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HomeMy WebLinkAboutNo. 2239 approving an application for personal property tax deduction (Mack Tool & Engineering, 2820 Viridian Dr.)r RESOLUTION NO. 2239 0 A RESOLUTION APPROVING AN APPLICATION FOR PERSONAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6 -1.1- 12.1 -2(1) provides that an application for property tax deduction may not be approved when the property is located in an allocation area as defined in I.C. 36- 7- 14 -39, unless the Redevelopment Commission which designated that allocation area adopts a resolution approving that application; and WHEREAS, the South Bend Common Council has received a petition for five (5) years of personal property tax abatement consideration from Mack Tool & Engineering, Inc. for personal property located at 2820 Viridian Drive in the Airport Economic Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Airport Economic Development Area by Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the Airport Economic Development Allocation Area, Allocation Area No. 1; and WHEREAS, the property located at 2820 Viridian Drive is located within the Airport Economic Development Allocation Area, Allocation Area No. 1. NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Mack Tool & Engineering, Inc. for five (5) years of personal property tax abatement consideration for properties located at 2820 Viridian Drive in the Airport Economic Development Allocation Area, Allocation Area No. 1, should be and is hereby approved. 2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate the Commission's approval of the petition for personal property tax abatement for Mack Tool & Eingineering, Inc. Approved this 21 st day of April 2006 at the regularly scheduled meeting of the South Bend Redevelopment Commission. ATTEST: Orgg6fy Downes, etary r� �J SOUTH BEND REDEVELOPMENT COMMISSION Kar Mack Tool, & dos 'fi; Eti,!-oaneerin 2820 Viridian Drive* South Bend * IN 46628 * (574) 233 -8424 * Fax (574) 233 -1849 LEGAL DESCRIPTION: AIRPORT INDUSTRIAL PARK — LOT 5 — 3A1 APART OF THE SOUTHEAST QUARTER OF SECTION 28, TOWNSHIP 38 NORTH, RANGE 21EAST,e OF THE SECOND PRINCIPAL MERIDIAN, CITY OF SOUTH BEND, ST. JOSEPH COUNTY' INDIAi,4A, and described as follows: s 0 �1 t` COMMENCI 'xA NG AT THE NORTHEAST CORN_ ER OF THE SOUTHEAST QUARTER OF SAID SECTION 3�Ex 28, SAID POINT BEING AT THE INTERSECTION OF BENDIX AND BLAND DRIVES: THENCE SOUTH 890 58'56" WEST (BEARING ASSUME) ALONG THE SOUTHERLY`12IGITT -OF -WAY LINE OF BOLAND DRIVE 1242.51 FEET TO THE POINT OF BEGINNING, THENCE" SOUTH 00'21'33" WEST, 293.00 FEET; THENCE SOUTH 89° 58'56" WEST, 260.00 FEET; THENCE NORTH 00 °21'33" EAST, 293.00 FEET; THENCE NORTH 89'58'56" EAST, 26.0. '661 '4 TO °THE POINT OF BEGINNING AND CONTAINING 1.75 ACRES, MORE OR LESS, AND IS SUBJECT. TO ALL EASEMENTS, RESTRICTIONS, AND OR COVENANTS OF RECORD.' l� J