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HomeMy WebLinkAboutNo. 1256 approving an application for real property tax deduction (Schafer Gear Works, Inc., 814 S. Main St.)RESOLUTION NO. 1256 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 Schafer Gear Works, Inc. for real property located at 814 S. Main 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 814 S. Main 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 Schafer Gear Works, Inc. for ten years of real property tax abatement consideration for property located at 814 S. Main 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 Schafer Gear Works, Inc. Approved this 20th day of May, 1994, at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION I Paula N. Auburn, President ATTEST: Theo F. Sharp; Secretary ML:Resl256 EXHIBIT A e Indiana Land SURVEY ORDERED BY: SURVEY DATED: PROJECT NO.: T i f 1 e Survey LEGAL DESCRIPTION PARCEL "A" That part of the Southwest Quarter of' Section 12, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana which is described as Lot # 259 and the North 30 ft. of Lot # 260 together with the west half of a vacated alley adjacent to said portion of Lot # 260 within the recorded Plat of " Daniel Garst'S Subdivision of a part of his 1st Addition of South Bend City, now within and a part of the City of South Bend " and being more particularly described as: Beginning at a point of intersection of the South right -of -way line of Tutt Street and the East right -of -way line of Main Street said Point also being the Northwest Corner of Lot 259 as shown on the Plat of " Daniel Garst's Subdivision of a part of his 1st Addition of South Bend City, now within and a part of the City of South Bend " as Recorded; thence N.89 °- 48' -24" E. along said South right -of -way line, 40.10 ft. (Record 138.51) to the Northeast Corner of said Lot 259; thence S. 00 - 16' -35" E. along said East Lot line, 64641 ft. (Record 64.0 ft.) to the SoutVast Corner of said Lot 259; thence N. 89 - 47' -48" E., 6.00 ft.; thence S. 00 - 16' -35" E., 30.19 ft. (Record 30.0 ft.); thence S. 890- 47' -31" W., 145.77 ft. to the East right - of -way line of Main Street; thence N. 00 - 28' -33" W. along said East line, 94.65 ft. to the Point of Beginning. Containing 0.3081 acres or 13,423 square feet. Subject to all legal highways, easements and restrictions of record. PAR(`F.T. RR" All lots numbered Two Hundred Eleven (211) and Two Hundred Twelve (212) as shown on the recorded Plat of Daniel Garst's 1st addition to the South Bend City, now within and part of the City of South Bend. Peirce 6 Associates,, I nc. Pk Land Surveyors 6 Professional Engineers 3231 Sugar Maple Ct., South Bend, Indiana 46628 2191234 -4003 -4- 2V 2 Exhibit 10