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HomeMy WebLinkAboutNo. 1788 approving an application for real property tax deduction (GWSB Properties, LLC, 5795 Brick Rd.)RESOLUTION NO. 1788 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 ten years of real property tax abatement consideration from GWSB Properties, LLC for real property located at 5795 Brick 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 5795 Brick Road 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 GWSB Properties, LLC for ten years of real property tax abatement consideration for property located at 5795 Brick Road 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 GWSB Properties, LLC. Approved this 04t' day of August 2000 at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Robert W. Hunt, President ATTEST: Philip J. Fac n Secretary dp:Resl788 A parcel of land being a part of the Southwest Quarter of Section 17, Township 38 North, Range 2 East, in German Township, St. Joseph County, Indiana, and being more particularly described as follows: Commencing at the Southwest corner of said Section 17; thence North 0 004'03" East (all bearings in this description are based on the East line of the Southwest Qua rter of said Section 17, said line having an assumed bearing of North 0 00'00" East), along the West line of said Southwest Quarter a distance of 200.00 feet to the point of beginning; thence continuing North 0 004103" East along said West line a distance of 2468.50 feet to the Northwest corner of said Southwest Quarter; thence South 89 031'43" East along the North line of said Southwest Quarter a distance of 1303.80 feet to the Noortheast corner of the West Half of said Southwest Quarter; thence South 0 03'49" West along the East line of the West Half of said Southwest Quarter a distance of 2465.70 feet to a point which is North 0 003'49" East a distance of 200.00 feet from the Southeast corner of the West Half of said Southwest Quarter; thence North 89 039'06" West, parallel with the South line of said Southwest Quarter, a distance of 400.00 feet; thence South 0 °03'49" West, parallel with the East line of the West Half of said Southwest Quarter, a distance of 200.00 feet to the South line of said Southwest Quarter; thence North 89 °39'06" West, along said South line a distance of 375.75 feet; thence North 0 022'38' East, a distance of 205.00 feet; thence North 89 039106" West, parallel with said South line, a distance of 138.00 feet; thence South 0 022138' West a distance of 205.00 feet to said South line; thence North 89 °39'06" West along said South line a distance of 60.00 feet; thence North 0 °22'38" East a distance of 200.00 feet; thence North 89 °39'06" West, parallel with said South line, a distance of 330.00 feet by deed (331.30 feet measured distance) to the point of beginning. �i;