HomeMy WebLinkAboutNo. 0806 approving an application for real property tax deduction (One Michiana Square Associates, 220 W. Colfax St.)-1 � 1
RESOLUTION NO. 806
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 ten years of real property tax abatement consideration
from One Michiana Square Associates for real property located at 220
W. Colfax St. 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 220 W. Colfax St. 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 of
One Michiana Square Associates for ten years of real
property tax abatement consideration located at 220 W.
Colfax St. 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 One Michiana Square
Associates petition for real property tax abatement.
Approved this 10th day of July, 1987, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
ATTEST:
0, 7-7P.
Roman Piasecki, Secretary
2/h
SOUTH BEND REDEVELOPMENT COMMISSION
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EXHIBIT "A"
Parcel I:
Lots Numbered One (1), Two (2), Seven (7), Eight (8), and the
East one -third (1/3) of Lot Number Four (4) as shown on the
recorded plat of J. C. Knoblock's Subdivision of Lots Numbered
245 and 246 in the Original Plat of the Town, now City, of South
Bend, Indiana, recorded in Plat Book 8, page 15 in the Office of
the Recorder of St. Joseph County, Indiana.
EXCEPTING from said Lot Number Two (2) the following: A strip of
land bounded by a line described as beginning at the Northwest
corner of Lot 2 in Knoblock's Subdivision of Lots 245 and 246 in
the original plat of South Bend, Indiana, thence running easterly
on the North line of said Lot 2 a distance of 31.65 feet to a
point that is 0.50 feet east of the east end of the existing
Party Wall; thence south a distance of 1.25 feet; thence westerly
parallel with 'the North line of said Lot 2 to a point on the West
line thereof, said point being 1.25 feet south of the point of
beginning; thence North on the West line of Lot 2 along the west
end of said Party Wall to the place of beginning; said exception
being the real estate described in that certain Quit -Claim Deed
dated March 21,•1986, and recorded as Instrument 8606081 in the
Office of Recorder, St. Joseph County, Indiana.
Said Lot Number Two (2) is subject to the terms and provisions of
a certain privilege agreement dated March 21, 1986, and recorded
as Instrument 8606082 in the Office of Recorder, St. Joseph
County, Indiana.
Said Lot Number Two (2) is subject to the terms and provisions of
a certain "Party Wall Cancellation Agreement" dated April 25,
1986, and recorded as Instrument #8606080 in the Office of
Recorder, St. Joseph County, Indiana.
Parcel II:
ALSO, Lot Numbered Two Hundred Forty -Four (244) and the East 60
feet of Lots Numbered Two Hundred Forty -Five (245) and Two
Hundred Forty -Six (246) as shown on the Original Plat of the
Town, now City, of South Bend, Indiana.
Subject to any rights public may have to use a private alley
located over the South 10 feet of the East 60 feet of said Lot
Two Hundred Forty -Five (245).
Parcel III:
Lot Lettered "A" as shown on the recorded plat of J.C.
Knoblock's Subdivision of Lots Two Hundred Forty -Five (245) and
Two Hundred Forty -Six (246) in the Original Plat of the Town, now
City, of South Bend, Indiana, recorded in Plat Book 8, page 15,
in the office of the Recorder of St. Joseph County, Indiana, said
alley being ten (10) feet in width, East and West, and fifty (50)
feet in length, North and South, being adjacent to and East of
Lots One (1), Two (2), and the South Onehalf (1/2) of Lot Three
(3) in said J.C. Knoblock's Subdivision of said Lots Numbered 245
and 246.
Subject to the right of the owner of Lot Numbered Three (3) in
said J.C. Knoblock's Subdivision of Lots Numbered 245 and 245 in
the Original Plat of the Town; now City, of South Bend, Indiana,
to use said alley designated Lot "A" on the aforesaid plat.
The building located upon the described real estate was entered
on the National Register-of Historic Places on June 5, 1985, and
is subject to -the terms and provisions of-the---National-Historic------
Preservation Act of 1966.