Loading...
HomeMy WebLinkAboutNo. 1995 approving an application for real property tax deduction (Rose Fuel & Materials, Inc., 533 S. Chapin St.)RESOLUTION NO. 1995 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 the South Bend Redevelopment Commission for the benefit o£ Rose Fuel & Materials, Inc. for real property located at 533 South Chapin Street in the Sample -Ewing Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Sample -Ewing Development Area by Resolution No. 1222, adopted February 4, 1994, and in the same resolution declared the Sample - Ewing Development Area, Allocation Area No. 8; and WHEREAS, the property located at 533 South Chapin Street is located within the Sample - Ewing Development Area, Allocation Area No. 8; 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: Rose Fuel & Materials, Inc. for six (6) years of real property tax abatement consideration for property located at 533 South Chapin Street in the Sample -Ewing Development Area, Allocation Area No. 8, 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 the South Bend Redevelopment Commission for the benefit of. Rose Fuel & Materials, Inc. Approved this 22nd day of August 2003 at the rescheduled regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION I � - 10�e� Robert W. Hunt, President ATTEST: '' Philip J. c e da, Secretary 0301361 RE: Legal Description for proposed Rose Fuel Site on Oliver Plow Court, south Bend, IN: That part of the southeast and southwest Quarters of section 11, 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 N. 00( -00'-36" w., 745.18 feet more or less and N. 89( - 48' -59" w., 4.37 feet more or less and N. 00( - 11' -01" E., 63.50 feet more or less from the southwest corner of the southeast Quarter of said section 11; thence N. 00( - 00' -36" w., 160.00 feet more or less; thence N. 89( - 59' -49" w., 298.90 feet more or less; thence N. 00( - 03' -37" E., 244.59 feet more or less; thence N. 40( - 34' -11" E., 61.77 feet more or less to the southerly line of proposed Oliver Plow Court; thence around a 60.00 foot radius curve to the left an arc distance of 103.60 feet more or less to the end of a chord which bears N. 81( - 06' -23" E. and having a distance of 91.20 feet more or less; thence around a 25.00 foot radius curve to the right an arc distance of 19.16 feet more or less to the end of a chord which bears N. 53( - 36' -03" E. and having a distance of 18.70 feet more or less; thence around a 312.00 foot radius curve to the left an arc distance of 43.49 feet more or less to the end of a chord which bears N. 71( - 33' -54" E. and having a distance of 43.45 feet more or less; thence N. 70(- 12' -21" E., 188.77 feet more or less; thence around a 138.00 foot radius curve to the right an arc distance of 247.68 feet more or less to the end of a chord which bears N. 80( - 06' -16" E. and aving a distance of 47.45 feet more or less; thence N. 89( - 59' -49" E., 67.22 feet ore or less; thence around a 138.00 foot radius curve to the right an arc distance of 32.01 feet more or less to the end of a chord which bears S. 83( - 21' -09" E. and having a distance of 31.94 feet more or less; thence S. 00( - 03' -37" w., 558.85 feet more or less; thence N. 89( - 59' -49" w., 210.59 feet more or less to the point of beginning. Containing 4.84 acres more or less. subject to all legal highways, easements and restrictions of record. Page 1