HomeMy WebLinkAboutNo. 1380 approving an application for real property tax deduction (Western Avenue Partners, LLC, 401 S. Michigan St.)RESOLUTION NO. 1380
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 six years of
real property tax abatement consideration from the South Bend Redevelopment Commission
for the benefit of Western Avenue Partners, L.L.C. for real property located at 401 S.
Michigan Street in the Sample -Ewing Development Area, the legal description of which is
attached hereto, marked Exhibit "A" and incorporated herein; and
WHEREAS, this Commission declared the Sample -Ewing Development Area by
Resolution No. 1222, adopted February 4, 1994, and in the same resolution declared the
Sample -Ewing Development Area, Allocation Area No. 8; and
WHEREAS, the property located at 401 S. Michigan Street is located within the
Sample -Ewing Development Area, Allocation Area No. 8;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
1) The Commission finds that the application from the South Bend Redevelopment
Commission for the benefit of Western Avenue Partners, L.L.C. for six years of real property
tax abatement consideration for property located at 401 S. Michigan Street in the Sample -
Ewing Development Area, Allocation Area No. 8, 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 Western Avenue Partners, L.L.C.
Approved this 20th day of October, 1995, at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Robert
ML:Res1380
ri
EXHIBIT A
A parcel of land being a part of the Southwest Quarter of Section Twelve 0 2),
Township Thirty -seven (37) North, Range Two (2) East, also known as part of Lots
Numbered Thirteen (13), Fourteen (14), Fifteen (15) and part of Lot Sixteen (16) and
the adjacent vacated 14 foot alley in Martin's Addition all in the City of South Bend,
Indiana and more particularly described as: Beginning at the Northeast corner of said
Lot 13; thence North 89 °- 45' -35" West along the South right -of -way line of Western
Avenue, a measured distance of 165.05 feet; thence South 0 °- 00' -00" East along the
West line of said lots 13, 14, 15 and 16, a measured distance of 251.77 feet; thence
South 890- 52' -37" East, a distance of 165.05 feet to the West right -of -way line of
Michigan Street; thence North 00- 00' -00" East (bearing assumed) along said West
right -of -way line, also being the East line of said Lots 13, 14, 15 and 16, a distance
of 251.48 feet to the place of beginning.