HomeMy WebLinkAboutNo. 1641 approving an application for personal property tax deduction (Federal Mogul South Bend, Inc., 3605 W. Cleveland Rd.)0
RESOLUTION NO. 1641
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 South Bend, 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.
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
as follows:
1) The Commission finds that the application from Federal -Mogul South Bend, Inc. for five
years of personal property tax abatement consideration for property located at 3605 West Cleveland
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 personal property tax abatement for Federal -
Mogul South Bend, Inc.
Approved this 2nd day of October 1998 at the regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert W. Hunt, President
ATTEST:
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FEDERAL -MOGUL SOUTH BEND, INC.
LEGAL DESCRIPTION
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 arc 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 West 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
containing 26.203 acres, more or less.