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HomeMy WebLinkAboutNo. 1255 approving an application for personal property tax deduction (Con-Way Central Express, 1530 S. Olive St.)RESOLUTION NO. 1255 A RESOLUTION APPROVING AN APPLICATION FOR PERSONAL 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 five years of personal property tax abatement consideration from Con -Way Central Express for personal property located at 1530 S. Olive 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 1530 S. Olive 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 Con -Way Central Express for five years of personal property tax abatement consideration for property located at 1530 S. Olive 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 personal property tax abatement for Con -Way Central Express. Approved this 20th day of May, 1994, at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION i1 Paula N. Auburn, President ATTEST: Theo F. Sharp, Secretary ML:Res1255 a. 1994,06-06 08139 0634 p.02/02 from 313 - 663 -2966 219 297 3716 PROM s =X ANN ARBOR G RIQIT A • 1530 Olive Street South Bend, Indiana sit aat in St. Joseph County, *in the State of indian4z. • pARGF.L s . - �► puree of land in the' Southwast'gnarter of the Northeast quarter of Sect on rifteen (1S), VownshiP Thirty-never, (37) North, Range Tvo (2) ]east in the City of South Bead, St. Joseph Cocaty, . Stidiar�, described as follows s . COMMenci q at the Sorithrest Cosner of the Southvest quarter of the ortheast quarter of said section thence Past 30 feet along th South line of said quarter quarter section to a point an the at line of Olive Stzeet, the true place of beginning of this ascription= thence Worth 232.6 feet along the east line at said Olive Street to the Southerly line of the right -vt- ay of the Nov Jersey, Indiana and Illinois Railroad; thence do lecting an Nagle of 56 degrees 40 ,Minutes to the right Rail feat along the southerly line of the right-of-way of said Railroad thecae nOrtbAasterly 469.4 feet along an arc to the right, and haviag it radius of 809.52 fast along said Rsilzoad right-of .0 Y to a point 464.8 feet zest of the east line of Olive Stre tt thence last 680.32 feet' along the mouth right-of-way 114e of s d Railroad to the West line Of Grant Street extended; glance Son 400.05 feet along said treat line of. Grant. street extended t the month line of said quarter quarter section; thanes Wes 1146.63 feet along the South line of said quarter •. quarter se oa to the ,point of beginning., . • subject to 1 al highways. . 4 AP •: t� .. "sue y•.► .mss. Lots l6 et (19) and Twenty (20) of the South 'Bared Industrial RdditLan to the City of South Bend. Udiana, section yifteen 1 (ZS) • xQ%n s g Wrty- •seven (37) North e Stange Two (2) rust, Portage Sow=s p, St. Joseph County Indians. Exhibit A