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Confirming Tax Abatement - 1215 S. Walnut St. - Lock Joint Tube, LLC
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Confirming Tax Abatement - 1215 S. Walnut St. - Lock Joint Tube, LLC
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Last modified
1/23/2008 9:36:21 AM
Creation date
1/11/2008 8:31:01 AM
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
8/14/2006
Ord-Res Number
3621-06
Bill Number
06-76
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RESOLUTION NO. ~ ~Z~- ~ ~° <br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />1215 S. WALNUT STREET <br />TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br />FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR <br />LOCK JOINT TUBE, LLC <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas <br />for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 1215 S. <br />Walnut Street, and which is more particularly described as follows: <br />A tract of land in the City of South Bend, County of St. Joseph, and State of Indiana, <br />situated in the Northwest '/a of Section 14, and the Northeast '/a of Section 15, <br />Township 37 North, Range 2 East, bounded by the following described line: <br />Beginning at a point in the West line of Walnut Street, 682.75 feet south of the South <br />line of Sample Street, which point is 31 feet South of the South line of the Sanders <br />and Egbert Tract, as conveyed by deeds recorded in Deed Record 118, Page 428 and <br />Deed record 121, Page 320; thence on an assumed bearing of South 0°00'49" East <br />along said West line of Walnut Street, 556.95 feet; thence South 89°55'05" West, <br />1200 feet; thence North 0°00'49" West parallel with said West line of Walnut Street, <br />589.19 feet to a point 651.75 feet south of the south line of Sample Street or the <br />produced South line of the tract conveyed to F.C. Raff, recorded in Deed Record 172 <br />Page 641; thence South 89°57'10" East along the South line above described tract <br />produced East, 295 feet; thence South 0°00'49" East parallel with the West line of <br />Walnut Street, 31 feet; thence North 89°57' 16" East, 905 feet to the place of <br />beginning, containing 15.565 acres, more or less. The foregoing legal description <br />includes tax parcel no. 18-8021-084504. <br />and which has Key Numbers 18-8021-084504, as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before <br />the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and <br />
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