HomeMy WebLinkAboutNo. 1047 approving an application for personal property tax deduction (Stouffer Industries, Inc., 1801 Commerce Dr.)e
RESOLUTION NO. 1047
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 Stouffer Industries, Inc., for personal property located at
1801 Commerce 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 1801 Commerce 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 Stouffer
Industries, Inc., for five years of personal property tax abatement
consideration for property located at 1801 Commerce 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 Stouffer
Industries, Inc.
Approved this 10th day of April, 1992, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
ATTEST:
Philip J.
Res1047
SOUTH BEND REDEVELOPMENT COMMISSION
4 � A) I
Paula N. Auburn, President
cc�nA, Assistant Secretary
EXHIBIT "A"
PARCEL I:
A tract of land in the Southwest Quarter of Section Thirty -
three (33), Township Thirty -eight (38) North, Range Two (2)
East, City of South Bend, St. Joseph County, Indiana, more
particularly described as follows: Commencing at a brass
plug at the center of said Section 33; thence South 90 000100"
West on and along the North line of said Southwest Quarter of
said Section 33, a distance of 1,205.66 feet to a concrete
monument on the West line of a 75 foot public street; thence
South 00 029121" East on and along the West line of said 75
foot public street, a distance of 473.176 feet to an iron at
the point of beginning; thence continuing South 00 029121"
East on and along said West line of said 75 foot public
street, a distance of 237.00 feet to an iron; thence South
89 °30139" West, a distance of 362.00 feet to an iron; thence
North 00 °29121" West, a distance of 237.0 feet; thence North
89 030'39" East, a distance of 362.00 feet to the place of
beginning; said tract being Lot Numbered Twenty -five (25) of
the Airport Industrial Park, Phase II.
PARCEL II:
A tract of land in the Southwest Quarter (1/4) of Section
Thirty -three (33), Township Thirty -eight (38) North, Range
Two (2) East, City of South Bend, St. Joseph County, Indiana;
more particularly described as follows: With a point of
beginning arrived at by commencing at a brass plug at the
center of said Section 33; thence South 90 °00100" West on and
along the North line of said Southwest Quarter (1/4) of said
Section 33 a distance of 1,205.66 feet to a concrete monument
on the West line of a 75 toot Public Street (Commerce Drive) ;
thence South 00 029121" East on and along the West line of
said Commerce Drive, a distance of 473.176 feet to an iron at
the point of beginning; thence continuing South 89 030139"
West a distance of 362 feet; thence North 00 029121" West a
distance of 120.5 feet; thence North 89 030139" East a
distance of 362 feet; thence South 00 129'21" East along the
West line of Commerce Drive a distance of 120.5 feet to the
place of beginning, being the South 120.5 feet measured North
and South taken off at the entire South end of Lot Numbered
Twenty -four (24) of the Airport Industrial Park, Phase II,
St. Joseph County, Indiana now a part of the City of South
Bend.