Notice is hereby given that on September 17, 2024, the Town Council of Syracuse, Indiana adopted Economic Revitalization Area Declaratory Resolution No. 2024-02, which Resolution provides in substance as follows:

Whereas the real estate located at 300 E. Chicago St., Syracuse, IN 46567, as more fully described in the Resolution (“Real Estate”) has become undesirable for, or impossible of, normal development and occupancy, and the improvement of the Real Estate would benefit and would promote the welfare of all citizens and taxpayers in Syracuse, Kosciusko County, Indiana and the Syracuse Town Council found, declared, and designated the Real Estate to be an economic revitalization area as defined in IC 6-1.1-12.1-1 (“ERA”). The Syracuse Town Council also declared that deductions for ten (10) years for new real estate improvements installed in the ERA would be granted for qualified projects.

A description of the affected area is available and can be inspected in the Syracuse Clerk/Treasurer’s Office.

The Syracuse Town Council also found that it should approve the Statements of Benefits filed by Shore Capital, LLC (“Company”) for qualified projects located on the Real Estate for such 10 year abatement deductions.

A public hearing on these matters will be held by the Syracuse Town Council on October 15, 2024, at 7:00 o’clock P.M. in the Town Hall, 310 N. Huntington St., Syracuse, Indiana 46567. At this hearing, the Syracuse Town Council (1) will receive and hear all remonstrances and objections from interested persons and (2) shall take final action determining whether the qualifications for an economic revitalization area have been met and confirming, modifying and confirming, or rescinding the Resolution, after considering the evidence.

Syracuse Town Council
Virginia A. Cazier, Clerk/Treasurer
Town of Syracuse, Indiana
September 17, 2024