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Designating Tax Abatement - Steel Warehouse Co. Inc., Allan Lerman, Frances Lerman, Nathan Lerman and A & F Realty Co. 2722 Tucker Dr. (10 Yr. Real Property)
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Designating Tax Abatement - Steel Warehouse Co. Inc., Allan Lerman, Frances Lerman, Nathan Lerman and A & F Realty Co. 2722 Tucker Dr. (10 Yr. Real Property)
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City Council - City Clerk
City Council - Document Type
Resolutions
City Counci - Date
7/28/1997
Ord-Res Number
2491-97
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RESOLUTION NO. �2 L * ' / 7 <br />A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS <br />2722 TUCKER DRIVE, SOUTH BEND, INDIANA <br />AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF REAL PROPERTY TAX ABATEMENT FOR <br />PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR <br />STEEL WAREHOUSE OF INDIANA, INC., <br />STEEL WAREHOUSE CO., INC., <br />ALLAN LERMAN, FRANCES LERMAN, NATHAN LERMAN <br />AND A & F REALTY CO. <br />WHEREAS, a petition for property tax abatement consideration has been filed with the Common <br />Council of the City of South Bend, requesting that the area commonly known as 2722 Tucker Drive, <br />South Bend, Indiana, and which is more particularly described as follows: <br />The following parcels of Real Estate all located in St. Joseph County, Indiana: <br />A part of the South 1/2 of the Northwest 1/4 of Section 15, Township 37 North, Range <br />2 East in the City of South Bend, St. Joseph County, Indiana, described as follows: <br />Beginning at a point on the East line of the Southwest 1/4 of the Northwest 1/4 of <br />said Section 15, 580.64 feet South of the Northeast comer of said Southwest 1/4 of <br />the Northwest 1/4, said point being 172.0 feet North of the North right of way line <br />of the Indiana Northern Railway Company; thence Westerly-parallel with said North <br />right -of -way line 565 feet to the Southwest corner of a tract of land conveyed to <br />Stanley Enterprises, Inc. By a deed recorded October 16, 1993 in Deed Record 777, <br />page 226; thence North along the West line of said Stanley Enterprises, Inc. tract, said <br />line being parallel with the East line of said Southwest 1/4 of the Northwest 114, <br />323.0 feet to the South line of Tucker Drive; thence West along the South line of <br />Tucker Drive 215.93 feet; thence South parallel with said East line of the Southwest <br />1/4 of the Northwest 1/4, 495.90 feet to the North right -of -way line of the Indiana <br />Northern Railway Company; thence Easterly along said North right -of -way line, <br />860.23 feet to the West edge of Steel Warehouse Co. Inc.'s building; thence North <br />along said West edge of building, 172.0 feet; thence Westerly parallel with the North <br />right -of -way line of the Indiana Northern Railway Company, 79.3 feet to the point of <br />beginning, containing 5.0 acres, more or less. <br />A part of the Southwest Quarter of the Northwest Quarter of Section 15, Township <br />37 North, Range 2 East in the City of South Bend, Indiana, more particularly <br />described as follows: <br />Beginning at a point 260 feet South and 25 feet West of the Northeast comer of said <br />Southwest Quarter of the Northwest Quarter; thence West 540 feet; thence South <br />parallel with the East line of said Southwest Quarter of the Northwest Quarter, <br />324.25 feet to a point 172 feet North of the North line of the right -of -way of the <br />Indiana Northern Railway Company; thence East parallel with said North line of said <br />right -of -way, 540 feet; thence North parallel with the East line of said Southwest <br />Quarter of the Northwest Quarter, 320.75 feet to the place of beginning. <br />A tract of land in the West Half (' /2) of the Northwest Quarter (1/4) of Section Fifteen <br />(15), Township Thirty -seven (3 7) North, Range Two (2) East, now within and a part <br />of the City of South Bend, St. Joseph County, Indiana, more particularly described <br />as follows: <br />
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