Confirming Tax Abatement - Gibbs Wire 1710 N. Sheridan Ave. (5 Year

Home Browse Search

RESOLUTION NO. 11 3r- 8"Y A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 1710 NORTH SHERIDAN AVE. , SOUTH BEND, IN. 46628 TO BE AN ECONOMIC REVIT- ALIZATION AREA FOR PURPOSES OF 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 for the purpose fo tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 1710 North Sheridan Ave. , South Bend, In. 46628 and more particularly described by a line drawn as follows: A parcel of land being a part of the Northwest Quarter of the Southeast Quarter of Section 33, Township 38 North, Range 2 East, and a part of the City of South Bend, St. Joseph County, Indiana being more particularly described as follows, viz ; Commencing at the Northwest Corner of the Southeast .Quarter of said Section 33; thence South 89°-01' -14" West along the west line of said Southeast Quarter of Section 33, a distance of 889. 84 feet; thence South 89°- 40 ' -09" East, along the South right-of-way line of Voorde Drive and its projection, a distance of 254 feet to the place of beginning for this de- scription: thence continuing South 89°-40 '-09" East, along said South right-of-way, a distance of 213.47 feet; thence South 0 °-19 '-51" West, a distance of 407.56 feet to the North right-of-wayy line of Keller Street; thence North 89°-58 '-08" West, along said North right-of-way line, a distance of 213.47 feet; thence North 0°19 ' 51" East, along the East line of a parcel of land conveyed to Gibbs Wire and Steel Company, Inc. by Warranty Deed recorded in Book 815,Page 594 in the Office of the Recorder of St. Joseph County, Indiana, a distance of 408 .68 feet to the place of beginning containing 2. 00 acres, more or less Subject to any easements, covenants or restrictions of record. as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Re- solution 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 held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has 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 . That the Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Ec- omic. Revitalization Area for the purposes of tax abatement. Such designation is for real property tax abatement only and is limited to five (5) calendar years from the date of adoption of the Declaratory Resolution by the Common Council. SECTION II . This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. FILED DD CLERK'S OFFICE PRESENTED y 07y-8'y APR 1 8 1984 ^ Siaj NOT APPROVED ADOPTED 5, 47,-1 Irene Gammon MEMB OF THE COMMON COUNCIL CITY CURB,SDUTN BEND,IND.