HomeMy WebLinkAboutNo. 1684 approving an application for personal property tax deduction (Journeyman Tool & Mold, Inc., 3601 Gagnon)RESOLUTION NO. 1684
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL 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 five years of
personal property tax abatement consideration from Journeyman Tool & Mold, Inc. for personal
property located at 3601 Gagnon 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 3601 Gagnon 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 Journeyman Tool & Mold, Inc. for five
years of personal property tax abatement consideration for property located at 3601 Gagnon 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
Journeyman Tool & Mold, Inc.
Approved this 21 st day of May 1999 at the regular meeting of the South Bend
Redevelopment Commission.
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ATTEST:
vb: Res 1684
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SOUTH BEND REDEVELOPMENT COMMISSION
Exhibit A
LEGAL DESCRIPTION
THAT PART OF THE NORTHEAST QUARTER OF SECTION 28, TOWNSHIP 38 NORTH,
RANGE 2 EAST, GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY,
INDIANA WHICH IS DESCRIBED AS: BEGINNING AT A 5/8" CAPPED REBAR SET ON
THE NORTH LINE OF GAGNON STREET WHICH IS N. 000- 00' -37" E., (N. 00 °- 00' -23" E.,
RECORD) 35.00 FT. FROM A POINT ON THE CENTERLINE OF GAGNON STREET
WHICH IS S. 890- 58' -39" W. (N. 890- 59' -37" W., RECORD), 370.00 FT. FROM A POINT AT
THE INTERSECTION OF THE CENTERLINE OF GAGNON STREET WITH THE
CENTERLINE OF KENMORE STREET WHICH IS N. 000- 00' -38" E., (N. 00 °- 00' -23" E.,
RECORD) 966.00 FT. FROM A POINT ON THE SOUTH LINE OF THE NORTHEAST
QUARTER OF SAID SECTION WHICH IS S. 890- 58' -56" W., (RECORD AND ASSUMED
BEARING), 1150.08 FT. (1150.09 FT., RECORD) FROM AN IRON PIPE FOUND IN A
MONUMENT BOX MARKING THE SOUTHEAST CORNER OF THE NORTHEAST
QUARTER OF SAID SECTION; THENCE ALONG THE NORTH LINE OF GAGNON
STREET S. 890- 58' -39" W., (N. 89°- 59 -37" W., RECORD) 150.01 FT. TO A SET 5/8"
CAPPED REBAR; THENCE N. 000- 00' -43" E., (N. 000- 00' -23" E., 363.45 FT. (363.60 FT.,
RECORD) TO A SET 5/8" CAPPED REBAR; THENCE NORTH 89 °- 58' -40" E., 150.00 FT.
(S. 89 °- 59' -37" E., RECORD) TO A SET 5/8" CAPPED REBAR; THENCE S. 00 °- 00' -37" W.,
363.45 FT. (S. 00°- 00' -17" W., 363.60 FT., RECORD) TO THE POINT OF BEGINNING.
CONTAINING 1.25 ACRES AND COMPRISED OF ONE (1) LOT.
SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS AND RESTRICTIONS OF
RECORD.
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