HomeMy WebLinkAboutNo. 1078 approving an application for real property tax deduction (Steel Warehouse Co., 2722 Tucker Dr.)RESOLUTION NO. 1078
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 years of real property tax abatement consideration from
Steel Warehouse Co., Inc. for real property located at 2722 Tucker
Drive in the Rum Village Industrial Park, the legal description of
which is attached hereto, marked Exhibit "A" and incorporated
herein; and
WHEREAS, this Commission declared the Rum Village Industrial
Park by Resolution No. 650 adopted December 8, 1981 and in the same
resolution declared the Rum Village Industrial Park (South Bend
Allocation Area No. 4); and
WHEREAS, the property located at 2722 Tucker Drive is located
within the Rum Village Industrial Park (South Bend Allocation Area
No. 4);
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission as follows:
1.) The Commission finds that the application of Steel
Warehouse Co., Inc. for ten years of real property tax
abatement consideration at 2722 Tucker Drive in the Rum
Village Industrial Park (South Bend Allocation Area N. 4) 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 Steel Warehouse Co., Inc.'s petition for real
property tax abatement.
Approved this 10th day of July 1992 at the regularly scheduled
meeting of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Paula N. Auburn, President
ATTEST:
Michael Donoho, Secretary
res1078
EXHIBIT A
A part of the southeast 1/4 of the northeast 1/4 of Section 16,
Township 37 North, Range 2 East in the City of South Bend, St.
Joseph County, Indiana, described as follows:
Commencing at the intersection of the east line of said Section
16 with the south line of Tucker Drive, said point being 260.00
feet south of the north line of said southeast 1/4 of the
northeast 1/4; thence west along the westerly extension of the
south line of Tucker Drive, 213.00 feet to the true Point of
Beginning; thence south parallel with the east line of said
Section, 499.07 feet to the north right of way line of the former
Indiana Northern Railway Company; thence westerly along said
north right of way line, 166.00 feet; thence north parallel with
the east line of said Section, 499.76 feet to the westerly
extension of the south line of Tucker Drive; thence east along
said westerly extension of the south line of Tucker Drive, 166.00
feet to the Point Of Beginning and containing 1.90 acres, more or
less.