Designating Tax Abatement - Accuride Indiana, Inc. 4300 Quality Dr. (5 Year Personal Property)

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RESOLUTION NO./ 79- A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 4300 QUALITY DRIVE AN ECONOMIC REVrl'ALIZATION AREA FOR PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT FOR ACCURIDE INDIANA, INC. WHEREAS, a petition for personal property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as (street address), South Bend, Indiana, and which is more particularly described as follows: Parcel I: Lot Numbered Eight (8) as shown on the recorded Plat of Landmark Business Park, Section Six, Part One, recorded October 19, 1989 in the Office of the Recorder of St. Joseph County, Indiana, as Instrument No. 8928004. Parcel II: A tract of land in the North Half of Section 19, Township 38 North, Range 2 East, City of South Bend, German Township, St. Joseph County, Indiana, said tract being more particularly described as follows: Commencing at the North Quarter corner of said Section 19; thence South 00 054'38" East on the along the East line of said Northwest Quarter 110.75 feet to the South right -of -way line of Brick Road; thence North 88 °47'24" West on and along said South line a distance of 845.29 feet; thence South 00 °52'04" East a distance of 679.54 feet, said point being the true place of beginning; thence continuing South 00 °52'04" East a distance of 175.75 feet to PC of a 25.00 foot radius curve to the right; thence along said curve through a central angle of 49 °40'45 ", a chord length of 21.00 feet which bears South 23 058'19" West, an arc distance of 21.68 feet to a point of reverse curve with a 60.00 foot radius curve to the left; thence along said curve through a central angle of 93 047'08 ". a chord length of 87.60 feet which bears South 01'55'07' West, an arc distance of 98.20 feet; thence South 45 °01'33" West a distance of 25.00 feet; thence South 89 °55'38" West a distance of 395.50 feet; thence North 00 052'04" West a distance of 300.00 feet; thence North 89 055'38" East a distance of 426.53 feet to the place of beginning. Subject to legal highways. and this property has Key Numbers 25 -1017 -0604, 25 -1017 -0602 and 25 -1017- 0602.01, be designated as an Economic Revitalization Area under the provisions of Indiana Code 6- 1.1- 12.1 -1 et seq., and South Bend Municipal Code Sections 2 -76 et seq., 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 -1 et seg. , 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 Human Resources 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: