HomeMy WebLinkAboutNo. 1392 approving an application for personal property tax deduction (Garphyttan Wire North American Corporation, SW corner of Nimtz Pkwy. and Commerce Dr.)RESOLUTION NO. 1392
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6-1.1- 12.1 -20) provides that an application for personal 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 Garphyttan Wire North American Coporation for personal
property located at the Southwest corner of Nimtz Parkway and Commerce Drive 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 Area, Allocation Area No. 1; and
WHEREAS, the property located at The The Southwest corner of Nimtz Parkway and Commerce
Drive is located within the Airport Economic Development 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 Garphyttan Wire North American
Coporation, for five years of personal property tax abatement consideration for property located at the
Southwest comer of Nimtz Parkway and Commerce Drive in the Airport Economic Development Area,
Allocation Area No. 1, 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 Garphyttan Wire North
American Coporation
Approved this 17th day of November, 1995, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Philip J. Fa President
ATTEST:
Robert W. Hunt, Secretary
ML:res 1392
EXHIBIT A
Lots 16 and 17 of the H.G. Baus Centre Industrial Park which are a part of:
The Southwest Quarter (1/4) of Section 21, Township 38 North, Range 2 East, excepting
therefrom the following two tracts:
Tract 1: Commencing at the Northwest corner of the Southwest 1/4 of Section 21, Township
38 North, Range 2 East, thence in an Easterly direction along the North line of said Quarter
Section a distance of 650.41 feet to the point of beginning, thence continuing along the said
North line in an Easterly direction, on the arc of a circular curve to the right of 0° 58'28.1 ",
a distance of 983.65 feet to the East line of said Quarter Section; thence in a Southerly
direction along said East line a distance of 350.36 feet; thence in a Northwesterly direction
on the arc of a circular curve to the left of 01 ° 01'36.8" a distance of 2148.26 feet to the
point of beginning.
Tract 2: A part of the Southwest 1/4 of Section 21, Township 38 North, Range 2 East, St.
Joseph County, Indiana, described as follows: Beginning at the Northeast corner of said
Quarter Section; thence South 00° 52'00" East 424.89 feet along the East line of said
Quarter Section to the Northern Boundary of the Indiana East -West Toll Road; thence along
said Northern boundary northwesterly 989.03 feet along an arc to the left having a radius of
5,879.58 feet and subtended by a long chord having a bearing of North 650 33144" West and
a length of 987.87 feet to the North line of said Quarter Section; thence North 880 57'48"
East 893.08 feet along said North line to the point of beginning.
(Subject to fmal Area Plan Commission approval of final subdivision)