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Confirming Tax Abatement - South Bend Redevelopment Commission benefit of : AJW South Bend Realty Corp. 1902 W. Sample St. (10 Year Real Property)
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Confirming Tax Abatement - South Bend Redevelopment Commission benefit of : AJW South Bend Realty Corp. 1902 W. Sample St. (10 Year Real Property)
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
5/13/2002
Ord-Res Number
3094-02
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RESOLUTIONNO. -30c1-32- <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 />1902 W. SAMPLE ST. <br />TO BE AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A TEN (10) YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />SOUTH BEND REDEVELOPMENT COMMISSION for the benefit of: <br />AJW SOUTH BEND REALTY CORP. <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 1902 W. <br />Sample Street, South Bend, Indiana, and which is more particularly described as follows: <br />That Part of the Northeast Quarter of Section 15, Township 37 North, Range 2 East, Portage <br />Township, City of South Bend, St. Joseph County, Indiana which is described as: Beginning at a <br />Point which is S. 00 °- 05' -51" E. (All Bearings Assumed), 50.00 ft. more or less and S. 89 ° -52'- <br />12" E., 1,076.95 ft. more or less from the North Quarter Post of Said Section 15; thence <br />continuing S. 00° - 05' -51" E., 395.00 ft. more or less; thence S. 89 °- 56' -51" W., 492.00 ft. more <br />or less; thence N. 51 °- 31' -38" W., 141.28 ft. more or less to the Proposed Southerly Line of <br />Sample Street; thence along said Proposed Line, S. 37 °45140" W., 697.66 ft. more or less to the <br />Proposed Easterly Line of Olive Street; thence along said East Line, S. 00 °- 08' -02" W., 1106.17 <br />ft. more or Less; thence N. 89 °- 54' -19" E., 557.45 ft. more or less; thence N. 790- 32' -32" E., <br />592.72 ft. more or less; thence N. 00 °- 07' -40" W., 370.29 ft. more or less; thence N. 89 °- 54' -19" <br />E., 922.75 ft. more or less; thence N. 00 °- 01' -16" W., 1482.61 ft. more or less to the Proposed <br />South Line of Sample Street; thence N. 89 °- 52' -12" W. along said Proposed South Line, 1029.96 <br />ft. to the Point of Beginning. <br />Containing 70.95 acres more or less. <br />and which has Key Number 18- 8075 -2841, 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 />
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