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HomeMy WebLinkAboutNo. 1221 approving an application for real property tax deduction (One Plaza Place Associates, 210 S. Michigan St.)RESOLUTION NO. 1221 co 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 One Plaza Place Associates for real property located at 210 South Michigan 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. IA; and WHEREAS, the property located at 210 South Michigan Street is located within the South Bend Central Development Area, Allocation Area No. J A; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from One Plaza Place Associates for ten years of real property tax abatement consideration for property located at 210 South Michigan 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 One Plaza Place Associates. Approved this 4th day of February 1994, at the regularly scheduled meeting of the South Bend Redevelopment Commission. ATTEST: Theo F. Sharp, ecretary ML:Res1221 [A SOUTH BEND REDEVELOPMENT COMMISSION Paula N. Auburn, President PART OF LOTS 57 AND 58, ORIGINAL PLAT OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA, DESCRIBED AS FOLLOWS: COMMENCING AT THE NORTHWEST CORNER OF LOT 58; THENCE SOUTH 000- 31' -55" EAST ON THE WEST LINE OF SAID LOT 58, A DISTANCE OF 44.98 FEET TO THE POINT OF BEGINNING; THENCE NORTH 890- 38' -45" EAST PARALLEL TO THE NORTH LINE OF SAID LOT 58, A DISTANCE OF 32.43 FEET; THENCE NORTH 000- 31' -55" WEST PARALLEL TO THE WEST LINE OF LOTS 57 AND 58, A DISTANCE OF 6.98 FEET; THENCE NORTH 89 °- 38' -45" EAST PARALLEL TO THE NORTH LINE OF SAID LOT 58, A DISTANCE OF 2.00 FEET; THENCE NORTH 450- 19' -29" EAST, A DISTANCE OF 21.735 FEET; THENCE SOUTH 460- 01' -59" EAST, A DISTANCE OF 21.735 FEET; THENCE NORTH 890- 38' -45" EAST PARALLEL TO THE NORTH LINE OF SAID LOT 58, A DISTANCE OF 2.00 FEET; THENCE SOUTH 000- 31' -55" EAST PARALLEL TO THE WEST LINE OF SAID LOTS 57 AND 58, A DISTANCE OF 6.98 FEET; THENCE NORTH 890- 38' -45" EAST PARALLEL TO THE NORTH LINE OF SAID LOT 58, A DISTANCE OF 36.10 FEET; THENCE SOUTH 000- 31' -55" EAST PARALLEL TO THE WEST LINE OF SAID LOTS 57 AND 58, A DISTANCE OF 47.35 FEET; THENCE SOUTH 890- 38' -45" WEST PARALLEL TO THE NORTH LINE OF SAID LOT 58, A DISTANCE OF 4.32 FEET; THENCE SOUTH 000- 31' -55" EAST PARALLEL TO THE WEST LINE OF SAID LOTS 57 AND 58, A DISTANCE OF 6.695 FEET; THENCE SOUTH 890- 37' -35" WEST PARALLEL TO THE SOUTH LINE OF SAID LOT 57, A DISTANCE OF 6.31 FEET; THENCE SOUTH 000- 31' -55" EAST PARALLEL TO THE WEST LINE OF SAID LOTS 57 AND 58, A DISTANCE OF 0.755 FEET; THENCE SOUTH 890- 37' -35" WEST PARALLEL TO THE SOUTH LINE OF SAID LOT 57, A DISTANCE OF 93.00 FEET TO THE WEST LINE OF SAID LOT 57; THENCE NORTH 000- 31' -55" WEST ON THE WEST LINE OF SAID LOTS 57 AND 58, A DISTANCE OF 54.83 FEET TO THE POINT OF BEGINNING. Exhibit A