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REGULAR MEETING NOVEMBER 14,_ 1988
<br />RESOLUTION NO. 1668 -88 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
<br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
<br />SOUTH BEND, INDIANA COMMONLY KNOWN AS TECHNOLOGY DRIVE
<br />TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
<br />5 YEAR PERSONAL PROPERTY TAX ABATEMENT FOR GORDON
<br />PLASTICS INC
<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
<br />Revitalization Areas for the purpose of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the area commonly known as
<br />Technology Drive, and which is more particularly described as follows:
<br />A parcel of land in the north half of Section 19, Township 38 North, Range 2
<br />East, City of South Bend, German Township, St. Joseph County, Indiana, said
<br />tract more particularly described as follows:
<br />Commencing at the North Quarter corner of said Section 19; thence South
<br />00 °54138" East, on and along the North centerline of said Section 19, 110.75
<br />feet to the South right -of -way line of Brick Road; thence North 88 °47'24"
<br />West, along said South line, 519.31 feet; thence South 00 °54138" East, 1002.25
<br />feet; thence North 89 °55136" East, 18.97 feet; thence South 00 °54138" East,
<br />311.85 feet to the true Place of Beginning, said Point being the Southwest
<br />corner of Lot 10 as shown on the recorded Plat of Landmark Business Park,
<br />Section Four, Part One, and recorded as Instrument No. 8614459 in the Office of
<br />the Recorder of St. Joseph County, Indiana; thence South 89 °43100" West,
<br />156.38 feet, thence South 00 °54138" East, 371.47 feet; North 89 °43100" East,
<br />586.94 feet to a point on the West Line of Technology Drive, said point being on
<br />a 70.00 foot radius curve; thence along said curve to the right through a
<br />central angle of 07 °1911911, a chord length of 8.94 feet which bears North
<br />04 °31'34" West, an arc distance of 8.95 feet to the P.T. of said curve; thence
<br />North 00 °54138" West, along the West line of Technology Drive, 362.56 feet to
<br />the Southeast corner of Lot 10 of aforesaid Landmark Business Park, Section
<br />Four, Part One; thence South 89 °43100" West, along the South line of said Lot
<br />10, 430.00 feet to the Place of Beginning. Said tract contains 5.000 acres,
<br />more or less.
<br />as an Economic Revitalization Area; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public
<br />hearing before the Council has been published pursuant to Indiana Code
<br />6 -1.1- 12.1 -2.5; and
<br />WHEREAS, the Council has held a public hearing for the purposes of hearing all
<br />remonstrances and objections from interested persons; and
<br />WHEREAS, the Council determined that the qualifications for an economic
<br />revitalization area have been met.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />Indiana, as follows:
<br />SECTION I. The Common Council hereby confirms its Declaratory Resolution
<br />designating the area described herein as an Economic Revitalization Area for
<br />purposes of tax abatement. Such designation is for personal property tax abatement
<br />only and is limited to two (2) calendar years from the date of the adoption of the
<br />Declaratory Resolution by the Common Council.
<br />SECTION II. The Common Council hereby determines that the property owner is
<br />qualified for and is granted personal property deduction for a period of five (5)
<br />years.
<br />SECTION III. This resolution shall be in full force and effect from and after
<br />its adoption by the Common Council and approval by the Mayor.
<br />/s/ John Voorde
<br />Member of the Common Council
<br />A public hearing was held on the resolution at this time. Larry Dawson, General
<br />Manager, of Gordon Plastics, made the presentation for the resolutions. He
<br />indicated they planned to construct a facility in the Airport Industrial Park. He
<br />indicated they manufactured custom plastics through the use of plastic molding
<br />presses and related equipment. Tom Zar, Project Future, spoke in favor of these
<br />abatements. Council Member Zakrzewski made a motion to adopt Resolution No.
<br />1667 -88, seconded by Council Member Luecke. The resolution was adopted by a roll
<br />call vote of nine ayes. Council Member Zakrzewski made a motion to adopt Resolution
<br />No. 1668- 88,7seconded by Council Member Luecke. The resolution was adopted by a
<br />roll call vote of nine ayes.
<br />Council Member Coleman made a motion to combine public hearing on the next two
<br />resolutions, seconded by Council Member Duda. The motion carried.
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