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HomeMy WebLinkAboutNo. 1254 approving an application for real property tax deduction (Con-Way Central Express, 1530 S. Olive St.)RESOLUTION NO. 1254 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 Con -Way Central Express for real 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 ten years of real 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 real 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 ti. Paula N. Auburn, President ATTEST: Theo F. Sharp, S r"y ML:Res1254 rom� 313- 663 -2966 TO s FROM s CCX pW RRgOR LM 4 08139 X634 P•02/02 219 297 3716 1994.06 -� .— ri C- )(R I13IT . 1530 Olive Street South Bend, tndlana 53 \1 Situat in St. Joseph Coanty,'in the State of Indiana: PaRCFS :. _ A peace of land in the* Southwest 'quarter of the Northeast quarter of Sect ou litteea (15), '.�arnship Thirty -seven (37) Worth, ;range T 0 (Z) ]east in the city of South Bend, St. Joseph County, litdiana, described as follara: . Coarneaci q at the Southwest corner of the Southvest gvarter of the ortheast quarter of said section thence last 30 feet Along th South line of said quarter quarter section to is point an the St lute of Olive Street, the true place of beginning of this ascription: thence Worth 232.6 feet aloug the east line at said Olive Street to the Southerly line of the right -of- ay of the Nev Sersey, Indiana auzd Illinois Railroad; thence d 27.0 feet lecting an kagle of 56 degrees 40 minutes to the right along the southerly line Railroad; of the right -of --way of said thence northaasterly 464.6 feet along an arc to the right surd right -of -v having a radius of 8o9.S2 feet along said Railroad Olive Stre y to a point 466.8 feet East of the east line of t; thence Last 680.32 feet' &J6zLg the south right-of-way line of s thence Sots d Railroad to the west line of Grant street extended; 440.05 feet along said Vest line of. Grant. Street extended t the south line of said gt:a;ter quarter section; th'I'Mcs Kea quarter Be 2144.63 feet along the South Una of said quarter on to the point of beginning.. . subject to x a1 high+rays. Lots 1Q et • (19) and Twenty (20) of the South 'Bend Industrial .Addition to the City of South Band, Indiana, Section pifteen , C-15) 0 = aAss p Yhirty -seven (37) North, Ranges Two (2) last, _ p, St. Jvaeph Co=ty, tsidiaaa. i Exhibit jl