HomeMy WebLinkAboutNo. 1878 approving an application for real property tax deduction (Appletree Associates - PEI Genesis, Inc.)G RESOLUTION NO. 1878
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 Appletree Associates (PEI Genesis, Inc.) for real property
located at 1915 N. Bendix 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
co Economic Development Allocation Area, Allocation Area No. 1; and
WHEREAS, the property located at 1915 N. Bendix 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 Appletree Associates (PEI Genesis, Inc.)
for six years of real property tax abatement consideration for property located at 1915 N. Bendix
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 Appletree
Associates (PEI Genesis, Inc.).
Approved this 28th day of March 2002 at the special meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
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APPLETREE ASSOCIATES/PEI GENESIS, INC.
PETITION FOR TAX ABATEMENT
LEGAL DESCRIPTION OF PROPERTY
A part of the Southeast Quarter (1/4) of the Northeast Quarter (1/4) of Section Thirty-Three (33),
Township Thirty -Eight (38) North, Range Two (2) East, Portage Township, City of South Bend,
St. Joseph County, Indiana, more particularly described as follows:
Beginning at a found Three- Quarter (3/4) inch iron pipe at the West right -of -way line of Bendix
Drive which is North 00 degrees 00 minutes 25 seconds East, 232.03 Feet (North 00 Degrees 07
Minutes 29 Seconds East, 232.38 Feet record) and North 89 degrees 44 minutes 04 seconds
West, 40.00 Feet (North 89 degrees 40 minutes 09 seconds West, 40.00 Feet record) from the
East Quarter (1/4) post of said Section Thirty-Three (33); thence North 89 degrees 44 minutes 04
seconds West (North 89 degrees 40 minutes 09 seconds West record) a distance of 661.80 feet
(661.97 feet record) to a found Three Quarter (3/4) inch iron pipe; thence North 00 degrees 00
minutes 25 seconds East (North 00 degrees 07 minutes 29 seconds East record) a distance of
290.69 feet (290.79 feet record) to a found three- quarter (3/4) inch iron pipe; thence North 89
degrees 52 minutes 20 seconds East (North 89 degrees 56 minutes 16 seconds East record) a
distance of 661.79 feet (661.94 feet record) to a found five - eighths (5/8) inch rebar at the West
right -of -way line of Bendix Drive; thence South 00 degrees 00 minutes 25 seconds West (South
00 degrees 07 minutes 02 seconds West record) along said right -of -way line a distance of 295.24
feet (295.33 feet record) to the point of beginning, containing 4.45 acres, more or less, subject to
all public highways and any easements of record, if any.
EXHIBIT "A" MAR