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05-12-14 Council Agenda & Packet
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05-12-14 Council Agenda & Packet
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
5/12/2014
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and also along the east line of a parcel conveyed to Transit Mix, Inc. as described in Warranty <br />Deed 9018257, a distance of 955.26 feet to a point which is South 00 °58'55" West -- 314.00 feet <br />from a stone found at the northwest corner of the Southeast Quarter (S.E.1 /4) of the Northeast <br />Quarter (N.E.1 /4) of said Section Twenty -Six (26); thence North 89 °42'44" East, along the south <br />line of two (02) parcels conveyed to Miles Laboratories, Inc. as described in Warranty Deed <br />7903212 and Warranty Deed 8501215, a distance of 1270.41 feet to a point on the west right of <br />way line of a public street now known as Lafayette Street; thence South 01 °30'47" West, along <br />said west right of way line of Lafayette Street and being parallel with and 30.00 feet west of the <br />east line of the Southeast Quarter (S.E. 1/4) of the Northeast Quarter (N.E.1 /4) of said Section <br />Twenty -Six (26), a distance of 602.05 feet to the northeast corner of a parcel conveyed to Arthur <br />Fontonelli and as described in Warranty Deed 9335926; thence South 90 °00'00" West, along the <br />north line of said parcel conveyed to Arthur Fontonelli and also being along the north line of a <br />parcel conveyed to Arthur Fontonelli as described in Corporate Warranty Deed 9335926, a <br />distance of 370.00 feet to the northwest corner of said parcel conveyed to Arthur Fontonelli; <br />thence South 0 1 °30'47" West, along the west line of said parcel conveyed to Arthur Fontonelli, a <br />distance of 360.00 feet to the Point of Beginning of this description. <br />and which has Key Number 023 - 1013 -0758 a/k/a 71- 08 -26- 200 - 014.000 -002, be <br />designated as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />WHEREAS, the Council has 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 <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the <br />area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for Real property tax abatement only and is limited to two (2) calendar years <br />from the date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is qualified for <br />and is granted Real property tax deduction for a period of up to such years as set forth in the title <br />of this resolution, and further determines that the petition, the Memorandum of Agreement <br />between the Petitioner and the City of South Bend, and the Statement of Benefits comply with <br />Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6- 1.1 -12 <br />et se . <br />
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