HomeMy WebLinkAboutNo. 1637 approving an application for real property tax deduction (The Ultimate Connection, Inc., 119 N. Michigan St.)RESOLUTION NO. 1637
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 Ultimate Connection, Inc. for real property
located at 119 N. Michigan 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. 1 A; and
WHEREAS, the property located at 119 N. Michigan 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 The Ultimate Connection, Inc. for six
years of real property tax abatement consideration for property located at 119 N. Michigan Street
in the South Bend Central Development Area, Allocation Area No. 1 A, 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
Ultimate Connection, Inc.
Approved this 4th day of September 1998 at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
ATTEST:
Euge a S. Schwartz, Secretary
vb:Res 1637
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
N
Exhibit A
A parcel of land being a part of a parcel of land 11 feet in width, North and South,
taken off of and from the entire length of the South side of Lot numbered fourteen (14)
and all of l.ot numbered Fifteen (15), excepting therefrom a lot or parcel of land 4 1/2
feet in width, North and South, taken off ofand from the entire length of the South side
thereof, for the widening of Center Street, all as shown on the Original plat to the Town,
now City of South Bend, Portage Township, St. Joseph County, Indiana and being more
particularly described as follows:
Beginning at a point on the Fast line of said Lot 15, a distance of 4.50 feet North
00 °05' 14" Fast of the Southeast corner ofsaid Lot 15, said beginning point king on the
South line of Center Street as widened; thence North 89 °47'07" West, along the North
right -of -way line of said widened Center Street, a measured distance of 165.56 feet to the
West line of said Lot 15; thence North 00 °02'37" Fast, along said West line, a distance
ol'36.13 lout to the centerline of a wall; thence South 89 °46'52" East, along said
cenierline, a distance; of 165.59 feet to a Point on said last line of Lot 15; thence South
00 °05' t 4" West, along said West line, a distance ol'36.10 feet to the place of beginning.
Subject to any easements, covenants or restrictions of record and subject also to
any casements, covenants or restrictions associated with it common or party wall line on
the North side of the hereinabove described parcel of land,