Confirming Tax Abatement - Indiana-Michigan Valves Inc. 3502 W. McGill St. (3 Year Real Property)

Home Browse Search

RESOLUTION NO. t c,—R A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 3502 W. McGill Street, South Bend, In, 46628 TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT WHEREAS, the Common Council of the City of South Bend has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas forthe purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 3502 W. McGill Street South Bend, In 46628 and which is more particularly described as follows: A part of the northeast quarter of section 28, township 38 north, range 2 east, City of South Bend, St. Joseph County, Indiana, described as follows: Commencing at the northeast corner of said section 28; thence south 89 degrees 48'05" west (the bearing of the south line of the southeast quarter of section 28 is assumed north 90 degrees 00'00"west) a distance of 1305.00 feet along the north boundary of said northeast quarter to the centerline intersection of Cleveland Road and Kenmore Street; thence south 00 degrees 00'23" west a distance of 363.70 feet to a cross cut in the pavement; thence south 09 degrees 59'37" east a distance of 531.87 feet to a cross cut in the centerline of Kenmore Street; thence south 80 degrees 00'23" west a distance of 40.00 feet to a 1/2" iron rebar; and being the point of beginning; thence south 09 degrees 59'37" east along the west boundary of the Kenmore Street right—of—way a distance of 193.65 feet to a 1/2" iron rebar; thence southerly along said west boundary 213.72 feet along an arc to the right having a radius of 1869.86 feet and subtended by a long chord having a bearing of south 06 degrees 43'10" east and a length of 213.60 feet to a 1/2" iron rebar; thence north 89 degrees 59'37" west a distance of 244.44 feet to a 1/2" iron rebar; thence north 00 degrees 00'23" east a distance of 382.35 feet to the south boundary of the McGill Street right—of—way and a 1/2" iron rebar; thence easterly along said south boundary of McGill Street right—of—way 90.16 feet along an arc to the left having a radius of 1944.86 feet and subtended by a long chord having a bearing of north 81 degrees 20'03" east and a length of 90.15 feet to a 1/2" iron rebar; then continuing along said boundary north 80 degrees 00'23" east a distance of 86.41 feet to a 1/2" iron rebar; thence south 54 degrees 59'34" east a distance of 14.14 feet to the point of beginning and containing 2.000 acres more or less, and is subject to easements, restrictions and or limitations of record.