Designating Tax Abatement - 604 S. Scott St. (5 Year Personal Property)

Home Browse Search

Street, a distance of 311. 7 feet to a point which is 14 . 6 feet Southerly of said track of The New York Central Railroad Company measured at right angles to said straight line, said point being also . 1 feet Northerly of the Northwesterly corner of the top of retaining wall extending Westerly from the South- westerly pylon of the bridge of The New York Central Railroad Company over Prairie Street, said line passes through a point marked by a drill hole placed in the face of the retaining wall situated on the East side of said Scott Street at a point 3 feet above sidewalk level; thence Southerly along a straight line forming an angle of 94°50 ' to last described straight line, measured from West to South, a distance of 4 . 6 feet to a point distant 2 . 75 feet by rectangular measurement Southeasterly from the face of the retaining wall aforesaid; thence Easterly along a straight line parallel to said retaining wall, a distance of 31 . 8 feet, more or less, to a point in the Westerly line of Prairie Avenue and forming an angle of 66°30 ' with the said Westerly line of Prairie Avenue measured from West to South, said point in the Westerly line of Prairie Avenue being 18 . 9 feet, more or less, South- westerly of the center line of said track of The New York Central Railroad Company measured along the said Westerly line of Prairie Avenue, said point also being 112 . 8 feet, more or less, Northeasterly of the inter- section of said Westerly line of Prairie Avenue with the Northerly line of said parcel of land conveyed to The Standard Oil Company by deed dated August 14th, 1893 , as aforesaid. ALL PARCELS: Located in St . Joseph County, Indiana . be designated as an Economic Revitalization Area under the pro- visions of Indiana Code 6-1 . 1-12 . 1-1, et seq. ; and WHEREAS, the Redevelopment Commission 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 seq. , and has further prepared maps and plats showing the boundaries and such other information as required by law of the area in question; 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 : SECTION I . That the Common Council hereby accepts the report and recommendation of the Human Resources and Economic Development Committee that the area herein described be desig- nated an Economic Revitalization Area and hereby adopts a reso- lution designating this area as an Economic Revitalization Area for purposes of personal property tax abatement . SECTION II . That this designation shall be limited to five (5) calendar years from the date of the adoption of this Resolution by the Common Council . SECTION III . That the Common Council directs the City Clerk to cause notice of the adoption of this resolution to be published, said publication providing notice of the public hearing before the Common Council on said declaration. -2-