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HomeMy WebLinkAboutNo. 1371 approving an application for personal property tax deduction (Keener Printing & Lithography, Inc., 411 W. Indiana Ave.)RESOLUTION NO. 1371 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 Keener Printing & Lithography, Inc. for personal property located at 411 W. Indiana Avenue 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 411 W. Indiana Avenue 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 Keener Printing & Lithography, Inc. for five years of personal property tax abatement consideration for property located at 411 W. Indiana Avenue 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 personal property tax abatement for Keener Printing & Lithography, Inc. Approved this 15th day of September 1995, at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION _ sident ATTEST: z � Robert W. Hunt, Secretary ML:Res1371 C1 PARCEL I: Lot Numbered Two (2) as shown on the recorded Plat of Stull's Fourth Addition to the City of South Bend, in St. Joseph County, Indiana, together with the 14 foot vacated alley lying West of and'.adjacent to said lot all subject to a Deed of Dedication from Frank J. Foote and Herbert J. Bowman, partners doing business under the firm name and style of J..D. Martin Machine Company, dated. October 6, 1941 and recorded December 22, 1941 in Deed Record 341, page 547 et seq. in the Office of the Recorder of St. Joseph County, Indiana, which conveyed and dedicated to the City of South Bend,-St. Joseph County, Indiana the use for public alley purposes: A triangular piece .of land described as follows, to -wit: Starting at the Northeast corner of Lot No. 4 in Stull's Fourth Addition to the City of South Bend; thence due East 14 feet to the east line of a present public alley, thence South along the east line of said alley a distance of 17 feet; thence Northwesterly 25 -1/2 feet to the point of beginning. Also a strip of land 14 feet wide taken off of the entire east side of Lot No. 2 in Stull's Fourth Addition to the City of South Bend. Also a strip of land 14 feet wide taken off of the entire North end of said Lot No. 2 in Stull's Fourth Addition to the City of South Bend, the width of which parcel is measured perpendicular to the south right of way line of the Pennsylvania Railroad Company property. PARCEL II: Lot Numbered Four Stull's Fourth Addition to the County, Indiana. (4) as shown on the recorded Plat of City of South Bend, in St. Joseph PARCEL III: Lot Numbered Five (5) as shown on the recorded Plat of Stull's Fourth Addition to the City of South Bend, in St. Joseph County, Indiana. PARCEL IV: Lot Numbered Six (6) as shown on the recorded Plat of Stull's Fourth Addition to the City of South Bend, in St. Joseph County, Indiana. PARCEL' V: The East part of Section 14, Township 37 North, Range 2 East, in the City of South Bend, bounded as follows: Beginning on the West line of Franklin Street 200 feet and 9 inches North of the- North line of Indiana Avenue, which beginning point is intended to be at the Southeast corner of a tract heretofore conveyed by Maggie M. and Harry E. Stull to Charles and Fred Russ, by deed recorded in Deed Record 119, page 516; thence west a distance of 153.5 feet to the Southwest corner of said Russ tract; thence Southeasterly on the Northerly line of the Terre Haute and Logansport Railway Company's right of way a chord distance of 231.84 feet to the West line of said Franklin, Street; thence North with said line a 'distance of 173.75 feet to the place of beginning. EXHIBIT A