HomeMy WebLinkAboutNo. 1245 approving an application for personal property tax deduction (Manufacturing Technology, Inc., 1702 W. Washington St.)RESOLUTION NO. 1245
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 Manufacturing Technology, Inc., for
personal property located at 1702 West Washington Street in the West Washington - Chapin
Development Area, the legal description of which is attached hereto, marked Exhibit "A" and
incorporated herein; and
WHEREAS, this Commission declared the West Washington - Chapin Development
Area by Resolution No. 818, adopted October 23, 1987, and in the same resolution declared
the West Washington - Chapin Allocation Area (South Bend Allocation Area No. 7) and
WHEREAS, the property located at 1702 West Washington Street is located within the
West Washington - Chapin Allocation Area (South Bend Allocation Area No. 7);
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
1) The Commission finds that the application from Manufacturing Technology, Inc.
for five years of personal property tax abatement consideration for property located at 1702
West Washington Street in the West Washington - Chapin Allocation Area (South Bend
Allocation Area No. 7) 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
Manufacturing Technology, Inc.
Approved this 15th day of April, 1994, at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
r
Paula N. Auburn, President
ATTEST:
Theo F. Sharp Secretary
ML:res1245
EXHIBIT A
PARCEL l: A lot or parcel of Land in the City of South Bend, located in the East Half
of the Northeast Quarter of Section Number Ten (10), Township Number Thirty -seven
(37) North, Range Number Two (2) East, bounded by a line running as follows, viz:
Beginning at a point in the South line of West Washington Avenue 7.58 feet West
from a point where the West line of College Street extended South would intersect
the South line of said West Washington Avenue thence South 208 feet; thence West
395.87 feet; thence North 208 feet to the South line of Washington Avenue, thence
East along the South line of Washington Avenue a distance of 395.87 feet to the
place of beginning.
PARCEL 11: Also, beginning at a point in the South line of West Washington Avenue
7.58 feet West from a point where the West line of College Street extended South
would intersect the South line of Washington Avenue and being at the Northeast
corner of the above described tract; thence South along the East line of the above
described tract 293.6 feet to an iron stake; thence East 19.69 feet, more or less, to
the Southwest corner of a tract of land conveyed to the South Bend Wholesale Drug
Company by deed recorded in Deed Record 333 page 336; thence North 293.6 feet,
more or less, to a point in the South line of West Washington Avenue 20 feet East of
the place of beginning; thence West 20 feet to the place of beginning, subject,
however, to a perpetual easement of right of way in common with the Grantees at all
times and for all purposes over the following real estate for the use and benefit of the
South Bend Drug Co., Inc.:
A part of the East Half (%: ) of the Northeast Quarter (%4 ) of Section Ten (10),
Township Thirty -seven (37) North, Range Two (2) East, described as follows:
Beginning at a point on the South line of Washington Avenue which is 389.87 feet
West of a point which is 7.58 feet West from the West line of College Street
extended South to the South line of Washington Avenue; thence due South 133.5
feet; thence Easterly 321.3 feet to a point 130.3 feet due South from the South line
of Washington Avenue; thence in a Southeasterly direction 102 feet to*an Iron stake,
which iron stake is 208 feet due South from Washington Avenue; thence North 46.2
feet; thence in a Northwesterly direction 80.3 feet to a point 100.3 feet due South
from the South line of Washington Avenue; thence Westerly 305.6 feet to a point due
South 103.5 feet from the South line of Washington Avenue, thence North 103.5 feet
to a point on the South line of Washington Avenue which is 30 feet East of the place
of beginning, thence West 30 feet to the place of beginning.
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