HomeMy WebLinkAboutNo. 1885 approving an application for real property tax deduction (AJW South Bend Realty Corp.)RESOLUTION NO. 1885
A RESOLUTION APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6- 1.1- 12.1 -2(l) 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 ten years of real
property tax abatement consideration from the South Bend Redevelopment Commission for the benefit
of the AJW South Bend Realty Corp., for real property located at 1902 W Sample Street in the Sample
Ewing Economic Development Area, the legal description of which is attached hereto, marked Exhibit
"A" and incorporated herein; and
WHEREAS, this Commission declared the Sample Ewing Economic Development Area by
Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the Sample Ewing
Economic Development Allocation Area, Allocation Area No. 1; and
WHEREAS, the property located at 1902 Sample Street is located within the Sample Ewing
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 the South Bend Redevelopment Commission
for the benefit of the AJW South Bend Realty Corp., for ten years of real property tax abatement
consideration for property located at 1902 W. Sample Street in the Sample Ewing 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 the South Bend
Redevelopment Commission for the benefit of the AJW South Bend Realty Corp.
Approved this 15th day of April 2002 at the special meeting of the South Bend Redevelopment
Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
Philip cenda, Secretary
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BOUNDARY LEGAL DESCRIPTION FOR PROPOSED LOT # 1
OF SAMPLE -OLIVE INDUSTRIAL MINOR SUBDIVISION
THAT PART OF THE NORTHEAST QUARTER OF SECTION 15, TOWNSHIP 37
NORTH, RANGE 2 EAST, PORTAGE TOWNSHIP, CITY OF SOUTH BEND, ST.
JOSEPH COUNTY, INDIANA WHICH IS DESCRIBED AS: BEGINNING AT A
POINT WHICH IS S. 000 - 05' -51" E. (ALL BEARINGS ASSUMED),
50.00 FT. MORE OR LESS AND S. 890 - 52' -12" E., 1076.95 FT.
MORE OR LESS FROM THE NORTH QUARTER POST OF SAID SECTION 15;
THENCE CONTINIUNG S. 000 -05'-51" E., 395.00 FT. MORE OR LESS;
THENCE S. 890 - 56' -51" W., 492.00 FT. MORE OR LESS; THENCE N.
510 - 31' -38" W., 141.28 FT. MORE OR LESS TO THE PROPOSED
SOUTHERLY LINE OF SAMPLE STREET; THENCE ALONG SAID PROPOSED
LINE, S. 370 - 45' -40" W., 697.66 FT. MORE OR LESS TO THE
PROPOSED EASTERLY LINE OF OLIVE STREET; THENCE ALONG SAID EAST
LINE, S. 000 - 08' -02" W., 1106.17 FT. MORE OR LESS; THENCE N.
89 - 54' -19" E., 557.45 FT. MORE OR LESS; THENCE N. 790 -32'-
32" E., 592.72 FT. MORE OR LESS; THENCE N. 000 - 07' -40" W.,
370.29 FT. MORE OR LESS; THENCE N. 890 -541-19" E., 922.75 FT.
MORE OR LESS; THENCE N. 000 - 01' -16" W., 1482.61 FT. MORE OR
LESS TO THE PROPOSED SOUTH LINE OF SAMPLE STREET; THENCE N.
890 -52'-12" W. ALONG SAID PROPOSED SOUTH LINE, 1029.96 TO THE
POINT OF BEGINNING.
CONTAINING 70.95 ACRES MORE OR LESS.
SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS AND RESTRICTIONS OF
RECORD.