10-12-87 Council Meeting Minutes

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SECTION IV. That the Common Council hereby accepts the report and recommendation of the Human Resources and Economic Development Committee that the area herein described be designated an Economic Revitalization Area and hereby adopts a resolution designating this area as an Economic Revitalization Area for purposes of real property tax abatement. SECTION V. That the designation as an Economic Revitalization Area shall be limited to two (2) calendar years from the date of the adoption of this resolution by the Common Council. SECTION VI. That the Common Council hereby determines that the property owner is qualified for and is granted property tax deduction for a period of years. SECTION VII. This resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Joseph T. Serge Member of the Common Council A public hearing was held on the resolution at this indicated he planned to restore the exterior of the appearance to improve the appearance and structural encourage downtown customer interest and rental int, made a motion to adopt this resolution, seconded by motion carried. time. Simon Brazy, 1136 Helman, building to its original condition of the building and crest. Council Member Zakrzewski Council Member Voorde. The RESOLUTION NO. 1542 -87 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 902 -910 EAST IRELAND ROAD AND BOWEN DRIVE AND HIGH STREETS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT. WHEREAS, a petition for real property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as 902 -910 East Ireland Road and Bowen Drive and High Streets, South Bend, Indiana, and which is more particularly described as follows: PARCEL I: Beginning at a point on the North line of the Southeast Quarter of Section 25, Township 37 North, Range 2 East, 836.3 feet West of the Northeast corner of said Southeast quarter; thence South 230.45 feet parallel with the East line of the Southeast Quarter (East line of Section ); thence West 100 feet parallel with the said North line of the said Southeast Quarter; thence North 230.45 feet parallel with the East line of the said Southeast Quarter to the North line of the said Southeast Quarter; thence East 100 feet along the said North line to the place of beginning. PARCEL II: Part of the Southeast Quarter of Section 25, Township 37 North, Range 2 East, beginning at a point 690.3 feet West of the Northeast corner of said Southeast Quarter; thence South 230.45 feet; thence West 146 feet to true point of beginning of the land herein described; thence North 65 feet; thence East 57.67 feet; thence South 7 feet; thence East 7.33 feet; thence South 58 feet; thence West 65 feet to beginning. PARCEL III: Part of the Southeast Quarter of Section 25, Township 37 North, Range 2 East, situate in Centre Township, St. Joseph County, State of Indiana, and being more particularly described as follows: Beginning at a masonry nail in the pavement on the North line of the South Quarter of said Section 25, said point being 936.3 feet West of an iron pin monumenting the Northeast corner of the Southeast Quarter of said Section 25; thence Westwardly along the North line of the Southeast Quarter of said Section 25 a distance of 18 feet to a point; thence Southwardly with a deflection angle of 88 degrees 38 minutes 50 seconds to the left, and parallel with the East line of the Southeast Quarter of said Section 25, a distance of 556.45 feet to an iron stake; thence Eastwardly parallel with the North line of the Southeast Quarter of said Section 25, a distance of 114 feet to an iron stake; thence Northwardly parallel with the East line of the Southeast Quarter of said Section 25, a distance of 326 feet to a point; thence Westwardly parallel with the North line of the Southeast Quarter of said Section 25, a distance of 96 feet to a point; thence Northwardly parallel with the East line of the southeast Quarter of said Section 25, a distance of 230.45 feet to the place of beginning of this description. Beginning at a point on the North line of the Southeast Quarter of Section 25, Township 37 North, Range 2 East, 690.3 feet West of the Northeast Corner of said Southeast Quarter; thence South 230.45 feet parallel with the East line of the said Southeast Quarter (East line of the said Southeast Quarter (East line of Section )I thence West 81 feet parallel with the said North line of the said Southeast Quarter; thence North 65 feet parallel with the East line of the said Southeast Quarter; thence North 175.45 feet parallel with the East line of the said Southeast Quarter; thence East 146 feet to the place of beginning EXCEPTING THEREFROM a parcel of land described as beginning at the Northeast corner of the Southeast Quarter of said Section 25; thence West 836.3 feet along the North line of said Southeast Quarter Section; thence South 165.45 feet to the point of beginning of the land herein described; thence continuing South a distance of 10 feet; thence East 65 feet; thence North 3 feet; thence West 7.22 feet; thence North 7 feet; thence West 57.67 feet to the point of beginning.