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HomeMy WebLinkAboutNo. 1704 approving an application for personal property tax deduction (JRS Enterprises, LLC, 3601 W. McGill)RESOLUTION NO. 1704 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 JRS Enterprises, LLC for personal property located at 3601 West McGill 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 IL WHEREAS, the property located at 3601 West McGill 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 JRS Enterprises, LLC for five years of personal property tax abatement consideration for property located at 3601 West McGill 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 JRS Enterprises, LLC. Approved this 16th day of July 1999 at the regular meeting of the South Bend Redevelopment Commission. ATTEST: vb:Resl704 C7 SOUTH BEND REDEVELOPMENT COMMISSION Robert W. Hunt, President CITY OF SOUTH BEND PETITION FOR TANGIBLE PERSONAL PROPERTY TAX ABATEMENT CONSIDERATION JRS ENTERPRISES, LLC EXHIBIT "A ": LEGAL DESCRIPTION A part of the Northeast Quarter of Section 28, Township 38 North, Range 2 East, City of South Bend, St. Joseph County, Indiana, described as follows: Commencing at the Northeast corner of Section 28; thence South 89 048105" West along the North line of said Quarter Section a distance of 1305.00 feet; thence South 0 000123" West along the centerline of Kenmore Street a distance of 363.70 feet; thence South 9 059137" East along said centerline a rw distance of 486.87 feet to the centerline intersection of Kenmore Street with McGill Street; thence South 80 000123" West along the centerline of McGill Street a distance of 303.50 feet; thence North 89 059137" West along said centerline a distance of 270.66 feet; thence North 0 000123" East a distance of 35.00 feet to the North right of way boundary of said McGill Street and the point of beginning; thence North 0 000123" East a distance of 366.65 feet; thence North 89 048106" East a distance of 260.00 feet; thence South 0 000123" West a distance of 361.04 feet to the North boundary of said McGill Street; thence Southwesterly along said boundary 156.61 feet along an arc to the right having a radius of 1874.86 feet and subtended by a long chord having a bearing of South 80 048136" West and a length of 156.43 feet; thence North 89 059137" West along said boundary a distance of 103.57 feet to the point of beginning, later to be known as Lot One (1) McGill Street First Minor Subdivision (more commonly known as 3601 West McGill, South Bend, Indiana, 46628) .