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Designating Tax Abatement - SBG Realty LLC 3849 Showerlux Dr. (8 Yr.Real Property)
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Designating Tax Abatement - SBG Realty LLC 3849 Showerlux Dr. (8 Yr.Real Property)
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1/18/2011 4:08:10 PM
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1/18/2011 4:08:09 PM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
1/10/2011
Ord-Res Number
4073-11
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RESOLUTION NO. `f, O ~ 3 -' L <br />A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN <br />THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />3849 SHOWERLUX DRIVE <br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF UP TO <br />AN EIGHT (8) YEAR REAL PROPERTY TAX ABATEMENT FOR <br />SBG REALTY, LLC <br />WHEREAS, a petition for real property tax abatement has been filed with the City <br />Clerk for consideration by the Common Council of the City of South Bend, Indiana <br />requesting that the area commonly known as 3849 Showerlux Drive, South Bend, <br />Indiana, and which is more particularly described as follows: <br />This real estate is commonly described as: vacant land North of and <br />adjacent to 4701 Nimtz Parkway, said property having frontage on <br />Showerlux Drive, South Bend, Indiana 46628 and is legally described as <br />follows: that part of the Southeast Quarter of Section 20 and the <br />Southwest quarter of Section 21, both in Township 38 North, Range 2 <br />East, German Township, <br />City of South Bend, St. Joseph County, Indiana which is described as: Lot <br /># l0A as shown on the plat of "H.G. Baus Centre-Phase One First <br />Replat" subdivision recorded by Document No. 0746267 in the records in <br />the Office of the Recorder of St. Joseph County, Indiana. Containing 5.54 <br />acres more or less. Subject to all legal highways, easements and <br />restrictions of record, <br />and which has the Key Number 71-03-21-300-001.000-009, be designated as an <br />Economic Revitalization Area under the provisions of Indiana Code § 6-1.1-12.1 et seg., <br />and South Bend Municipal Code Sections 2-76 et seq., and; <br />WHEREAS, the Department of Community and Economic Development has <br />concluded an investigation and prepared a report with information sufficient for the <br />Common Council to determine that the area qualifies as an Economic Revitalization Area <br />under Indiana Code § 6-1.1-12.1, et sue., and South Bend Municipal Code Sections 2-76, <br />et seg., and has further prepared maps and plats showing the boundaries and such other <br />information regarding the area in question as required by law; and <br />
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