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HomeMy WebLinkAboutNo. 2559 approving an application for real property tax deduction (2001 W. Washington St.)RESOLUTION NO. 2559 A RESOLUTION APPROVING AN APPLICATION FOR REAL 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 up to (5) five years of real property tax abatement consideration from Royal Holdings, Inc. d.b.a. Royal Adhesives for real property located at 2001 West Washington Street in the West Washington- Chapin Development Area, the development area location and legal description of which are attached hereto, marked Exhibit "A" and incorporated herein; and 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 Development Area Allocation Area (South Bend Allocation Area No. 7) and WHEREAS, the property located at 2001 West Washington Street is located within West Washington- Chapin Development Area Allocation Area; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Royal Holdings, Inc. d.b.a. Royal Adhesives for up to (5) five years of real property tax abatement consideration for property located at 2001 West Washington Street in the West Washington- Chapin Development Area Allocation Area 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 Royal Holdings, Inc. d.b.a. Royal Adhesives. Approved this 6th day of February, 2009, at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST David " A. Varner, Vice President Nancy N. King Secretary EXHIBIT A LEGAL DESCRIPTION DESCRIPTION: PARCELI: Lots Numbered Sixty -seven (67), Sixty -eight (68), Sixty -nine (69), Seventy (70), Seventy -one (71), Seventy -two (72), Seventy -three (73) Seventy -four (74), Seventy -five (75), Seventy -six (76) and Seventy -seven (77) as shown on the recorded Plat of Clement Studebaker's Oak Grove Subdivision in the City of South Bend, recorded in Plat Book 7, page 4 in the Office of the Recorder of St. Joseph County, Indiana. PARCEL II: Lots Numbered One (1), Two (2), Three (3), Four (4) and Five (5) as shown on the recorded Plat of Hosinski's Subdivision of Lot Numbered 43 in College Grove Addition to the City of South Bend, recorded April 6, 1920 in Plat Book 10, page 103 in the Office of the Recorder of St. Joseph County, Indiana. PARCEL III: Lots Numbered Twenty -eight (28), Twenty -nine (28), Thirty (30), Thirty -one (31), Thirty-two (32), Thirty -three (33), inclusive and Lots Numbered Forty -four (44), Forty-five (45), Forty-six (46), Forty -seven (47) and Forty-eight (48) as shown on the recorded Plat of College Grove and Addition to the Town, now City of South Bend and Lot "A" as shown on the recorded Plat of Clement Studebaker's Oak Grove Subdivision in the City of South Bend, recorded in Plat Book 7, page 4 in the Office of the Recorder of St. Joseph County, Indiana. PARCEL IV: The vacated Grant, Johnson and Brookfield Streets running from the North line of Washington Avenue and the South line of Orange Street; also the vacated Colfax Avenue running from the West line of Jackson Street to the West line of Lot 48 in College Grove Addition extended North; also the vacated alley lying West and adjacent to Lots 1, 2, 3 and 5 Hosinski's Subdivision. PARCEL V: An easement for ingress and egress in, upon and over the following described real estate: Beginning at a point 4 -1/2 feet West of the Northeast corner of Lot Thirty (30) in College Grove Addition; thence North on a line parallel to the East line of Lot 30 a distance of 10.00 feet; thence East on a line parallel with the North lines of Lots 29 and 30 a distance of 105.00 feet; thence South on a line parallel to the West lot line of Lot 29 a distance of 10.00 feet to a point on the North line of Lot 29, said point being 37.00 feet East of the Northwest corner of Lot 29; thence West on and along the North line of Lot 29, extended across vacated Johnson Street, and the North line of Lot 30, a distance of 105.00 feet to the point of beginning. TAX IDENTIFICATION NUMBER: 18- 2003 -0032 STREET ADDRESS: 2001 W. Washington Street South Bend, Indiana 46628