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Home My WebLink AboutAmending Chapter 2 Additional Economic Development Target Area 2920 W Sample St ORDINANCE No. 7500-85 Passed by the Common Council of the City of South Bend, Indiana August 5, rg 85 Attest: 1 �� City Clerk IRENE K. GAMMON Attes : ' President o - den f Common Council Presented by me to the Mayor of the City of South Bend, Indiana August 6, ig 85 City Clerk IRENE K. GAMMON Approved and signed by me Ig gS r Mayor ORDINANCE NO. 75-06 -SS ORDINANCE AMENDING CHAPTER TWO, ARTICLE XIII OF THE SOUTH BEND MUNICIPAL CODE BY ADDING AN ADDITIONAL ECONOMIC DEVELOPMENT TARGET AREA THERETO, COMMONLY KNOWN AS 2920 W. SAMPLE STREET. STATEMENT OF PURPOSE AND INTENT: The 1983 Indiana General Assembly amended I.C. 36-7-12 to provide at I.C. 36-7-12-38 for the designation of economic development target areas by the Common Council upon favorable recommendation of the Economic Development Commission. I.C. 36-7-12-2 provides that the statutory exclusion of a facility as an "economic development facility" will not be applicable in the case of a facility to be located in an economic development target area if the fiscal body of the governmental unit in question finds that the proposed facility will not have an adverse competitive impact on other facilities of the same kind already operating in the same market area, and if the proposed facility will contribute significantly to the creation of permanent new job opportunities. NOW, THEREFORE, BE IT ORDAINED BY THE SOUTH BEND COMMON COUNCIL, as follows: SECTION I. The South Bend Economic Development Commission has recommended favorably the designation of an additional geographic area within the City of South Bend as an economic development target area. SECTION II. Chapter 2 of the South Bend Municipal Code shall be amended to add an additional subsection to Article 13, "Economic Development Target Areas" as follows: Article 13. Economic Development Target Areas. Section 2-151. Pursuant to I.C. 36-7-12-38, the following specific geographic territories of the City of South Bend shall be economic development target areas: d. The area commonly known as 2920 W. Sample Street. SECTION III. The specific geographic area designated above as AND economic development target area is more particularly described as follows: A lot or parcel of land in the Northwest Quarter of the Northwest Quarter of Section Fifteen (15) , Township Thirty-seven (37 ) North, Range Two (2 ) East, described as follows, to-wit: Beginning on the South line of Sample Street in the City of South Bend, Indiana, at a point 330 feet East and 35 feet South of the Northwest corner of said Section 15; thence East along the South line of Sample Street 400 feet; thence South a distance of 536.78 feet more or less to the Northerly right of way line of the New Jersey, Indiana and Illinois Rail- road; thence Southwesterly along said Northerly right of way line of the New Jersey, Indiana and Illinois Railroad 437 .58 feet more or less to a point due South of the place of beginning; thence North 714.1 feet more or less to the place of beginning. ALSO, a lot or parcel of land in the Northwest Quarter of Section Fifteen (15) , Township Thirty-seven (37 ) North, Range Two (2 ) East in the City of South Bend, St. Joseph County, Indiana described as beginning 35 feet South and 165 feet East of the Northwest Corner of Section 15, Township 37 North, Range 2 East, which beginning point is on the South line of Sample Street; thence East (bearing assumed) 165 feet along the South line of said Sample Street; thence South zero degrees 04 minutes West 714.01 feet to the Northerly Right-of-Way line of the New Jersey, Indiana and Illinois Railroad Right-of-way; thence South 65 degrees 59 minutes 50 seconds West 251.6 feet along said Northerly Right-of-way; thence North zero degrees 02 minutes 50 seconds East 587 .24 feet to a point 229 feet South and 65 feet West of place of beginning; thence North 89 degrees 50 minutes 50 seconds East 65 feet; thence North zero degrees 02 minutes 50 seconds East 229 feet to place of beginning. EXCEPTING THEREFROM, A parcel of land being a