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

Home Browse Search

RESOLUTION NO. 2J-7 -55 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS IWIMMINVI TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR HALDEX GARPHYTTAN CORPORATION WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 4404 Nimtz Parkway and which is more particularly described as follows: Lots 16 and 17 of the H. G. Bans 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 cornor 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 cornor 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. and which has Key Number 25- 1010- 0361.03, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and