HomeMy WebLinkAboutNo. 0736 resolution approving an application for real property tax deduction (Marietta Associates, Disposition Parcel No. 7)R
RESOLUTION NO. 736
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 851
Marietta Associates for real property tax abatement consideration
for the property known as Disposition Parcel No. 9 and part of
Parcel No. 7 in the Monroe Sample Development Area, the legal
description of 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; and
WHEREAS, Disposition Parcel No. 9 and part of Parcel No. 7
in the 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 851
Marietta Associates for real property tax abatement consideration
for real property tax abatement on Disposition Parcel No. 9 and
part of Parcel No. 7 in the Monroe 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 approval of
851 Marietta Associates' petition for real property tax
abatement.
Approved this 26th day of April, 1985, at the regularly
scheduled meeting of the South Bend Redevelopment commission.
SOUTH BEND REDEVELOPMENT COMMISSION
k
Jay N�mtz,
ATTEST:
b-A 47
Roman Piasec i, Secretary
esident
A parcel of land being
4th Addition, and part
Addition, City of South
particularly described
"EXHIBIT A"
a part of Lots 91 -98 and 99 -106 J. Rush's
of Lot 124, 125, and 132, E.H. Rush's
Bend, Indiana, and being more
as follows:
Beginning at the intersection of the new South
right -of -way line of Bronson Street (60 feet R /W) and
the centerline of the now vacated Clinton Street;
thence South 89 °- 49' -00" East along the new South
right -of -way line of Bronson Street (60 feet R /W), a
measured distance of 249.00 feet; thence South
440- 56' -31' East, a measured distance of 28.35 feet to
the new West right -of -way line of Marietta Street (60
R /W); thence South 0 °- 03' -24' East along said West
right -of -way line of Marietta Street, a measured
distance of 359.00 feet; thence North 890- 49' -00" West,
a measured distance of 269.02 feet to the centerline of
now vacated Clinton Street; thence North 00- 03' -24"
West along said centerline of now vacated Clinton
Street, a measured distance of 379.00 feet to the place
of beginning containing 2.3361 acres more or less.