HomeMy WebLinkAboutNo. 1991 approving an application for personal property tax deduction (Federal-Mogul Powertrain, Inc., 3605 W. Cleveland Rd.) (AEDA)RESOLUTION NO. 1991
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL 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 five years of personal
property tax abatement consideration from Federal -Mogul Powertrain, Inc. for personal property located at
3605 West Cleveland Road 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 3605 West Cleveland Road is located within the Airport
Economic Development Allocation Area, Allocation Area No. 1.
follows:
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as
IL1) The Commission finds that the application from Federal -Mogul Powertrain, Inc. for five years
of personal property Y tax abatement consideration for property y located at 3605 West Cleveland 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 personal property tax abatement for Federal -Mogul Powertrain,
Inc.
Approved this 1' day of August 2003 at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
ATTEST:
14
ecretary
'I I_ .
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
FEDERAL -MOGUL POWERTRAIN, INC.
-LEGAL DESCRIPTION OF REAL PROPERTY
EXHIBIT A
A tract of land in part of the East half of Section 21, Township
38 North, Range 2 East, 2nd P.M. St. Joseph County, Indiana, and
more particularly described as follows:
Beginning at a point on the East -West Half section line of said
East Half North 88 degrees 53 minutes 36 seconds East 915.58 feet
from the center . of said Section 21; thence North 0 degrees 56'
minutes 57 seconds West 338.80 feet; thence North 88 degrees 53
minutes 36 seconds East', parallel with the East -West half section
line of said Section, 800.00 feet; thence South 0 degrees 56
minutes 57 seconds East 1726.13 feet; thence northwesterly 550.14
feet along an-erc to the right having a radius of 4463.66 feet
and subtended by a long chord having a bearing of North 54
degrees 36 minutes 59 seconds Rest and a distance of 549.80 feet;
thence North 51 degrees 05 minutes 08 seconds West 465.22 feet;
thence North 0 degrees 56 minutes 57 seconds West 761.20 feet to
the East -West half section line of said East half the point of
beginning, and conta;a ng 26.203 acres, more or less.
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