Confirming Tax Abatement - 1302 High St. (Real Property)

Home Browse Search

RESOLUTION NO . ip,d - R3 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 1302 HIGH STREET, TO BE AN URBAN DEVELOPMENT AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT AND A DETERMINATION OF THE PUBLIC UTILITY AND BENEFIT OF THE PROJECT PROPOSED FOR TAX ABATEMENT CONSIDERATION WHEREAS, the Common Council of the Ciuty of South Bend has adopted a Declaratory Resolution designating certain areas within the City as Urban Development Areas for purposes of tax abatement consideration ; and WHEREAS, a Declaratory Resolution designating the area commonly known as 1302 High Street and more particularly described by a line drawn as follows : A lot or parcel of land in the North East Quarter of Section No . 13, in Township No . 37 North , Range No . 2 East , now within and a part of the City of South Bend , bounded by a line running as follows , viz : Beginning at a point 237 .85 feet East of the East line of High Street and 245 .85 feet South of the South line of Pensylvania Avenue in the City of South Bend , (which is the Southeast corner of a tract of land heretofore conveyed to the Industrial Canvas Products Corporation by a deed dated July 5 , 1944) ; thence East a distance of 155 feet , more or less , in line with the South line of said real estate heretofore conveyed to Industrial Canvas Products Corporation , to the West line of a public alley; thence North along the West line of said public alley to the South line of said Pennsylvania Avenue ; thence Northwesterly and Westerly along the South line of said Pensylvania Avenue to the point where it intersects the East line of said High Street ; thence South along the East line of said High Street a distance of 55 .85 feet ; thence East parallel with the South line of said Pennsylvania Avenue a distance of 237 . 85 feet ; thence South to the place of beginning; also the right to use for alley purposes , the alley way as presently existing on the North and on the East of the building presently situate on said realestate heretofore conveyed to Industrial Canvas Products Corporation ; also subject to the rights of the successors and assigns of the afore- said Industrial Canvas Products Company to use for alley purposes , all that part of the alley way aforesaid which is on the real estate above described . Also the West one-half(2) of a 14 foot vacated alley way extending North and South along the East boundary of the above described real estate subject to a grant of easement to the City of South Bend , Indiana, dated June 18, 1968 , and recorded January 2 , 1969, in Deed Record 709 pages 402-403 . is an Urban Development Area ; and