HomeMy WebLinkAboutNo. 0707 approving an application for real property tax deduction (One-Three-Two Partnership, Ltd., 115 W. Colfax Ave.)RESOLUTION NO. 707
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 Ccuncil has received a
petition for real property tax abatement consideration from
One- Three -Two Partnership, Ltd. for real property tax abatement
consideration for the property located at 115 West Colfax Avenue
of the Central Downtown Urban Renewal Area R -66, the legal
description for which is attached hereto, marked Exhibit "A" and
incorporated herein; and
WHEREAS, this Commission declared the Central Downtown Urban
Renewal Area R -66 by Resolution No. 615, adopted June 6, 1980,
and declared Central Downtown Urban Renewal Allocation Area No. 1
by Resolution No. 615 adopted June 6, 1980; and
WHEREAS, the Commission expanded and redeclared the Central
Downtown Renewal Area by Resolution No. 690, adopted October 14,
1983, and therein declared Amended Allocation Area No. 1; and
WHEREAS, property located at 115 West Colfax Avenue is
located within the Central Downtown Urban Renewal Amended
Allocation Area No. 1.
NOW, THEREFORE, BE IT RESOLVED by the South Bend
Redevelopment Commission as follows:
1. The Commission finds that the application of
One - Three -Two Partnership Ltd. for real property
tax abatement consideration for real property tax
abatement on property located at 115 West Colfax
Avenue in the Central Downtown Urban Renewal
Amended Allocation Area No. 1 is hereby approved.
2. That a copy of this resolution be forwarded to the
South Bend Common Council to indicate the
CW Commission approval of One - Three -Two Partnership
Ltd. petition for real property tax abatement.
Approved
1984, at the
Redevelopment
ATTEST:
this 25th day of May
regularly scheduled meeting of the South Bend
Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
F. Jay Nimtz, President
i
�A-,--' Z)r;f
A. Pe er Donaldson, Secretary
The following described real estate located in the City of
South fiend, St. Joseph County, Indiana:
PARCEL I: A lot or parcel of land 66 feet in width, East and
West, taken off of and from the entire length of the East end
of Lot Numbered 7 as shown on the Original Plat of the Town,
now City, of South Bend, St. Joseph County, Indiana.
PARCEL II: Part of Lot Numbered 8 in the Original Plat of the
Town, now City, of South Bend, St. Joseph County, Indiana,
described as follows: Beginning at the Southeast corner of
said Lot Numbered 8; thence West 88.33 feet along the South
line of said Lot Numbered 8 to a point East 77.29 feet of the
Southwest corner of Lot Numbered 8; thence North 35 feet;
thence East 88.34 feet to the East line of Lot Numbered 8;
thence South 35 feet to the point of beginning.
MtCEL ill: A parcel of land being a part of Lots 8 and 9 on
the Original Plat of the Town, now City, of South Bend, Indiana
as recorded in the Office of the Recorder of St. Joseph County,
Indiana, being more particularly described as follows, viz:
Beginning at a point on the North line of said Lot 9, a
distance of 36.00 feet North 89- 47' -20" West of the Northeast
corner of said Lot; thence South 0- 01' -52" East, parallel with
the West line of a 14 foot wide public alley, a distance of
52.34 feet; thence North 0- 03' -17" West, a distance of 97.07
feet to said North line of Lot 9; thence South 89- 47' -20" West,
along said North line, a distance of 52.38 feet to the place of
beginning.
Exhibit "A"