HomeMy WebLinkAboutNo. 1218 approving an application for real property tax deduction (Central High Associates Limited Partnership, 317 W. Washington St.)RESOLUTION NO. 1218
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 Central High Associates Limited Partnership for real
property located at 317 West Washington Street in the South Bend Central Development Area,
the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein;
and
WHEREAS, this Commission declared the South Bend Central Development Area by
Resolution No. 737, adopted May 10, 1985, and in the same resolution declared the South Bend
Central Development Area, Allocation Area No. 1A; and
WHEREAS, the property located at 317 West Washington Street is located within the South
Bend Central Development Area, Allocation Area No. IA;
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
as follows:
1) The Commission finds that the application from Central High Associates Limited
Partnership for ten years of real property tax abatement consideration for property located at 317
West Washington Street in the South Bend Central Development Area, Allocation Area No. 1A,
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 Central
High Associates Limited Partnership.
Approved this 21st day of January 1994, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
Res1218
i
EXHIBIT A
CENTRAL HIGH APARTMENTS
317 W. WASHINGTON
LEGAL DESCRIPTION
Beginning at the intersection of the East line of William Street and the North line of Washington Ave., in the City of
South Bend, St. Joseph County, Indiana; thence 89 degrees- 48' -08" E. along the North line of Washington Street,
430.07 ft. (426.50 ft., records) to a Point on the West line of St. James Court (a 14.00 ft. wide Public Alley); thence N.
00 degrees -01' -34" E. along said line, 411.05 ft. (410.00 ft., record); thence N. 89 degrees- 43' -16" W. along the South
line of Colfax Ave. (82.50 ft. wide), 430.26 ft. (426.36 ft., record); thence S. 00 degrees- 00' -00" W (assumed bearing)
along the East line of William Street (66.00 ft. wide), 411.66 ft. (410.00 ft., record) to the Point of Beginning.
Containing 176,950.524 SF or 4.06 Acres.