part of the Northwest Quarter of Section Fifteen (15) , Township Thirty-seven (37 ) North, Range Two (2 ) East in the City of South Bend, St. Joseph County, Indiana, described as follows: Starting at a point 35 feet South and 165 feet East of the Northwest corner of Section 15, Township 37 North, Range 2 East which point is on the South line of East Sample Street; thence South 0 degrees 2 minutes 50 seconds West, 229 feet to the true point of beginning for this description; thence continuing as an extension to the last described line South 0 degrees 2 minutes 50 seconds to the Northerly right-of-way line of the Norfolk and Western Railroad (N.J.I. and I.R.R. ) ; thence South 65 degrees 59 minutes 50 seconds West in a 2. Southwesterly direction along the railroad right-of-way to a point which is 109.4 feet Northeasterly as measured on said railroad right-of-way from the West line of Section 15, Township 37 North, Range 2 East; thence North 0 degrees 2 minutes 50 seconds East, 587.24 feet to a point (which point is 264 feet South and 100 feet East of the Northwest corner of said Section 15) ; thence North 89 degrees 50 minutes 50 seconds East, 65 feet to the point of beginning. SECTION IV. Pursuant to the requirements of I.C. 36-7-12-2 the Common Council hereby finds that the facility to be located at 2920 W. Sample Street will not have an adverse competitive impact on other facilities of the same kind already operating in the same market area and will contribute significantly to the creation of permanent new job opportunities. SECTION V. This ordinance shall be in full force and effect from and after its passage and signature by the Mayor. gp - L m er of the Co ors ounci1 � .. z' Sri.) item �, PFPN k Ycn 31: ry. sacx S kF :M.. 1. —:.r # 0 -a'S !U t 3 1985.: n,C rEAk: - Sr8 21d READING 8 ,. NOT APPROVED g, 3 . i P �aE {',i;' :S', ,.,"'N CITY v ` ,. BEN F), IN REFERRED o PARKER, BRUNNER & HAMILTON ATTORNEYS AT LAW 1100 HAZLITT BUILDING ROBERT M.PARKER 120 WEST LASALLE AVENUE THOMAS J.BRUNNER,JR. SOUTH BEND, INDIANA 46601 TELEPHONE JOHN C.HAMILTON 1219)234-4149 TIMOTHY J.HARTZER July 31, 1985 Members of the South Bend Common Council 4th Floor County-City Building South Bend, IN 46601 Re: Designation of 2920 W. Sample Street as an. Economic. Development_ Target_ Area Dear Council Members: GEM Partnership, an Indiana partnership, respectfully requests that the property for which it seeks the issuance of economic development revenue bonds be declared an Economic Development Target Area. An inducement resolution regarding this project was previously filed with the South Bend Economic Development Commission and subsequently approved by the South Bend Common Council on July 2, 1985. The public hearing on the GEM project will be held before the Council on August 5, 1985. The purpose of the enclosed resolution is to insure compliance of GEM Partnership with the requirements of Indiana Code 36-7-12-1, et seq. It is the purpose of the partnership to obtain industrial development revenue bonds issued by the City of South Bend, in the aggregate principal amount of approximately $1,000,000. The proceeds of the bond issue will be used to purchase the Sears Warehouse building and associated property and to carry out such construction as is required to convert the building into a distribution and operation center for General Microcomputer as follows: 1. Warehouse space: 40,000 square feet 2. Service space: 5,000 square feet 3. Manufacturing space: 10,000 square feet 4. Office space: 30,000 square feet (2 levels of 15,000 square feet each) 5. Parking space: 200 cars (estimated) Members of the South Bend Common Council July 31, 1985 Page 2 It is estimated that this project will result in the creation of approximately 25 new jobs within one year of General Microcomputer's occupancy of the facility. It is further estimated that these new jobs will generate an annual payroll of approximately $300,000 per year. GEM Partnership respectfully requests your favorable consideration of this ordinance. Very ruly Th. as nne TJB:cce cc: Kenneth P. Fedder, Esq. (w/encl) Christopher J. Murphy, III (w/encl) Ronald J. Jaicomo, Esq. (w/encl)