HomeMy WebLinkAboutNo. 1291 approving an application for real property tax deduction (Toll Road Industrial Partners II, L.P., Lot 2 Toll Road Industrial Park Phase II, Section 2)RESOLUTION NO. 1291
A RESOLUTION APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION
WHEREAS, I. C. 6 -1.1- 12.1 -20) 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 South Bend Redevelopment Authority on behalf of
Toll Road Industrial Partners II, L.P., for real property located at Lot 2, Toll Road Industrial
Park Phase II, Section 2 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 Lot 2, Toll Road Industrial Park Phase II, Section 2 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 South Bend Redevelopment Authority on
behalf of Toll Road Industrial Partners II, L.P., for ten years of real property tax abatement
consideration for property located at Lot 2, Toll Road Industrial Park Phase II, Section 2 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 real property tax abatement for South Bend
Redevelopment Authority on behalf of Toll Road Industrial Partners II, L.P.
Approved this 7th day of October, 1994, at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
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Indiana
Land Title Survey
SURVEY ORDERED BY: COMMUNITY & ECONOMIC DEVELOPMENT
SURVEY DATED: August 29, 1994
PROJECT NO.: 941874
LEGAL r DESCRIPTIONS
tProposed Lots 2 & 3 Toll Rd. Ind. Park)
[Phase Two)
THAT OF THE NORTHEAST QUARTER OF SECTION 21, T. 38 N., R: 2 E., GERMAN
TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS DESCRIBED
AS: BEGINNING AT A POINT WHICH IS S. 80- 53' -01" W., 466.92 FT. FROM A POINT
ON THE EAST LINE OF SAID SECTION WHICH IS S. O1°- 00121" E., 187.15 FT. FROM
THE EAST QUARTER POST OF SAID SECTION; THENCE S. 889-53' -01" W., 463.00 FT.;
THENCE N. 00IL59' -02" W., 480.00 FT.; THENCE N. 88= 52' -10" E., 463.00 FT. TO
THE WEST LINE OF WILLIAM RICHARDSON`COURT; THENCE ALONG SAID WEST LINE AND
A 60.00 FT. RADIUS CURVE TO THE LEFT AN ARC DISTANCE OF 81.33 FT. TO THE
END OF A CHORD WHICH BEARS S. 392-48' -56" E. AND HAVING A DISTANCE OF 75.24
FT.; THENCE S. 52L08' -46" W., 58.98 FT.; THENCE S. 000- 59' -02" E., 386.12
FT. TO THE POINT OF BEGINNING.
CONTAINING 5.1378 ACRES.
TIHAT PART OF THE NORTHEAST QUARTER OF SECTION 21, T. 38 N., R. 2 E., GERMAN
TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS DESCRIBED
AS: BEGINNING AT THE EAST QUARTER POST OF SAID SECTION; THENCE ALONG THE
EAST LINE OF SAID SECTION S. O1°- 00' -21" E., 187.15 FT.; THENCE S. 80-53'-
Olt' W., 466.92 FT.; THENCE N. 00°-59' -02" W., 386.12 FT.; THENCE N. 52.08'-
46" E., 58.98 FT. TO THE SOUTHERLY LINE OF WILLIAM RICHARDSON COURT; THENCE
AROUND A 60.00 FT. RADIUS CURVE TO THE LEFT AN ARC DISTANCE OF 107.17 FT.
TO THE END OF A CHORD WHICH BEARS N. 50- 11' -04" E. AND HAVING A DISTANCE OF
93.48 FT.; THENCE N. 00- 59' -02" W., 23.09 FT.; THENCE N. 88= 53' 01" E.
347.61 FT. TO A POINT ON THE EAST LINE OF SAID SECTION; THENCE ALONG SAID
EAST LINE S. 00= 50' -42" E., 315.78 FT. TO THE POINT OF BEGINNING.
CONTAINING 5.1646 ACRES.
Peirce
& Associates, Inc.
Land Surveyors 6 Professional Engineers
3231 Sugar Maple Ct., South Bend,
Indiana 46628 2191234 -4003
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