a deduction from the assessed value of the real estate taxes on the designated economic revitalization area in an amount not to exceed Fifteen Million Five Hundred Thousand Dollars ($15,500,000) and for no more than seven (7) years.