HomeMy WebLinkAboutNo. 1233 approving an application for real property tax deduction (Toll Road Industrial Partners, L.P., Lot 18C Toll Road Industrial Park)RESOLUTION NO. 1233
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
Toll Road Industrial Partners, L.P., for real property located at Lot 18C, Toll Road Industrial
Park 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 Lot 18C, Toll Road Industrial Park 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 Toll Road Industrial Partners, L.P., for ten years of real property tax abatement
consideration for property located at Lot 18C, Toll Road Industrial Park 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 Toll Road Industrial Partners, L.P.
Approved this 4th day of March, 1994, at the regularly scheduled meeting of the South Bend
Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
G
Roman J. Pias cki, Vice President
ATTEST:
ML:Res1233
LEGAL DESCRIPTION:
A PARCEL OF LAND IN THE SOUTHEAST QUARTER OF SECTION 21. TOWNSHIP
38 NORTH, RANGE 2 EAST, 'GERMAN TOWNSHIP. ST. JOSEPH COUNTY.
INDIANA. AND DESCRIBED AS FOLLOWS:
BEGINNING AT THE NORTHEAST CORNER OF THE SOUTHEAST QUARTER OF
SAID SECTION 21; THENCE NORTH 00'45'45" WEST ALONG THE EAST LINE
OF LOT 18 -8 OF GAINEY'S REPLAT OF LOT 20, SECTION 1 AND LOT 18,
SECTION SIX, TOLL ROAD INDUSTRIAL PARK, AS RECORDED UNDER
INSTRUMENT NUMBER 9029253, DATED OCTOBER 19, 1990, IN THE OFFICE
OF THE RECORDER, ST. JOSEPH COUNTY, INDIANA, A DISTANCE OF 943.54
FEET TO THE NORTHEAST CORNER OF SAID LOT 18 -B; THENCE SOUTH
8805336 *WEST ALONG THE NORTH LINE OF LOT 18 -B. A DISTANCE OF
932.88 FEET; THENCE SOUTH 00'56'57" EAST, ALONG THE WEST LINE OF
LOT 18 -8, A DISTANCE OF 1130.08 FEET; THENCE NORTH 88'53'36"
EAST, A DISTANCE OF 930.01 FEET TO THE EAST LINE OF LOT 18 -B:
THENCE NORTH 01 00 44 WEST, ALONG THE EAST LINE OF LOT 18 -B. A
DISTANCE OF 186.55 FEET TO THE PLACE OF BEGINNING, AND CONTAINING
24.1557 ACRES, MORE OR LESS, AND IS SUBJECT TO ANY EASEMENT.
RESTRICTIONS AND OR COVENANTS OF RECORD.