HomeMy WebLinkAboutNo. 1824 approving an application for real property tax deduction (Koontz-Wagner Electric Co., Inc. 3801 Voorde)RESOLUTION NO. 1824
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 six years of real
property tax abatement consideration from Koontz - Wagner Electric Company, Inc. for real property
located at 3801 Voorde 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 3801 Voorde 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 Koontz- Wagner Electric Company, Inc.
for three years of real property tax abatement consideration for property located at 3801 Voorde
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 real property tax abatement for Koontz -
Wagner Electric Company, Inc.
Approved this 16th day of March, 2001 at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
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Exhibit A
LEGAL DESCRIPTION OF PROPERTY
A portion of the Southeast Quarter of Section Thirty -three (33), Township Thirty -eight
(38) North, Range Two (2) East, in and part of the City of South Bend, St. Joseph
County, Indiana, more particularly described as follows:
Commencing at a brass plug at the center of Section Thirty -three (33), Township Thirty-
eight (38) North, Range Two (2) East; thence South Zero Degrees One Minute, Fourteen
Seconds West (S 0 001'14 "W) a distance of One Hundred Four and Eight -two
Hundredths (104.82) feet; thence South Eight -nine Degrees, Forty Minutes, Nine
Seconds East (S 89 040'09 "E) a distance of Forty (40) feet to an iron on the East line of
Sheridan Avenue, said point being the point of beginning; thence South Zero Degrees,
One Minute, Fourteen Seconds West (S 0001'14"W) on and along the East line of
Sheridan Avenue a distance of Seven Hundred Nine and Seventy-eight Hundredths
(709.78) feet to the intersection of the East line of Sheridan Avenue and the North line of
Voorde Drive; thence South Eighty-nine Degrees, Forty Minutes, Nine Seconds East
(S 89 040'09 "E) on and along the said North line of Voorde Drive a distance of Six
Hundred Ninety-seven and Twenty Hundredths (697.20) feet; thence North Zero
Degrees, Eighteen Minutes, Fifty -one Seconds East (N 0 018'51 "E) a distance of Four
Hundred Fifty -five and No Hundredths (455.00) feet; thence South Eighty -nine Degrees,
Forty Minutes, Nine Seconds East (S 89 040'09 "E) a distance of One Hundred Twenty-
seven and Twenty -one Hundredths (127.21) feet; thence North Zero Degrees, Eighteen
Minutes, Fifty -one Seconds East (N 0 °18'51 "E) a distance of Two Hundred Fifty -four and
Fifty -seven Hundredths (245.57) feet; thence North Eighty-nine Degrees, Forty Minutes,
Nine Seconds West (N 89 140'09 "W) a distance of Eight Hundred Twenty-eight and
Thirty-eight Hundredths (828.38) feet to the place of beginning.