HomeMy WebLinkAboutConfirming Tax Abatement - Art Iron Inc. 1020 High St. (3 Year Real Property)RESOLUTION
NO. 1629 -88
Passed by the Common Council of the City of South Bend, Indiana,
Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
July 26, 19 88.
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City Clerk
Approved and signed by me J C � .2 19 Y?.
6 LA�
Mayor
RESOLUTION NO. I gw
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
1020 HIGH STREET
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF
A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR
ART IRON, INC.
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 1020 High Street and which is more particularly
described as follows:
Parcel 1:
(a) A part of the Northeast Quarter of Section 13, Township 37
North, Range 2 East in the City of South Bend, St. Joseph County,
Indiana, described as follows, viz:
Beginning at a point, in the center line of High Street, 159 feet
South of the point of intersection of the said center line of High
Street in Martin L. Wenger's Second Addition to the City of South
Bend with the North line of said Section 13, which said Section
line is the former East and West center line of Sample Street in
said City, said beginning point being a stone set in the center of
said High Street, East of and in line with the center line East
and West of the First Alley South of Sample Street in said
Wenger's Second Addition; thence from said point of beginning
running South with the center line of said High Street, 446 feet
to a stone set in the center of said High Street on the northerly
line of the right of way of the Lake Shore and Michigan Southern
Railway Company (New York Central Lines); thence South 57 degrees
and 12 minutes East with the Northerly line of said right of way,
641.3 feet to a stone set; thence North 654.22 feet to a stone
set; thence due West parallel with the North line of said Section
13, a distance of 209 feet to a stone set; thence due North
parallel with High Street 139 feet to a stone set; thence West 330
feet to the place of beginning, excepting therefrom the following
described parcel:
An irregular parcel of land in the City of South Bend, lying North
and adjacent to the right of way of the New York Central Railroad
and East of High Street, so called, being more particularly
described as follows:
Beginning at a point on the North line of the New York Central
Railroad at the intersection with the East line of said High
Street, so called; thence extending North along the East line of
High Street, a distance of 38 feet to a point; thence South 65
degrees 35 minutes 30 seconds East a distance of 174.86 feet to a
point; thence South 82 degrees 24 minutes East a distance of 80.62
feet to a point; thence North 78 degrees 59 minutes East a
distance of 283.10 feet to a point on the East line of the
property of the South Bend Toy Manufacturing Company; thence South
no degrees 33 minutes East along said East property line a
distance of 344.2 feet to a point on the North property line of
the New York Central Railroad; thence North 57 degrees 13 minutes
West along the North property line of said New York Central
Railroad a distance of 618.35 feet to the place of beginning.
(b) Also a tract or parcel of land in the City of South Bend, St.
Joseph County, Indiana, bounded by a line running as follows,
Viz:
Beginning at a point on the South side of a 14 foot alley running
East and West, distant South 146 feet and East 305 feet from the
Southeast corner of Sample and High Streets as formerly located in
said City, which point is 7 feet South of the corner of land now
owned by the South Bend Toy Manufacturing Company; thence South
with the land of said Toy Manufacturing Company's land 132 feet;
thence East with the line of said Company's land 209 feet to the
corner in the East line of said Company's land; thence North in
range with the East line of said Company's land, 31 feet; thence
Northwesterly to a point in the South line of said alley, 160 feet
due East of the place of beginning; thence West on the South line
of said 14 foot alley, 160 feet to the place of beginning.
(c) Also beginning at a point on the East line of High Street in
the City of South Bend, St. Joseph County, Indiana, 127 feet South
of the present Southeast corner of the intersection of High and
Sample Streets, which point of beginning is at the intersection of
the East line of High Street and the North line of an alley now
vacated; thence East along the North line of said alley, and
parallel to the South line of Sample Street a distance of 148.72
feet; thence Southeast a distance of 19.8 feet to a point on the
South line of said alley, which point is 141 feet South of the
present South line of Sample Street and 162.71 feet East of the
East line of High Street; thence West along the South line of said
alley and parallel to the South line of Sample Street, a distance
of 162.71 feet to the East line of High Street; thence North along
the East line of High Street a distance of 14 feet to the place of
beginning.
Parcel 2:
A lot or parcel of land in the North part of the Northeast Quarter
of Section 13, Township 37 North, Range 2 East, in City of South
Bend, St. Joseph County, Indiana, bounded by a line running as
follows, viz:
Beginning on the present South line of Sample Street in the City
of South Bend, at a point 183 feet and 4 inches East of the East
line of High Street in said City; thence running East on the South
line of said Sample Street, 45 feet 10 inches; thence South on a
line parallel with said East line of High Street, a distance of
127 feet, more or less, to the North line of a public alley;
thence West along the North line of said alley 45 feet 10 inches,
to a point due South of the place of beginning; thence North 127
feet, more or less, to the place of beginning, excepting therefrom
that part taken for the widening of Sample Street as described in
a deed dated April 30, 1959, recorded in Deed Record 591, pages
45 -46, of the records of St. Joseph County, Indiana.
