HomeMy WebLinkAboutNo. 0704 approving an application for real property tax deduction (George R. Hudson's Subdivision)RESOLUTION NO. 704
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 real property tax abatement consideration from Crescent Realty
Corporation for real property tax abatement consideration for the
property known as Disposition Parcel No. 18 of the Monroe - Sample
Development Area, the legal description which is attached hereto,
marked Exhibit "A," and incorporated herein; and
WHEREAS, this Commission declared the Monroe - Sample Development
Area by Resolution No. 633, adopted February 2, 1981, and declared
South Bend Allocation Area No. 3 by Resolution No. 633, adopted
February 2, 1981.
WHEREAS, Disposition Parcel No. 18, Monroe - Sample Development
Area is located within South Bend Allocation Area No. 3.
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment
Commission, as follows:
1. The Commission finds that the application of Crescent
Realty Corporation for real property tax abatement consideration for
real property tax abatement on Disposition Parcel No. 18 in the
Mcnroe- Sample Development Area 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
Crescent Realty Corporation petition for real property tax
abatement.
REDEVELOPMENT COMMISSION
cl ja_ /V
Paula N. Auburn, Vice President
ATTEST:
Approved: April 27, 1984
EXHIBIT A
LEGAL DESCRIPTION
DESCRIPTION
A PARCEL OF LAND BEING LOTS 4,5,6,8,9, and 10, AND A VACATED 10
FOOT WIDE ALLEY LYING ADJACENT TO SAID LOT 8, IN GEORGE R. HUDSON'S
SUBDIVISION OF PARTS OF LOT 19 AND 20 IN DENNISTON AND FELLOW'S
ADDITION, SOUTH BEND, INDIANA, AND BEING MORE PARTICULARLY DESCRIBED
AS FOLLOWS, VIZ:
BEGINNING AT THE INTERSECTION OF THE SOUTH RIGHT -OF -WAY LINE OF
MCNROE STREET (82.5 FEET WIDE) AND THE WEST RIGHT -OF -WAY LINE OF
COLUMBIA STREET (66 FEET WIDE), SAID INTERSECTION BEING THE NORTH
EAST CORNER OF LOT 4 IN SAID GEORGE R. HUDSON'S SUBDIVISION; THENCE
SOUTH 0 -00' -00" WEST (BEARING ASSUMED) ALONG SAID WEST LINE OF
COLUMBIA STREET AND THE EAST LINE OF LOTS 4,8,9, AND 10 IN SAID
SUBDIVISION, A MEASURED DISTANCE OF 264.76 FEET TO THE SOUTHEAST
CORNER OF SAID LOT 10; THENCE NORTH 89 -36' -01" WEST, ALONG THE
SOUTH LINE OF SAID LOT 10, A MEASURED DISTANCE OF 132.69 FEET TO THE
SOUTHWEST CORNER OF SAID LOT 10; THENCE NORTH 0 -10' -35" WEST,
ALONG THE WEST LINES OF SAID LOTS 10,9, and 8, AND SAID LINE
PROJECTED A MEASURED DISTANCE OF 150.11 FEET TO A POINT ON THE SOUTH
LINE OF LOT 6 IN SAID SUBDIVISION: THENCE NORTH 89 -56' -26" WEST,
ALONG THE SOUTH LINE OF SAID LOT 6, A MEASURED DISTANCE OF 15.86
FEET TO THE SOUTHWEST CORNER OF SAID LOT 6; THENCE NORTH 0 -19' -13"
EAST, ALONG THE WEST LINE OF SAID LOT 6, A MEASURED DISTANCE OF
114.13 FEET TO THE NORTHWEST CORNER OF SAID LOT 6; THENCE SOUTH 89
-50' -14" EAST, ALONG THE NORTH LINE OF LOTS 6, 5, AND 4 IN SAID
SUBDIVISION AND SAID SOUTH LINE OF MONROE STREET, A MEASURED
DISTANCE OF 148.37 FEET TO THE POINT OF BEGINNING CONTAINING
36,954.4 SQUARE FEET, MORE OR LESS.
SUBJECT TO ANY EASEMENTS, CONVENANTS, OR RESTRICTIONS OF
RECORD.