HomeMy WebLinkAboutNo. 1106 approving an application for personal property tax deduction (Accuride Indiana, Inc., 4300 Factory Outlet Ct. (Quality Drive))RESOLUTION NO. 1106
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL PROPERTY TAX DEDUCTION
WHEREAS, I.C. 6 -1.1- 12.1 -2(j) 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 Accuride Indiana, Inc., for personal 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 "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
IL WHEREAS, the property located at 4300 Factory Outlet Court (to
be known as Quality Drive) 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 Accuride
Indiana, Inc., for five years of personal property tax abatement
consideration for property located at 4300 Factory Outlet Court (to
be known as Quality Drive) 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 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
n-- i j
Paula N. Auburn, President
ATTEST:
Michael Donoho, Secretary
Res1106
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EXHIBIT A
Parcel I:
1
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
chord length of 21.00 feet which bears South 23o58'19" West, an arc distance of 21.68 feet 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 00052'04" West a distance
of 300.00 feet; thence North 89°55'38" 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