HomeMy WebLinkAboutNo. 1227 approving an application for personal property tax deduction (Midwest Embroidery, Inc., 3600 McGill St.)RESOLUTION NO. 1227
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6 -1.1- 12.1 -20) provides that an application for personal 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 Midwest Embroidery, Inc., for personal
property located at 3600 McGill Street 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 Area, Allocation Area No. 1; and
WHEREAS, the property located at 3600 McGill Street is located within the Airport
Economic Development 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 Midwest Embroidery, Inc., for
five years of personal property tax abatement consideration for property located at 3600
McGill Street in the Airport Economic Development 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 personal property tax abatement for
Midwest Embroidery, Inc.
Approved this 18th day of February, 1994, at the regularly scheduled meeting of the
South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
Theo F. Sharp, 6 cretary
ML:Res1227
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EXHIBIT A
DESCRIPTION OF REAL ESTATE:
A port of the Northeast quarter (NFA) of Section 28, Toimship 38 Northq
Range 2 Last, City of South Rend, St. Joseph Cuuntf, Indiana, doscrtbod
as follows;
Commencing at the Northeast cornec of said Section 28; theme* 'South
89'- 48'U5" Vest (the besrint of the South line of the South*"'% Quarter
(St4) of Section 28 is assumed Borth 90•- 001-00" West) a distancs. of
1305.00 feet along the North boundacy of said Northeast quitter (Yid)
to the cantsrline intors,ction of Clavelend toad sod Keawore Street;
thence South 00•- 00' -23" Vast and a distant of 363.70 test to a csoss
cut in the paveaeuti thence South 09'- 59' -37' East a distance of 531.87
feet to a cross cut in the centeritna at KRUN'wce Street: thewao sevth
800- 001-23" hest a distance of ;0.00 foot to a � Lech iron caber;
thence North 54'-99'-3+1- west a distanaw of 14.14 feet; thance South -
80'-00'-23" West a.distaoce of 86.111 feet; thenas Southwesterly 90.16
feet along a segment of a curve to the right. having s radius_ of
1944.86 feet, subtended by a chord, having a bearing of South
8I4- 201-03" west and a lwnath of V0-L5 foot to the point.ef begisdiaa;
thence South 00'- 00'-23" West a distance of 382.35 feetl thence North.
390- 591-37" Vest 352.17 feet; thanes north 00'- 00' -23" last a'distaaae
of 325.26 foot; thence Northeasterly a dtatsnaa of 43.47 foot olon$ a
segaant of a curve to the left, having a radius of 59.00 feat,
subtandad by a chord, having a bearing of Worth 33'- 12' -33" East aod.js
length of 42.11 feet; theetee Nortbaaatorly a distance of 26.65 feat
along a segment of a ourvs to the right, having a radius of 67.50 feet,
subtended by a chord, having a bearing ot.Yiocth 44- 41' -25" East and a
Length of 26.65 filet.. theme South 291- 59' -37" Zest at distance of 49.04.
facts thence Northeasterly a distance of 249.28 Cost along a curve to
tho left, having a radius of 19411.86 feet# subtended by a chord, baying
a bearing of North 860- 20' -07" East and a lsnath of 249.11 Ceet to the
,)*Lac of bejinaing.
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