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HomeMy WebLinkAboutNo. 0949 approving an application for real property tax deduction (St. Joseph/Wayne Parking Garage, 117 E. Wayne St.)RESOLUTION NO. 949 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 three years of real property tax abatement consideration from The South Bend Redevelopment Authority for retail space in the St. Joseph /Wayne Parking Garage located at 117 E. Wayne Street in the South Bend Central Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the South Bend Central Development Area by Resolution No. 737 adopted May 10, 1985, and in the same resolution declared the South Bend Central Allocation Area (South Bend Allocation Area No. 1A); and WHEREAS, the property located at 117 E. Wayne Street is located within the South Bend Central Allocation Area (South Bend Allocation Area No. 1A). NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from the South Bend Redevelopment Authority for three years of real property tax abatement consideration for retail space in the St. Joseph /Wayne Parking Garage located at 117 E. Wayne Street in the South Bend Central Allocation Area (South Bend Allocation Area No. 1A) 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 South Bend Redevelopment Authority's petition for real property tax abatement for the retail space in the St. Joseph /Wayne Parking Garage. Approved this 10th day of August, 1990, at the regularly scheduled meeting of the South Bend Redevelopment Commission. ATTEST: Roma;,YD iasecki Secretary Res949 SOUTH BEND REDEVELOPMENT COMMISSION c;IzAn, A) Paula N. Auburn, Cive President "Exhibit A" LEGAL''DESCRIPTION A PART of the Northwest Ouarter of Section 12, Township 37 North, Range 2 East of the Second Principal Meridian, Portage Tbvnship, City of South Bend. - Indiana being a part.of Lots 50, 51,. and•52 of original plat of South Bend, Indiana more'partiCularly described as follows: BEGINNING at the Intersection of Westerly right -of -way line of St. Joseph Street (85' right -of -way) with the North right -of -way line of Wayne Street (82.51. right -of -way) thence South 89 Degrees 38 Minutes 12 Seconds Wgst (bearing assumed) along the.North right -of -way line of Wayne Street '48.•84 feet; thence North 00 Degrees 27 Minutes.00 Seconds west, 186.00 feet; thence North 89 'Degrees.39 Minutes 34 Seconds East, 165.61 •feet; thence Southwesterly 186.99 feet along a segment of a curve to the right having a radius of 912.43 feet, subtended by a chord having a bearing of South 04 Degrees 42 Minutes •19 Seconds West and a length of 186:66 feet to the Point of Beginning and containing 29,835.05 square feet (0.6849 acre) more or less and is subject to easements, restrictions,•limitations, and or covenants of-record. p \LTJ4 ` ca No. S03st aTAT[ 1 • ! Eo ��kD S U A� �,riP.•efi PREPARED FOR: Department of Redevelopment' City of South Bend, Ind.iana Grerw 1C s%e0evea, A991slere! Len{ Sur+tyer Ne.SO3a Volley Engineering Consultants, -Inc. S23-03 Emmons Rood Suite 8 . South Bend , Indiana 46b37 pnone 219 / 277 - 9075 Professional Engineers 8 Land 'Surveyors A PART OF THE NORTHWEST OUARTER SECTION 12, TOWNSHIP 37 NORTH-, RANGE 2 EAST BEING PART OF LOTS 50, 51, L 52 OF, ORIGINAL PAT OF nT•ry nr snwrw AENn. INDIANA .n by I Checked by Senle Dote Job No. 10;..: G . K . B NONE 7/8 7 1 237 Sheet 2 of 1 r