HomeMy WebLinkAboutNo. 1389 approving an application for personal property tax deduction (Precision Millwork & Plastics, Inc., 3601 McGill St.)RESOLUTION NO. 1389
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 (5)
years of personal property tax abatement consideration from Precision Millwork & Plastics,
Inc. for personal property located at 3601 McGill Street 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 McGill Street 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 Precision Millwork & Plastics,
Inc. for five (5) years of personal property tax abatement consideration for property located
at 3601 McGill Street in the Airport Economic Development Allocation 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
Precision Millwork & Plastics, Inc.
Approved this 17th day of November, 1995, at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
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MIZE, 1P 'eWi;m—sident
ATTEST:
Robert W. Hunt, Secretary
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LSG_AL DEScRIp,rIc�N
AIRPORT ItaTJUSTRIAL'PARK - PHASE IV
- - -- LOT _374- -. —
A part of the NE 1/4 of Section 28, Township 38 North, Range 2
East, City of South Bend, St. JosEp
as fol lows; h County, Indiana, Described
Commencing at the northeast corner of Section 28; thence South
89 °48'05" West along the north line of said quarter section a
distance of 1305.00 feet; thence South 0 °00'23" West along the
centerline of Kenmore Street a distance of 363.70 feet; thence
South 9 059'37" East along said centerline 8 distance of 486.87
feet to the centerline intersection of Kenmore Street with
McGill Street; thence South 80 °00123" West along the centerline
Of McGill Street a distance of 303.S0 feet; thence North 89 659'37"
West along said centerline a distance of 210.66 feet; thence
North 0 °00123" East a distance of 35.00 feet* to the north right - -
of -way boundary of said McGill Street and the oint of thence North 0 °00'23" East a distance of 366.65 feet; thencening;
North 89 048'06" East a distance 6f 260.00 feet; thence South
0 °00'23" West a distance of 361.04 feat 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
89 °48136" West and A length of 156.43 feet; thence North 89 659137"
West along said boundary a distance of 103.57 feet to the point
Of beginning and containing 2.172 egret, more or less.
Above described tract of land is encumbered by an easement
described as follows:
1• An easement for wastewater and Stormwater systems located
into, under, upon, over and across a strip of land 12.5 feet
in width with its north boundary being the north boundary of
the above described tract of lAnd.
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EXHIBIT "A"