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07-28-14 Council Agenda & Packet
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07-28-14 Council Agenda & Packet
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7/25/2014 4:07:10 PM
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7/24/2014 11:46:53 AM
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City Council - City Clerk
City Council - Document Type
Agendas
City Counci - Date
7/28/2014
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(L 'u <br />RESOLUTION NO. <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 />Lot 7 Ignition Park Major Subdivision <br />AS AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A SEVEN (7) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />CATALYST, 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 <br />Areas for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as Lot 7 <br />Ignition Park Subdivision , South Bend, Indiana, and which is more particularly described as <br />follows: <br />A PART OF THE NORTHEAST QUARTER OF SECTION 14, TOWNSHIP 37 NORTH, <br />RANGE 2 EAST PORTAGE TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, <br />INDIANA BEING MORE PARTICULARLY DESCRIBED AS FOLLOWS: BEGINNING AT <br />THE POINT OF THE INTERSECTION OF THE WEST LINE OF FRANKLIN STREET <br />WITH THE NORTH LINE OF STULL STREET; THENCE ALONG SAID NORTH LINE <br />FOR THE NEXT FIVE (5) COURSES, SOUTH 890- 21' -45" WEST A DISTANCE OF 448.14 <br />FEET AND SOUTH 790- 04' -37" WEST A DISTANCE OF 143.69 FEET AND ALONG A <br />CURVE TO THE RIGHT HAVING A RADIUS OF 329.00 FEET AND HAVING AN ARC <br />DISTANCE OF 7.08 FEET, TO THE END OF A CHORD BEARING SOUTH 190- 31' -39" <br />EAST, AND HAVING A DISTANCE OF 7.08 FEET AND SOUTH 79 °- 04' -37" WEST A <br />DISTANCE OF 199.83 FEET AND ALONG A CURVE TO THE LEFT HAVING A RADIUS <br />OF 833.00 FEET AND HAVING AN ARC DISTANCE OF 56.34 FEET, TO THE END OF A <br />CHORD BEARING SOUTH 77 °- 08' -22" WEST, AND HAVING A DISTANCE OF 56.33 TO <br />A POINT OF INTERSECTION WITH THE EAST LINE OF IGNITION DRIVE SOUTH; <br />THENCE ALONG SAID EAST LINE FOR THE NEXT FOUR (4) COURSES, NORTH 63°- <br />37'-23" WEST A DISTANCE OF 59.76 FEET AND NORTH 190- 54' -55" WEST A DISTANCE <br />OF 129.95 FEET AND ALONG A CURVE TO THE RIGHT HAVING A RADIUS OF 167.00 <br />FEET AND HAVING AN ARC DISTANCE OF 58.65 FEET, TO THE END OF A CHORD <br />BEARING NORTH 100- 03' -37" WEST, AND HAVING A DISTANCE OF 58.34 FEET AND <br />NORTH 000- 00' -00" EAST A DISTANCE OF 507.17 FEET; THENCE NORTH 89 °- 40' -25" <br />EAST A DISTANCE OF 935.86 FEET TO THE WEST LINE OF SAID FRANKLIN STREET; <br />
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