03-13-00 Council Meeting Minutes

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REGULAR MEETING MARCH 13, 2000 WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 1910 Lincoln Way East, South Bend, Indiana, and which is more particularly described as follows: A parcel of land in the East Half of the Southeast quarter of Section 18, Township 37 North, Range 3 East, City of South Bend, St. Joseph County, Indiana and being more particularly described as follows: Commencing at the intersection of the North right of way of Consolidated Rail Corporation (Conrail) and the west right of way of Ironwood Drive, identified at 64.01 feet left of Line "PRA" at Station 151 +22.25 on Sheet One of the Right of Way Dedication sheet obtained from Cole Associates, Inc. and prepared for the St. Joseph County Ironwood Conrail Project No. 5612 -76; thence South 88 °39'00" West along the north line of said railroad right of way 238.40 feet to a 3/4" pinch pipe; thence continuing South 88 °39'00" West along said north line 187.70 feet to a 3/4" rebar; then North 0 °36'24" East 148.41 feet to the south line of Lincolnway East; thence easterly and souther along said south line the following courses and distances: South 88 °06'00 ", East 149.90 feet; South 85 °50'49" East 37.17 feet; South 00 °15'36" East 25.50 feet; South 82 °16'12" East 194.24 feet; South 40 °08'58" East 71.17 feet; thence South 00 °03'55" East 24.70 feet to the point of beginning of this description. Containing 1.09 acres. Subject to public rights of way and other easements and encumbrances or record. and which has Key Number 18- 7079 -2894, as an Economic Revitalization Area; and WHEREAS, notice ofthe 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 remonstrances 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 six (6) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 et. sea. 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. s /Charlotte Pfeifer Member of the Common Council