HomeMy WebLinkAboutNo. 1107 approving an application for real property tax deduction (Accuride Indiana, Inc., 4300 Factory Outlet Ct. (Quality Drive))RESOLUTION NO. 1107
A RESOLUTION APPROVING AN APPLICATION FOR
REAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6-1.1-12.1-2(j) 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 (10) years of real property tax abatement
consideration from Accuride Indiana, Inc. for real property located
at 4300 Factory Outlet Court (to be known as Quality Drive) in the
Airport Economic Development Area, the legal description of which
is attached hereto, marked Exhibit "All 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 4300 Factory Outlet Court
(to be known as Quality Drive) 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 Accuride
Indiana, Inc. for ten (10) years of real property tax abatement
consideration for property located at 4300 Factory Outlet Court (to
be known as Quality Drive) 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 Accuride Indiana, Inc.
Approved this 16th day of October 1992, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
Michael Donoho, Secretary
Res1107
Lot Numbered Eight (8) as shown on the recorded Plat of Landmark Business Park, Section Six,
Part One, recorded October 19, 1989 in the Office of the Recorder of St. Joseph County, Indiana,
as Instrument No. 8928004.
Parcel II:
A tract of land in the North Half of Section 19, Township 38 North, Range 2 East, City of South
Bend, German Township, St. Joseph County, Indiana, said tract being more particularly described
as follows:
Commencing at the North Quarter corner of said Section 19; thence South 00054'38" East on
the along the East line of said Northwest Quarter 110.75 feet to the South right -of -way line of
Brick Road; thence North 88047'24" West on and along said South line a distance of 845.29
feet; thence South 00°52'04" East a distance of 679.54 feet, said point being the true place of
beginning; thence continuing South 00052'04" East a distance of 175.75 feet to PC of a 25.00
foot radius curve to the right; thence along said curve through a central angle of 49040'45 ", a
C' chord length of 21.00 feet which bears South 23058'19" West, an arc distance of 11.b6 teet to
a point of reverse curve with a 60.00 foot radius curve to the left; thence along said curve
through a central angle of 93047'08 ". a chord length of 87.60 feet which bears South 01055'07"
West, an arc distance of 98.20 feet; thence South 45001'33" West a distance of 25.00 feet;
thence South 89055'38" West a distance of 395.50 feet; thence North OOo52'04" West a distance
of 300.00 feet; thence North 89055'38" East a distance of 426.53 feet to the place of beginning.
Subject to legal highways.
Key # 25 -1017 -0604
25 -1017 -0602
25 -1017- 0602.01
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