09-25-06 Council Meeting Minutes

Home Browse Search

REGULAR MEETING SEPTEMBER 25, 2006 thence South 0°06’00” West (bearing assumed) along the West right-of-way line of Niles Avenue, a measured distance of 409.94 feet to the Southeast Corner of said Lot 48; thence North 89°45’24” West along the North right-of-way line of Washington Street, a measured distance of 11.00 feet; thence North 0°06’00” East parallel with said West right-of-way of Niles Avenue, a measured distance of 409.91 feet to the South right-of- way line of Colfax Avenue; thence South 89°54’00” East along said South right-of-way, a measured distance of 11.00 feet to the place of beginning containing 4,509 square feet, more or less. Subject to any easements, covenants, or restrictions of record. Parcel E9-11. A parcel of land being Lots 95 and 96 and the East 65 feet of Lot 94 in the Original Plat to the Town of Lowell, now City of South Bend, Portage Township, St. Joseph County, Indiana, and being more particularly described as follows: Beginning at the Southwest corner of said lot 96; thence North 0°00’00” East (bearing assumed) along the East right-of-way line of Niles Avenue a distance of 131.72 feet to the Northwest corner of said lot 95; thence North 89°57’00” East along the North line of said lot 95 a distance of 100.95 feet; thence North 0°04’55” West a distance of 65.92 feet to the North line of said lot 94; thence North 89°54’56” East along said North line of distance of 65.00 feet to the Northeast corner of said lot; thence South 0°04’56” East along the East line of said lots a distance of 197.89 feet to the South line of said lot 96; thence North 89°58’41” West along said South line a distance of 166.14 feet to the place of beginning containing 26,175 square feet (0.601 acres) more or less. Subject to any easements, covenants, or restrictions of record and which has Tax Key Numbers 18-5004-0079.01 and 18-5004-0072, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrance’s and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real property tax abatement only and is limited to two (2) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of (8) eight years, and further determines that the petition, the Memorandum of Agreement between the Petitioner and the City of South Bend, and the Statement of Benefits comply with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6-1.1-12 et seq. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approved by the Mayor. 17