Also a lot or parcel of land in the North part of the Northeast
Quarter of Section 13, Township 37 North, Range 2 East, in City of
South Bend, St. Joseph County, Indiana, bounded by a line running
as follows, viz:
Beginning on the present South line of Sample Street in the City
of South Bend, at a point 183 feet and 4 inches East of the East
line of High Street in said City; thence running West on the South
line of said Sample Street, 45 feet 10 inches; thence South on a
line parallel with said East line of High Street, a distance of
127 feet, more or less, to the North line of a public alley (now
vacated); thence East along the North line of said public alley
(now vacated) and along the North line of a public alley extended,
45 feet 10 inches to a point due South of the place of beginning;
thence North 127 feet, more or less, to the place of beginning,
excepting therefrom that part taken for a public alley as
described in Dedication Proceedings recorded in Miscellaneous
Record 117, pages 29 -31 of the Records of St. Joseph County,
Indiana. Also excepting therefrom that part taken for the
widening of Sample Street as described in a deed dated April 30,
1959, recorded in Deed Record 591, pages 45 -46 of the records of
St. Joseph County, Indiana.
Parcel 3:
A lot or parcel of land in the North part of the Northeast Quarter
of Section 13, Township 37 North, Range 2 East, now within and a
part of the City of South Bend, St. Joseph County, Indiana,
bounded by a line running as follows, viz:
Beginning on the present South line of Sample Street in the City
of South Bend at a point 91 feet 8 inches East of the East line of
High Street in said City; thence running East on the South line of
said Sample Street 45 feet 10 inches; thence South on a line
parallel with the East line of said High Street a distance of 127
feet, more or less, to the North line of a public alley (now
vacated); thence West along the said North line of said public
alley (now vacated), 45 feet 10 inches to a point due South of the
place of beginning; thence North 127 feet, more or less, to the
place of beginning, excepting therefrom that part taken for a
public alley as described in Dedication Proceedings recorded in
Miscellaneous Record 117, pages 29 -31 of the records of St. Joseph
County, Indiana. Also excepting therefrom that part taken for
the widening of Sample Street as described in a deed dated April
30, 1959 recorded in Deed Record 591, pages 45 -46 of the records
of St. Joseph County, Indiana.
Also a lot or parcel of land in the North part of the Northeast
Quarter of Section 13, Township 37 North, Range 2 East, now within
and a part of the City of South Bend, St. Joseph County, Indiana,
bounded by a line running as follows, viz:
Beginning at the corner formed by the intersection of the East
line of High Street with the present South line of Sample Street
in the City of South Bend; thence running East on the South line
of said Sample Street 91 feet and 8 inches; thence South on a line
parallel with the East line of said High Street, a distance of 127
feet, more or less, to the North line of a public alley (now
vacated); thence West along the North line of said public alley
(now vacated) 91 feet and 8 inches to the East line of said High
Street; thence North along the East line of said High Street, 127
feet, more or less, to the place of beginning, excepting therefrom
that part taken for a public alley as described in Dedication
Proceedings recorded in Miscellaneous Record 117, pages 29 -31 of
the records of St. Joseph County, Indiana. Also excepting
therefrom that part taken for the widening of Sample Street as
described in a deed dated April 30, 1959, recorded in Deed Record
591, pages 45 -46 of the records of St. Joseph County, Indiana.
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
WHEREAS, the Council has held a public hearing for the
purposes of hearing all remonstrances and objections from
interested persons; and
WHEREAS, the Council determined that the qualifications for
an economic revitalization area have been met.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the
City of South Bend, Indiana, as follows:
SECTION I. The Common Council hereby confirms its
Declaratory Resolution designating the area described herein as an
Economic Revitalization Area for purposes of tax abatement. Such
designation is for real property tax abatement only and is
limited to two (2) calendar years from the date of the adoption of
the Declaratory Resolution by the Common Council.
SECTION II. The Common Council hereby determines that the
property owner is qualified for and is granted real property tax
deduction for a period of three (3) years.
SECTION III. This Resolution shall be in full force and
effect from and after its adoption by the Common Council and
approval by the Mayor.
PRESENTED 7 S'9
NOT APPROVED
ADOPTED
,— (L� ,, -�, ��. -,,
MembeL of the Common Council
.Ju fil GlerR s 'WRA
JUL '2 x1988