HomeMy WebLinkAboutNo. 2176 approving an application for real property tax deduction (Manufacturing Technology, Inc., 1702 W. Washington St.)RESOLUTION NO. 2176
A RESOLUTION APPROVING AN APPLICATION FOR
0 REAL PROPERTY TAX DEDUCTION
E
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 six (6) years of
real property tax abatement consideration from Manufacturing Technology, Inc. for real property
located at 1702 West Washington Street in the West Washington-Chapin Development Area, the
legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; I
WHEREAS, this Commission declared the West Washington-Chapin Development Area
by Resolution No. 818, adopted October 23, 1987, and in the same resolution declared the West
Washington-Chapin Allocation Area (South Bend Allocation Area No. 7) and
WHEREAS, the property located at 1702 West Washington Street is located within the
West Washington-Chapin Allocation Area (South Bend Allocation Area No. 7);
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
1) The Commission finds that the application from Manufacturing Technology, Inc. for
six (6) years of real property tax abatement consideration for property located at 1702 West
Washington Street in the West Washington-Chapin Allocation Area (South Bend Allocation
Area No. 7) 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 real property tax abatement for
Manufacturing Technology, Inc.
Approved this Vt day of July 2005 at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST: Marcia I. Jones, P den
0 EXHIBIT A
LEGAL DESCRIPTION OF PROPOSED ECONOMIC REVITALIZATION AREA
The property which is commonly known as 1702 West Washington Street, South
Bend, Indiana, and which is more particularly described as follows:
PARCEL 1: A lot or parcel of Land in the City of South Bend, located in the East Half
of the Northeast Quarter of Section Number Ten (10), Township Number Thirty-seven
(37) North, Range Number Two (2) East, bounded by a line running as follows, viz:
Beginning at a point in the South Line of West Washington Avenue 7.58 feet West from
a point where the West line of College Street extended South would intersect the South
line of said West Washington Avenue thence South 208 feet- thence West 395.87 feet;
thence North 208 feet to the South Line of Washington Avenue, thence East along the
South line of Washington Avenue a distance of 395.87 feet to the place of beginning.
PARCEL 2: Also, beginning at a point in the South line of West Washington Avenue
7.58 feet West from a point where the West line of College Street extended South would
intersect the South line of Washington Avenue and being at the Northeast corner of the
above described tract; thence South along the East line of the above described tract
293.6 feet to an iron stake; thence East 19.69 feet, more or less, to the Southwest
corner of a tract of land conveyed to the South Bend Wholesale Drug Company by deed
hence Ln North 293.6 feet, more or less, to a
recorded in Deed Record 333 page 336; th
point in the South line of West Washington Avenue 20 fee East of the place of
beginning; thence West 20 feet to the place of beginning, subject, however, to a
perpetual easement of right of way in common with the Grantees at all times and for all
purposes over the following real estate for the use and benefit of the South Bend Drug
Co., Inc.: A part of the East Half (1/2) of the Northeast Quarter (1/4) of Section Ten (10),
Township Thirty-seven (37) North, Range Two (2) East, described as follows:
Beginning at a point on the South line of Washington Avenue which is 389.87 feet West
of a point which is 7.58 feet West from the West line of College Street extended South
to the South line of Washington Avenue; thence due South 133.5 feet; thence Easaterly
321.3 feet to a point 130.3 feet due South from the South line of Washington Avenue;
thence in a Southeasterly direction 102 feet to an iron stake, which iron state is 208 feet
due South from Washington Avenue; thence North 46.2 feet; thence in a Northwesterly
direction 80.3 feet to a point 100.3 feet due South from the South line of Washington
Avenue; thence Westerly 305.6 feet to a point due South 103.5 feet from the South line
of Washington Avenue, thence North 103.5 feet to a point on the South line of
Washington Avenue which is 30 feet East of the place of beginning, thence West 30
feet to the place of beginning;
and which has Key Numbers 18-2001-0002 and 18-2001-0005.
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