HomeMy WebLinkAboutNo. 0854 approving an application for real and personal property tax deduction (Allied Products Corp., 601 W. Broadway St.)c
RESOLUTION NO. 854
A RESOLUTION APPROVING AN APPLICATION FOR
REAL AND PERSONAL 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 and five years of personal
property tax abatement consideration from Allied Products
Corporation for real and personal property located at 601 W.
Broadway Street in the Studebaker Corridor Development Area, the
legal description of which is attached hereto, marked Exhibit "A"
and incorporated herein; and
WHEREAS, this Commission declared the Studebaker Corridor
Development Area by Resolution No. 762 adopted January 10, 1986 and
to in the same resolution declared the Studebaker Corridor Allocation
Area (South Bend Allocation Area No. 6); and
WHEREAS, the property located at 601 W. Broadway Street is
located within the Studebaker Corridor Allocation Area (South Bend
Allocation Area No. 6);
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission as follows:
1.) The Commission finds that the application of
Allied Products Corporation for three year of real
property and five years of personal property tax
abatement consideration for property located at 601 W.
Broadway Street in the Studebaker Corridor Allocation
Area (South Bend Allocation Area No. 6) is hereby
approved.
2.) That a copy of
to the South Bend Common
Commission's approval of
ro Corporation petition for
abatement.
this resolution be forwarded
Council to indicate the
the Allied Products
real and personal property tax
Approved this 12th day of August, 1988, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Jay NimtA, Pre- s,ident
ATTEST:
rw
P
Roma Piasecki, Secretary
DESCRIPTION OF PARCELS OF REAL ESTATE IN
ST. JOSEPH COUNTY, INDIANA
Parcel 1:
A part of the N.E. 1/4 of Section 14, Twp. 37 N., R. 2 E., more
particularly described as follows:
Commencing at the intersection of the North Line of the
Michigan Central Railroad Right -of -Way and the East Line of
Kendall Street, said point being the Southwest corner of Tract
No. 4 of the Studebaker Corporation Replat, as recorded in Plat
Book 11, Page 184, in the Office of the Recorder of St. Joseph
County, Indiana; thence North along the East line of Kendall
Street a distance of 233.93 feet to the intersection of said
East line of Kendall Street with the South line of Broadway
Street projected West; thence No. 89 °22'40" E. along said South
line of Broadway Street projected West, a distance of 149.32
ft. to the Point of Beginning; thence continuing No. 89 022'40"
E. along said South line of Broadway Street projected west a
distance of 505.85 ft. to a point; thence No. 00 001'19" E. a
distance of 1165.66 ft. to a point; th -,nce No. 89 055'34" W. a
distance of 506.27' ft. to a point; thence S. 00 000'00" E. a
distance of 1171.80 ft. to the point of beginning.
Parcel 2:
(a) Easement for the purpose of vehicular and pedestrian
ingress and egress to and from Parcel 1, described as follows:
A part of the Northeast Quarter of Section 14, Township 37
North, Range 2 East, more particularly described as follows:
Commencing at the intersection of the North line of the
Michigan Central Railroad Right -of -Way and the East line of
Kendall Street, said point being the Southwest corner of Tract
No. 4 of the Studebaker Corporation Replat, as recorded in Plat
Book 11, Page 184, in the Office of the Recorder of St. Joseph
County, Indiana; thence North along the East line of Kendall
Street a distance of 233.93 ft. to the intersection of said
East line of Kendall Street with the South line of Broadway
Street projected West; thence No. 89 022'40" E. along said South
line of Broadway Street projected West a distance of 655.17
feet for a point of beginning; thence continuing N. 89 022'40"
E. along said South line of Broadway Street projected West a
distance of 736.86 ft.' to the West line of Franklin Street;
it thence Northerly along the said West line of Franklin Street a
distance of 74.25 ft. to its intersection with the North line
of Broadway Street projected West; thence S. 89 022'40" W. along
the said North line of Broadway Street projected West a
distance of 736.82 ft. to a pointer thence S. 00 001'19" W. a
distance of 74.26 ft. to the point_of beginning.
(b) Easement for storm and sanitary sewer drainage purposes
from Parcel 1, described as follows:
A part of the Northeast Quarter (1/4) of Section 14, Township
37 North, Range 2 East, more particularly described as follows:
Beginning at a point 1,402.35 feet North and 149.69 feet East
of the S.W. corner of Tract No. 4 of the Studebaker Corporation
Replat as recorded in Plat Book 11, Page 184 in the Office of
the Recorder of St. Joseph County, Indiana, said line being
also the intersection of the North Line- of the Michigan Central
Railroad right -of -way and the East line of Kendall Street;
thence S. 00 000'00" E. a distance of 20.00 feet to a point;
thence N. 89 055'34" W. a distance of 203.89 feet to a point;
thence N. 00 000'00" E. a distance of 179.52 feet to a point;
thence N. 88 030158" W. a distance of 298.17 feet to the
Easterly line of Prairie Avenue, said line being also the
Westerly line of Tract No. 4 of the Studebaker Corporation
Replat as recorded in Plat Book 11, page 184 in the Office of
the Recorder of St. Joseph County, Indiana; thence N. 28 014'42"
E. along said Easterly line of Prairie Avenue a distance of
22.40 feet to a point; thence S. 88 030'58" E. a distance of
307.59 feet to a point; thence S. 00 °00'00" E. a distance of
179.03 feet to a point; thence S. 89 055'34" E. a distance of
183.86 feet to the point of beginning.
