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HomeMy WebLinkAboutNo. 2076 approving an application for real property tax deduction (Dillingham Hill RE, LLC, 211-213 W. Washington St.)RESOLUTION NO. 2076 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 Six (6) years of real property tax abatement consideration from Dillingham Hill RE, LLC. for real property located at 211 -213 West Washington Street in the South Bend Central Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the South Bend Central Development Area by Resolution No. 737, adopted May 10, 1985, and in the same resolution declared the South Bend Central Development Area, Allocation Area No. 1A; and WHEREAS, the property located at 211 -213 West Washington Street is located within the South Bend Central Development Area, Allocation Area No. IA; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from Dillingham Hill RE, LLC. for Six (6) years of real property tax abatement consideration for property located at 211 -213 West Washington Street in the South Bend Central Development Area, Allocation Area No. 1A, 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 211- 213 West Washington Street. Approved this 6th day of August 2004 at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST: Philip J. F c da, Vice President ILI Matt Kahn, Secretary [4 Exhibit A The land and all improvements now or hereafter located thereon, located at the intersection of Washington Street and Main Street in the City of South Bend, County of St. Joseph, State of Indiana, being more particularly described as follows: PARCEL I: Lots Numbered Two Hundred Thirty-Nine (239) and Two Hundred Forty (240) as shown on the Original Plat of the Town, now City of South Bend, Indiana; Also, a parcel of land to the West of and adjacent to Lots 239 and 240 as shown on the Original Plat of the Town, now City of South Bend, Indiana, more particularly described as beginning at the Southwest corner of said Lot 240; thence North along the West line of said Lots to the Northwest corner of said Lot 239; thence West 14 feet; thence South to a point 14 feet West of the point of beginning; thence East 14 feet to the point of beginning. Together with the appurtenant rights and easements in Parcel II and Parcel III (hereinafter described) granted under the terms of a certain Easement granted by American National Bank and Trust Company of South Bend, now Valley American Bank and Trust Company, to Pak Joint Venture, dated November 3, 1970 and recorded November 6, 1970 in Deed Record 732, Pages 299 and 300, as corrected by a correcting affidavit recorded November 16, 1970 in Deed Record 732, Page 454 (as to Parcel II) and dated November 11, 1970 and recorded November 16, 1970 in Deed Record 732, Pages 455 and 456 (as to Parcel III), in the Office of the Recorder of St. Joseph County, Indiana, and granted, expanded and confirmed by Agreement Confirming Easement from V.B.T. Realty Corp., a Indiana Corporation, to the Main and Washington Joint Venture dated January 16, 1984 and recorded April 6n 1984 as Document Number 8406169 in the Office of the Recorder of St. Joseph County, Indiana, and further granted, expanded and confirmed by Second Confirmation of Easements between Valley American Bank and Trust Company and V.B.T. Realy Corp., dated April 6, 1984 and recorded April 6, 1984 as Document Number 8406170 in the Office of the Recorder of St. Joseph County, Indiana. EXCEPTING THEREFROM that portion of the easement described as Lot One (1) of the Valley American Bank Washington Street Minor Subdivision in the City of South Bend, dated October 10, 1998 and recorded November 20, 1998 as Instrument No. 9860383 in the Office of the Recorder of St. Joseph County, State of Indiana. Parcel II and Parcel III are located in the City of South Bend, County of St. Joseph, State of Indiana, and are more particularly described as follows: PARCEL II: Beginning at the Southeast corner of Lot Numbered Two Hundred Forty Three (243) as shown on the Original Plat of the Town, now City of South Bend, Indiana; thence North, on and along the East line of said Lot 243, 66 feet, more or less, to the South line of an alley that is 14 feet wide and is known as Columbia Court; thence East, on and along said South line of said alley, 15 feet to a point; thence South 66 feet, more or less, to a point on the North line o f Lot 239 in said Original Plat; thence West, on and along said North line of said Lot 239, 15 feet to the point of beginning. PARCEL III: Part of Lot Numbered Two Hundred Thirty -Eight (238) as shown on the original Plat of the Town, now City, of South Bend, Indiana, more particularly described as follows: Beginning at a point 1.0 feet East of the Southwest comer of said Lot 238; thence North parallel with the West line of said Lot 238, 12.80 feet; thence East parallel with the South line of said Lot 238, 7.80 feet; thence South parallel with said West line of said Lot 238, 7.47 feet; thence East parallel with the South line of said Lot 238, 21.63 feet; thence South parallel with the West line of (601, said Lot 238, 5.33 feet to a point on said South line of said Lot 238; thence West, on and along said South line of said Lot 238, 29.43 feet to the point of beginning. IL� PARCEL IV: Lot One (1) of the Valley American Bank Washington Street Minor Subdivision in the City of South Bend, dated October 19, 1998 and recorded November 20, 1998 as Instrument No. 9860383 in the Records of St. Joseph County, State of Indiana. c