Designating Tax Abatement - South Bend Heritage Foundation & Baugo Creek Realty Northeast Corner of Chapin St. & Western Ave. (10 Year Real Property)

Home Browse Search

RESOLUTION NO. c2W— % / 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 NORTHEAST CORNER OF CHAPIN STREET AND WESTERN AVENUE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION AND BAUGO CREEK REALTY (AN INDIANA PARTNERSHIP) 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 Northeast Corner of Chapin Street and Western Avenue, South Bend, Indiana, and which is more particularly described as follows: Street Address Legal Description Key Number 302 S. Chapin 32 FT N & S X 118.14 FT E & WNW COR BOL 71 18- 3051- 2001.01 306 S. Chapin 89 FT N & S X 118.14 FT E & W EX 32 FT W END NW CORNER BOL 71 18- 3051 -2001 308 S. Chapin 38 X 7 RODS 4 LKS MID PT W SIDE N 1/2 BOL 71 18- 3051 -2002 310 -312 S. Chapin 32.9 FT X 118.14 FT MID PT W SIDE N 1/2 BOL 71 18- 3051 -2003 314 S. Chapin S 20.1 FT OF S 35 FT OF N 1/2 NW PART OF BOL 71 18- 3051 -2004 734 W. Napier E 28.87 FT OF W 147.01 FT N 1/2 BOL 71 18- 3051 -2005 732 W. Napier E 28.87 FT OF W 175.88 FT N 1/2 BOL 71 18- 3051 -2006 730 W. Napier 7 RODS E END OF 2 1.2 N 1 -4 BOL 71 18- 3051 -2007 No Address 50 FT ON CHAPIN ST X 122.59 FT W SIDE S 1/2 BOL 71 18- 3051 -2008 No Address 65 FT X 122.59 FT MIDDLE PART W SIDE W 1/2 OF S 1/2 BOL 71 18- 3051 -2009 No Address 46.12 FT X 122.59 FT SW CORNER BOL 71 18- 3051 -2010 No Address W 39 FT ON WESTERN AVE MID PART W 1/2 S 1/2 BOL 71 18- 3051 -2011 735 W. Western E 39 FT OF W 208 FT EX TRI PC TO CITY FOR ST SW BOL 71 18- 3051 -2012 733 W. Western W 37 FT OF E 94 1/2 FT W 1/2 S 1/2 BOL 71 18- 3051 -2013 No Address E 57.5 FT OF W 1/2 OF S 1/2 BOL 71 18- 3051 -2014 be designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1 -12.1 et seq., and South Bend Municipal Code Sections 2 -76 et sea., and; WHEREAS, the Department of Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1 -12.1, et seq., and South Bend Municipal Code Sections 2 -76, et sea, and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Economic Revitalization Area. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds that the Petition for Real Property Tax Abatement and the Statement of Benefits form completed by the Petitioner meet the requirements of Indiana Code 6 -1.1 -12.1 et sea., and qulifies under the relevant provisions of South Bend Municipal