Also a part of the N.E. 1/4 of Section 14, Twp. 37 N., R. 2 E.,
more particularly described as follows:
Beginning at a point 298.27 feet North and 149.69 feet East of
the S.W. corner of tract No. 4 of the Studebaker Corporation
Replat as recorded in Plat Book 11, Page 184 in-the Office of
the Recorder of St. Joseph County, Indiana, said line being
also the intersection of the North line of the Michigan Central
Railroad right -of -way and the East line of Kendall Street;
thence N. 00 000'00" E. a distance of 20.00 feet to a point;
thence N. 89 044'51" W. a distance of 149.18 feet to the E. line
of Kendall Street, said line being also the Westerly line of
Tract No. 4 of the' Studebaker Corporation Replat, as recorded
in Plat Book 11, Page 184 in the Office of the Recorder of St.
Joseph County, Indiana; thence Southerly along the said E. line
of Kendall Street a distance of 20.00 feet to a point; thence
S. 89 044'51" E. a distance of 149.21 feet to the point of
beginning.
(c) Easement for use of railroad purposes to and from Parcel 1,
described as follows:
A part of the Northeast Quarter (1/4) of Section 14, Township
37 North, Range 2 East, more particularly described as follows:
Beginning at the intersection of the North line of the Michigan
Central Railroad right -of -way and the East line of Kendall
Street, said point being the S.W. Corner of Tract No. 4 of the
Studebaker Corporation Replat, as recorded in the Plat Book 11,
page 184 in the Office of the Recorder of St. Joseph County,
Indiana; thence North along the East line of Kendall Street a
distance of 29.90 feet for a point of beginning; thence
continuing North on the said East line of Kendall Street a
distance of 25.00 feet; thence No. 89 040'37" E. a distance of
41.80 feet to the point of curvature of a curve concave to the
Northwest and having a central angel of 77 °11'29" and a radius
of 233.09 feet; thence Northeasterly along said curve an arc
distance of 314.03 feet to the South line of Broadway Street
projected West; thence N. 89 022'40" E. along said South line a
distance of 34.50 feet to its intersection with a curve concave
to the Northwest and having a central angle of 20 012'58" and a
radius of 360.95 feet; thence Southwesterly along said last
described curve an arc distance of--127.36 feet to the point of
compound curvature with a curve -Concave to the Northwest and
having a central angle of 20 012'00" and a radius of 258.09
feet; thence Southwesterly along said last described curve an
arc distance of 91.21 feet to its intersection with a curve
concave to the Northwest and having a central angle of 9 °29'12"
and a radius of 716.78 feet; thence Northeasterly along said
last described curve an arc distance of 118.68 feet to the
point of compound curvature with a curve concave to the
Northwest and having a central angle of 35 045'48" and a radius
of 270.30 feet; thence Northeasterly along said last described
curve an arc distance of 168.72 feet to the aforesaid South
line of Broadway Street projected West thence N. 89 022'40" E.
along said South line a distance of 27.40 feet to its
intersection with a curve concave to the Northwest and having a
rw central angle of 28 03651" and a radius of 295.30 feet; thence
Southwesterly, along said last described curve an arc distance
of 147.48 feet to its intersection with a line having a bearing
of N. 67 °22140" E.; thence N. 67 022'40" E. along said line a
distance of 183.62 feet to the point of curvature of a curve
concave to the Northwest and having a central angle of
10 009'21" and having a radius of 347.70 feet; thence
Northeasterly along said last described curve an arc distance
of 61.63 feet to the aforesaid South _line of Broadway Street
projected West; thence N. 89 022'40" E. along said South line a
distance of 67.07 feet; thence S. 67 022'40" W. a distance of
294.02 feet to the point of curvature of a curve concave to the
Northwest and having a central angle of 27 017'57" and a radius
of 658.57 feet; thence Southwesterly along said last described
curve an arc distance of 313.92 feet to the point of tangency
of said curve; thence S. 89 040'37" W. a distance of 53.02 feet
to the point of beginning.
All of the foregoing being situated in the City of South Bend,
County of St. Joseph, State of Indiana.
0
3
t