HomeMy WebLinkAboutNo. 1241 approving an application for real property tax deduction (BHD Properties, LLC, Dearborn Crane & Engineering Co., 4320 Ralph Jones Ct.)RESOLUTION NO. 1241
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
BHD Properties, LLC (dba: Dearborn Crane & Engineering Co.), for real property located at
4320 Ralph Jones Court 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 4320 Ralph Jones Court 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 BHD Properties, LLC (dba: Dearborn Crane & Engineering Co.), for ten years of real
property tax abatement consideration for property located at 4320 Ralph Jones Court 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 BHD Properties, LLC (dba: Dearborn Crane &
Engineering Co.).
Approved this 31 st day of March, 1994, at the rescheduled regular meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
Theo F. Sharp, Secretary
ML:Res1241
EXHIBIT A
Commencing at the center of said Section 21: thence North 88 53' 36" East, 450.58 feet:
thence North 00 56' 57" West, 1660.16 feet to the Point of Beginning: thence continuing
North 00 56' 57" West, 350.00 feet: thence North 88 53' 36" East, 877.01 feet: thence South
00 56' 57" East, 366.66 feet: thence South 88 53' 36" West, 394.20 feet Southwesterly along
a curve to the right, 18.36 feet, having a radius of 60.00 feet, subtended by a chord, having a
bearing of South 23 36' 21" West, and a distance of 18.78 feet: thence Southwesterly along a
curve to the left, having a radius of 60.00 feet, subtended by a chord, having a bearing of
South 15 49' 50" West, and a distance of 34.64 feet: thence South 89 03' 21" West, 80.00
feet: thence Northwesterly along a curve to the left, having a radius of 60.00 feet, subtended
by a chord, having a bearing of North 17 43'37" West, and a distance 34.64 feet: thence
Northwesterly along a curve to the right, having a radius of 60.00 feet, subtended by a chord,
having a bearing of North 17 36' 18" West, and a distance of 34.88 feet: thence South 88 53'
36" West, 365.00 feet to the Point of Beginning and containing 7.3514 acres, more or less,
and contains 2 lots numbered 10 and 11, and is subject to all rights -of -way, easements,
restrictions and or covenants of record.