HomeMy WebLinkAboutNo. 0850 approving an application for personal property tax deduction (Schafer Gear Works, Inc., 814 S. Main St.).1y. __VP,
RESOLUTION NO.850
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 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 Schafer Gear Works, Inc. for personal property
located at 814 S. Main St. in the Studebaker Corridor Development
Area, the legal description of which is attached hereto, marked
Exhibit "A" and incorporated herein; and
WIiEREAS, this Commission declared the Studebaker Corridor
Development Area by Resolution No. 762 adopted January 10, 1986 and
in the same resolution declared the Studebaker Corridor Allocation
Area (South Bend Allocation Area No. 6); and
WHEREAS, the property located at 814 S. Main St. 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
Schafer Gear Works, Inc. for five years of personal
property tax abatement consideration located at 814 S.
Main St. in the Studebaker Corridor Allocation Area
(South Bend Allocation Area No. 6) is hereby approved.
2.) That a copy of this resolution be forwarded
to the Scuth Bend Common Council to indicate the
Commission's approval of the Schafer Gear Works, Inc.
petition for personal property tax abatement.
Approved this 8th day of July, 1988, at the regularly
scheduled meeting of the South Bend Redevelopment Ccmmission.
SOUTH BEND REDEVELOPMENT COMMISSION
ATTEST:
1
Roman Piasecki, Secretary
2 /h.
X . .
EXHIBIT A to Resolution No. 8.50.
LEGAL - D'ES'CRIPTION OF .REAL PROPERTY
PARCEL I: All,of Lots Numbered,One Hundred Nine(109)
and One Hundred Ten ('110) as shown on the - recorded Plat
of Daniel Garst's l.st' addition to South •Bexid City,
now within and a par't.of the Cit,y.of.South Bend.
PARCEL II: A.1.1-of Lots Numbered Two Hundred Fifty -seven
(257) and Two Hundred Fifty- eight (258) as shown on
the recorded Plat of'.'Daniel Garst's Subdivision of
• part of his 1st addition to South Bend City, now
• part of the. City ,ol South Bend..
PARCEL III: All.of Lots Numbered Two Hundred Eleven
(211) and Two Hundred Twelve (212.) as shown on the
recorded Plat of Daniel Garst's 1st addition to the
South..Bend City,. now within and apart of the City
of South Bend.
PARCEL IV: Beginning at the Northwest corner of Lot'
Two Hundred Twenty (220) in Garst's First ,addition to
South Bend City'now within and a part of the City
of South Bend, Indiana, as recorded.i'n Plat Book 3,
page 41 in the Office of the Rec.,order of St.,Joseph
County, Indiana said'beginning point being.the inter-'
section of the South line of said vacated 14 foot
alley, with the East right- of- way'line of Main Steet
as now exist; th- ence'North 0 °00'.00" East (bearing
assumed) alone said ,East right -o;f -way line of Main
Street, a measured distance of 52.13 feet to the South
line of the North 30.00 feet of ,said Lot Two Hundred
Sixty (260); thence North 89 °57.'4.0" East alone said
South line and parallel with the'-North line of
said Lot 260, a measured distance of 200.37 feet to
the East line of Lot Two Hundred'Twelve (212) in Garst's
First, addition; ...thence Sout 0 °10'.21" West along the
East line of said Lot 212, a meaqured distance of
51.93.feet to the Northeast corner of Lot Two Hundred
Thirteen ( 213) in said Garst's First addition
being also the Southeast corner of a 14 foot alley'
vacated by Vacation-'Resolution .3444; thence South
89 °56'20" West along, th,e South line of said vacated.,.,.
14 foot alley a measured distance of 200.25 feet to
the place of beginning.'
PARCEL V All ,of.Lots Numbered Two Hundred Thirteen
(213), Two Hundred Fourteen (214), Two Hundred.Fifteen
(215), Two Hundred Sixteen (216), and the East 10 feet
of Lot Numbered.Two Hundred Seventeen (217) all as
shown on the recorded. Plat of Daniel Garst.'s 1st addition
South Bend City, now within and apart of the City of
South Bend, excepting therefrom the South 125 feet thereof..
PARCEL VI: All of ,L'ot's Numbered 'Two 'Hundred Eight (218),
Two Hundred Nineteen (219) and Tw:o Hundred: Tweny (220)
and the West 15 feet,of Lot Numbered Two Hundred Seven-
teen (217) all as shown on the recorded plat of Daniel
Garst.'s 1st addition�'to South Bend City, now within
and a part of the City of South 'Bend, excepting there-
from the South 24.5'feet thereof,.