HomeMy WebLinkAboutNo. 0788 approving an application for real property tax deduction (Mastic Division of Kousan, Inc., 1507 S. Olive)RESOLUTION NO. 788
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 Mastic Division of Kousan, Inc. for real property located at
1507 S. Olive in the Rum Village Industrial Park, the legal
description of which is attached hereto, marked Exhibit "A" and
incorporated herein; and
WHEREAS, this Commission declared the Rum Village
Industrial Park by Resolution No. 650 adopted December 8, 1981 and
in the same resolution declared the Rum Village Industrial Park
(South Bend Allocation Area No. 4); and
WHEREAS, the property located at 1507 S. Olive is located
within the Rum Village Industrial Park (South Bend Allocation Area
No. 4);
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission as follows:
1.) The Commission finds that the application of
Mastic Division of Kousan, Inc. for ten years of real
property tax abatement consideration at 1507 S. Olive
in the Rum Village Industrial Park (South Bend
Allocation Area No. 4) 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 Mastic Division of Kousan,
Inc.'s peition for real property tax abatement.
Approved this 10th day of October 1986, at the regularly
scheduled meeting of the South Bend Redevelopment Commission.
ATTEST:
Roman Piasecki, Secre ary
2/b
SOUTH BEND REDEVELOPMENT COMMISSION
N.
F. Jay Nimtz, President
f
EXHIBIT "A"
Real Estate in St. Joseph County, in the State of Indiana, described as
follows:
PARCEL I - A lot or parcel of land situated in the West Half (1/2) of the
Southeast Quarter (1/4) of the Northwest Quarter (1/4) of Section 15,
Township 37 North, Range 2 East, described as follows: Beginning at the
point of intersection of the South line of the St. Joseph, South Bend and
Southern Railroad Company's right of way with the East line of the
aforesaid West Half (1/2) of the Southeast Quarter (1/4) of the Northwest
Quarter (1/4) of said Section 15, said point of beginning being Four
Hundred Eleven and Six Tenths (411.6) feet North of and Six Hundred
Sixty -Five and Two Tenths (665.2) feet West of the center of said Section
15; thence running West along the South line of the right of way of said
St. Joseph, South Bend and Southern Railroad Company, Six Hundred
Sixty -Two and Forty -Eight Hundredths (662.48) feet, more or less, to the
West line of the aforesaid West Half (1/2) of the Southeast Quarter (1/4)
of the Northwest Quarter (1/4) of Section 15; thence South along last
mentioned line, two Hundred One and Forty -Five Hundredths (201.45) feet;
thence East Six Hundred Sixty -Two and Seventy -Four Hundredths (662.74)
feet more or less, to the East line of the aforesaid West Half (1/2) of
the Southeast Quarter (1/4) of the Northwest Quarter (1/4) of said
Section 15; thence North along said last mentioned line Two Hundred Three
,,. and Seventy -Five Hundredths (203.75) feet to the place of beginning.
PARCEL II - Beginning at a point 308.9 feet North and 30 feet West of the
center of Section 15, Township 37 North, Range 2 East, thence North along
the West line of Olive Street, a distance of 102.7 feet to the South line
of the St. Joseph, South Bend and Southern Railroad Co.'s right of way;
thence West along the South line of said company's right of way, a
distance of 635.2 feet to the West line of the East Half of the Southeast
Quarter of the Northwest Quarter of said Section 15; thence South 146.2
feet; thence East 477.8 feet; thence North 25 feet 9 inches; thence East
157.4 feet to the West line of Olive Street; thence North 19 feet 3
inches to the place of beginning, all in Section 15, Township 37 North,
Range 2 East.
