HomeMy WebLinkAboutNo. 1194 approving an application for real property tax deduction (RKE, Inc., dba: Stephenson Mill, Inc., 322 E. Colfax Ave.)RESOLUTION NO. 1194
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 the South Bend Redevelopment Commission on behalf
of RKE, Inc. (dba: Stephenson Mill, Inc.) for real property located at 322 E. Colfax Avenue 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 322 E. Colfax Avenue 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 the South Bend Redevelopment
Commission on behalf of RKE, Inc. (dba: Stephenson Mill, Inc.) for ten years of real property
tax abatement consideration for property located at 322 E. Colfax Avenue 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 the South
Bend Redevelopment Commission on behalf of RKE, Inc. (dba: Stephenson Mill, Inc.)
Approved this 17th day of September 1993, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
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m VIA
Res 1194
SOUTH BEND REDEVELOPMENT COMMISSION
1
Paula N. Auburn, President
- -EKMIT A
LEGAL DESCRIPTIONS
PARCEL "A ".
THAT PART OF THE NORTHEAST QUARTER OF SECTION 12, TOWNSHIP 37 NORTH, RANGE 2
EAST, PORTAGE TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS
DESCRIBED AS: BEGINNING AT THE INTERSECTION OF THE SOUTH RIGHT -OF -WAY LINE OF
COLFAX AVENUE AND THE WEST RIGHT -OF -WAY LINE OF GINTZ AVENUE WHICH POINT IS
WEST 256.3 FT. FROM AN IRON �ET FOR THE SOUTHWEST CORNER OF MILES AVENUE AND
COLFAX AVENUE; THENCE S. 05 - 53' -22' E. ALONG SAID WEST RIGHT -OF -WAY LINE,
274.37 FT. (RECORD, S. 05 ° -31' W., 274.4 FT d; THENCE N. 89 °- 58' -48' W., 167.91
FT (RECORD, WEST 167.9 FT.); THENCE N. 15b- 07' -45' W., 87.70 Fa. (RECORD, N.
156 -6' W.); THENC.% N. 87 °- 52' -06' E., 47.34 Fb. (RECORD, N. 89 -47' E. 47.25
FT.); THENCE N. 00 - 56' -55' W., ( RECORD, N. 00 - ,16' W. 188.2 FT.) TO THE SOUTH
RIGHT -OF -WAY LINE OF COLFAX AVENUE; THENCE S. 89 - 54' -00" E. ALONG SAID SOUTH
RIGHT -OF -WAY LINE, (RECORD, EAST 118.48 FT.), 118.42 FT. TO THE POINT OF
BEGINNING.
CONTAINING 0.8877 ACRE:.
SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS AND RESTRICTIONS OF RECORD.
PARCEL "B ".
THAT PART OF THE NORTHEAST QUARTER OF SECTION 12, TOWNSHIP 37 NORTH, RANGE 2
EAST, PORTAGE TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS
DESCRIBED AS: BEGINNING AT A POINT ON THE WEST RIGHT -OF -WAY LINE OF GINTZ
AVENUE WHICH POINT IS 273. 00 FT. SOUTH OF THE SOUTH RIGHT -OF -NAY LINE OF
COLF4 AVENUE, MEASURED AT RIGHT ANGLES TO SAID SOUTH RIGHT -OF -WAY LINE; THENCE
S. 05 - 53' -22' E. ALONG SAID GINTZ AVENUE RIGHT -OF -WAX LINE AND IT'S EXTENSION,
(RECORD, S. �5°- 21' -44" E.), 152.28 FT.; THENCE N. � - 58' -48" W., 149.14 FT. ;
THENCE M. 24 - 37' -29" W. 166.65 FT.; THENCE S. 89 - 58' -48' E., 202.95 FT. TO
THE POINT OF BEGINNING.
CONTAINING 0.6121 ACRES.
SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS AND RESTRICTIONS OF RECORD.