HomeMy WebLinkAboutNo. 1412 approving an application for real property tax deduction (The Management consortium, Inc., 5820 W. F. Jay Nimtz Pkwy.)N
RESOLUTION NO. 1412
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 the South Bend Redevelopment Commission
for the benefit of The Management Consortium, Inc. for real property located at 5820 West
F. Jay Nimtz Parkway 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 5820 West F. Jay Nimtz Parkway 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 fmds that the application from the South Bend Redevelopment
Commission for the benefit of The Management Consortium, Inc. for ten years of real
property tax abatement consideration for property located at 5820 West F. Jay Nimtz
Parkway 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 the
South Bend Redevelopment Commission for the benefit of The Management Consortium,
Inc.
Approved this 19th day of January 1996, at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
ATTEST:
William P. Hojna ', Secretary
ML:Res1412
In
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
EXHIBIT A
Plat of Survey and Legal Descriptions
DESCRIP 17ON
LOT NO. 3
A part of the Southwest Quarter (SW714) of Section 20 and a part of the
Northwest Quarter (NWI 14) of Section 29, oll located in Township 38
North, Range 2 East, German Township, St Joseph County, Indiana, more
porticulady descrlbed as follows:
Commencing at the southwest comer of the Southwest Quarter (SW1 14) of
said Section 20, also being the northwest comer of the Northwest
Quarter (NW114) of said Section 29, - thence South 89' 27 09" East a
distance of 848.77 feet along the south line of the Southwest Quarter
(SW1 14) of Section 20, also being the north line of the Northwest Quarter
(NW1 14) of Section 29, thence South 00' 17 19" West 45.00 feet to a
point which is 45 feet south of the north line of the Northwest Quarter
(NW1 14) Section 29, said line also being the centerline of Old Cleveland
Rood, to the Point of Beginning of this description, thence South 63'
27' 49" West a distance of 315.00 feet; .thence North 38' 59' 52" West a
distance of .375.00 feet to the southeast right of way line of Nimtz
Parkway, also being the point of curvature of a nontangent curve to
the left having a radius of 790.00 feet, on internal angle of 31 ' 35'
05" and subtended by a long chord having a bearing of North 39' 56' 30"
East a chord length of 4.30.00 feet, thence northeasterly a distance of
435.49 feet along said southeast right of woy line of Nimtz Parkway,
also along said curve to the point of tangency of said curve; thence
South 57' 33' 26" East a distance of 288.39 feet, thence South 00' 17'
19" West a distance of ,325.68 feet to the Point of Beginning and
containing 4.46.3 acres, more or less. Said parcel of ground is subject
to all easements of record.
9 Pmposel Documents 21255194