Designating Tax Abatement - Rose Fuel & Materials, Inc. 533 S. Chapin St. (6 Year Real Property)

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RESOLUTION NO. 32-U-0-3 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 533 SOUTH CHAPIN STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR South Bend Redevelopment Commission for the benefit of: ROSE FUEL & MATERIALS, INC. WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the area commonly known as 533 South Chapin Street, South Bend, Indiana, and which is more particularly described as follows: That part of the Southeast and Southwest Quarters of Section 11, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana which is described as: Beginning at a point which is N. 00 ( - 00' -36" W., 745.18 feet more or less and N. 89(- 48'59" W., 4.37 feet more or less and N. 00(- 11' -01" E., 63.50 feet more or less from the Southwest corner of the Southeast corner of the Southeast Quarter of said section 11; thence N. 00( - 00' -36" W., 160.00 feet more or less; thence N. 89( - 59' -49" W., 298.90 feet more or less; thence N. 00( - 03'37" E., 244.59 feet more or less; thence N. 40( - 34'41" E., 61.77 feet more or less to the Southerly line of proposed Oliver plow Court; thence around a 60.00 foot radius curve to the left and arc distance of 103.60 feet more or less to the end of a chord which bears N. 81( - 06' -23" E. and having a distance of 91.20 feet more or less; thence around a 25.00 foot radius curve to the right an are distance of 19.16 feet more or less to the end of a chord which bears N. 53( -36' -03" E. and having a distance of 18.70 feet more or less; thence around a 312.00 foot radius curve to the left an arc distance of 43.49 feet more or less to the end of a chord which bears N. 71( - 33' -54" E. and having a distance of 43.45 feet more or less; thence N. 70( - 12' -21" E., 188.77 feet more or less; thence around a 138.00 foot radius curve to the right and arc distance of 247.68 feet more or less to the end of a chord which bears N. 80( -06' -16" E. and having a distance of 47.45 feet more or less; thence N. 89( - 59' -49" E., 67.22 feet more or less; thence around a 138.00 foot radius curve to the right and arc distance of 32.01 feet more or less to the end of a chord which bears S. 83( - 21' -09" E. and having a distance of 31.94 feet more or less; thence S. 00( - 03' -37" W., 558.85 feet more or less; thence N. 89( - 59' -49" W., 210.59 feet more or less to the point of beginning. Containing 4.84 acres more or less. Subject to all legal highways, easements and