HomeMy WebLinkAboutNo. 1062 approving an application for real property tax deduction (Dafir Realty, 3333 N. Kenmore St.)RESOLUTION NO. 1062
�- 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 six years of real property tax abatement consideration
from Dafir Realty for real 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 Allocation Area, Allocation Area No. 1; and
WHEREAS, the property located at 3333 N. Kenmore Street 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 Dafir
Realty for six years of real property tax abatement consideration
for property located at 3333 N. Kenmore Street 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 Dafir Realty.
Approved this 22nd day of May 1992, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
ATTEST:
Michael Donoho, Secretary
Res1062
SOUTH BEND REDEVELOPMENT COMMISSION
L, � /u, �, ���
Paula N. Auburn, President
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 °00100"
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 °00123" 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 021131" East and a length of 296.77 feet;
thence South 89 048105" West a distance of 499.31 feet; thence
North 0 °02141" East a distance of 452.50 feet to the South
boundary of Cleveland Road; thence North 89 °48105" East a
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.