PARCEL III - A lot or parcel of land in the East Half of the Southeast
Quarter of the Northwest Quarter of Section No. 15, Township No. 37
North, Range No. 2 East, bounded by a line running as follows: Beginning
at a point Two Hundred Sixty -Three and Nine - Tenths (263.9) feet North and
One Hundred Eighty -Seven and Four - Tenths (187.4) feet West of the center
of said Section No. 15; thence West Four Hundred Seventy -Seven and
Eight- Tenths (477.8) feet to the West line of the East Half of the
�„► Southeast Quarter of the Northwest Quarter of said Section No. 15; thence
South along the West line of the East Half of the Southeast Quarter of
the Northwest Quarter of Section No. 15, a distance of fifty -seven and
Fifty -Five One Hundredths (57.5) feet; thence East a distance of One
Hundred Ninety -Eight and Seventy -Five Hundredths (198.75) feet; thence
North Forty -Seven and Fifty -Five One Hundredths (47.55) feet; thence East
Two Hundred Seventy -Nine and Twenty -Five One Hundredths (279.25) feet;
thence North Ten (10) feet to the place of beginning.
PARCEL IV - A parcel of land situated in the West One -Half of the
Southeast Quarter of the Northwest Quarter of Section 15, Township 37
North, Range 2 East, St. Joseph County, Indiana, more particularly
described as follows: Beginning at a point on the East line of the West
One -Half of the Southeast Quarter of the Northwest Quarter of said
Section 15, 203.75 feet South of the intersection of the South line of
the right of way now or formerly owned by St. Joseph, South Bend and
Southern Railroad Company with the said East line of the West One -Half of
the Southeast Quarter of the Northwest Quarter of Section 15, said point
of intersection being 411.6 feet North of and 665.2 feet West of the
center of said Section 15; thence South along the said East line of the
West One -Half of the Southeast Quarter of the Northwest Quarter of
Section 15, 177.25 feet, more or less, to a point in a line parallel to
and distant 26.5 feet Northerly, by rectangular measurement, from the
East and West center line of said Section 15; thence West along said
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parallel line 663 feet, more or less, to a point in the West line of the
said West One -Half of the Southeast Quarter of the Northwest Quarter of
said Section 15; thence North along said West line of the West One -Half
of the Southeast Quarter of the Northwest Quarter of Section 15, 174.95
feet, more or less to a point 201.45 feet South of the said south line of
the right of way now or formerly owned by St. Joseph, South Bend and
Southern Railroad Company; thence Easterly along a straight line, 662.74
feet, more or less, to the point of beginning.
PARCEL V - All of the Southwest Quarter (1/4) of the Northwest Quarter
(1/4) of Section 15, Township 37 North, Range 2 East lying South of the
right of way, now or formerly owned by the St. Joseph South Bend and
Southern Railroad Company and being more particularly described as
follows: Beginning at the Southeast corner of said Southwest Quarter
(1/4) of said Northwest Quarter (1/4); thence West along the South line
of the said Southwest Quarter (1/4) of the said Northwest Quarter (1/4) a
distance of 1327.393 feet to an iron pin at the Southwest corner of said
Southwest Quarter (1/4) of said Northwest Quarter (1/4); thence North
along the West line of said Southwest Quarter (1/4) of said Northwest
Quarter (1/4) a distance of 395.098 feet to an iron pin in the South
right of way line of the right of way now or formerly owned by said St.
Joseph, South Bend and Southern Railroad Company; thence East along the
South right of way line of said St. Joseph, South Bend and Southern
Railroad Company right of way a distance of 1326.95 feet to the East line
of said Southwest Quarter (1/4) of said Northwest Quarter (1/4) (which
point is in the center line of Kaley Street); thence South along said
East line of said Southwest Quarter (1/4) of said Northwest Quarter (1/4)
a distance of 402.90 feet to the point of beginning.
PARCEL VI - Beginning at a point on the West line of Kaley Street at the
intersection of the South right of way line of St. Joseph, South Bend and
Southern Railroad, thence South along the West line of Kaley Street, Four
Hundred Two and Ninety- Hundredths (402.90) feet, more or less to the
East -West center line of Section 15, Township 37 North, Range 2 East;
thence East on said East -West center line Thirty (30) feet to the center
line of Kaley Street; thence North along said center line Twenty -Six and
Fifty Hundredths (26.50) feet; thence East parallel with said East -West
center line of Section 15, Thirty (30) feet to the East line of Kaley
Street; thence North Three Hundred Seventy -Six and Four Hundredths
(376.40) feet, more or less, to said South right of way line of the St.
Joseph, South Bend and Southern Railroad; thence West along said right of
way line Sixty (60) feet to the place of beginning.
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