HomeMy WebLinkAboutNo. 1091 approving an application for personal property tax deduction (Spin-Cast Plastics, Inc., 3300 N. Kenmore Dr.)RESOLUTION NO. 1091
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 Spin -Cast Plastics, Inc., for personal property located at
3300 N. Kenmore 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
WHEREAS, the property located at 3300 N. Kenmore 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 Spin -Cast
Plastics, Inc., for five years of personal property tax abatement
consideration for property located at 3300 N. Kenmore 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 Spin -Cast
Plastics, Inc.
Approved this 21st day of August, 1992, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
Michael Donoho, Secretary
Res1091
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LEGAL DESCRIPTION:
A TRACT of land in part of the Northeast Quarter of Section 28,
Township 36 North, Range 2 East, City of South Bend, St. Joseph
County, Indiana, described as follows:
COMMENCING at the Northeast corner of Section 28; thence South
89 °48'05" West, 966.00 feet along the North line of said Section
28; thence South 00 °00'23" West, 40.00 feet to the South boundary
of Cleveland Road; thence South 89 648'05" West, 289.00 feet along
said South boundary; thence South 44 054'14" West, 14.17 feet to
the East boundary of Kenmore Street; thence South 00 000'23" West,
146.76 feet along said East boundary; thence along said East
boundary, Southeasterly 294.37 feet along an arc to the left,
having a radius 'of 1869.86 feet, subtended by a long chord,
having a bearing of South 04930'13" East, and a length of 294.07
feet to the Point of Beginning of this description; thence North
89 048'05" East, 581.88 feet; thence South 00 000'23" West, 472.86
feet; thence South 89 058'56" West, 498.99 feet to said East
boundary of Kenmore Street; thence North 09 °59'37" West, 445.88
feet along said East boundary, thence Northwesterly 31.98 feet
along an arc to the right, having a radius of 1869.86 feet, and
subtended by a long chord, having a bearing of North 09 830'15"
West, and a length of 31.98 feet to the Place of Beginning,-and
containing 5.855 acres, more or less, and is subject to all
easements, restrictions and or covenants of record.
PREPARED FOR INDUSTRIAL FOUNDATION, INC.
Valley Engineering Consultants, Inc.
52303 Emmons Road Suite 8
South Bend , Indiana 46637
Phone 219/277-9075
Professional Engineers a Land Surveyors
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