Designating Tax Abatement - Haldex Garphyttan Corp. 4404 Nimtz Parkway (5 Year Personal Property)

Home Browse Search

RESOLUTION NO. 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 ,IITIU�uYW�7.�7�Ci.l:� AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR HALDEX GARPHYTTAN CORPORATION WHEREAS, a petition for personal property tax abatement consideration 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 4404 Nimtz Parkway, South Bend, Indiana, and which is more particularly described as follows: Lots 16 and 17 of the H. G. Baus Centre Industrial Park which are a part of: The Southwest Quarter (1/4) of Section 21, Township 38 North, Range 2 East, excepting therefrom the following two tracts: Tract 1: Commencing at the Northwest comor of the Southwest 1/4 of Section 21, Township 38 North, Range 2 East, thence in an Easterly direction along the North line of said Quarter Section a distance of 650.41 feet to the point of beginning, thence continuing along the said North line in an Easterly direction, on the arc of a circular curve to the right of 0 °58'28.1 ", a distance of 983.65 feet to the East line of said Quarter Section; thence in a Southerly direction along said East line a distance of 350.36 feet; thence in a Northwesterly direction on the arc of a circular curve to the left of 01 °01'36.8" a distance of 2148.26 feet to the point of beginning. Tract 2: A part of the Southwest 1/4 of Section 21, Township 38 North, Range 2 East, St. Joseph County, Indiana, described as follows: Beginning at the Northeast comor of said Quarter Section; thence South 00 °52'00" East 424.89 feet along the East line of said Quarter Section to the Northern Boundary of the Indiana East -West Toll Road; thence along said Northern boundary northwesterly 989.03 feet along an arc to the left having a radius of 5,879.58 feet and subtended by a long chord having a bearing of North 65'33'44" West and a length of 987.87 feet to the North line of said Quarter Section; thence North 88 °57'48" East 893.08 feet along said North line to the point of beginning.