Loading...
HomeMy WebLinkAboutNo. 1063 approving an application for personal property tax deduction (Aucilla, Inc., 3333 N. Kenmore St.)RESOLUTION NO. 1063 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 Aucilla Incorporated, for personal property located at 3333 N. Kenmore Street 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 3333 N. Kenmore Street 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 Aucilla Incorporated, for five years of personal property tax abatement consideration for property located at 3333 N. Kenmore Street 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 Aucilla Incorporated. Approved this 22nd day of May 1992, at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Paula N. Auburn, President ATTEST: Michael Donoho, Secretary Res1063 VAE 0 EXHIBIT "A" LEGAL DESCRIPTION AIRPORT INDUSTRIAL PARK PHASE IV LOT 4 -1 A part of the Northeast Quarter of Section 28, Township 38 North, Range 2 East, City of South Bend, St. Joseph, Indiana, described as follows: Commencing at the Northeast corner of said Section -28; thence South 89 048105" West (the bearing of the south line of the Southeast Quarter of Section 28 is assumed North 90 000'00" West) a distance of 1345.00 feet along the north line of said Northeast Quarter; thence South 0 °00123" West a distance of 50.00 feet to the western boundary of Kenmore Street and the point of beginning; thence South 0 000'23" West a distance of 146.47 feet along said western boundary; thence Southerly along said boundary 297.10 feet along an arc to left having a radius of 1949.86 feet and subtended by a long chord having a bearing of South 4 °21131" East and a length of 296.77 feet; thence South 89 °48105" West a distance of 499.31 feet; thence North 0 °02141" East a distance of 452.50 feet to the South Y. boundary of Cleveland Road; thence North 89 °48105" East a co distance of 466.42 feet along said south boundary; thence South 45 005146" East a distance of 14.12 feet to the point of beginning, and containing 5.000 acres, more or less.