HomeMy WebLinkAboutConfirming Tax Abatement - Manufacturing Technology Inc. 1702 W. Washington St. (6 Year Real Property)Attest:
RESOLUTION
3493 -05
Passed by the Common Council of the City of South Bend, Indiana
July 25,
M
05
20_.
Presented by me to the Mayor of the City of South Bend, Indiana
July 26, 005
Approved and signed by me July 26
City Clerk
President of Common Council
202-5.
City Clerk
0
RESOLUTION NO. SM3 -df-
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY
KNOWN AS
1702 West Washington Street
AS AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A SIX (6) YEAR REAL
PROPERTY TAX ABATEMENT FOR
MANUFACTURING TECHNOLOGY, INC.
WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a
Declaratory Resolution designating certain areas within the City as Economic
Revitalization Areas for the purpose of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly known as 1702
West Washington Street, South Bend, Indiana, and which is more particularly described
as follows:
PARCEL 1: A lot or parcel of Land in the City of South Bend, located in the East Half
of the Northeast Quarter of Section Number Ten (10), Township Number Thirty -seven
(37) North, Range Number Two (2) East, bounded by a line running as follows, viz:
Beginning at a point in the South Line of West Washington Avenue 7.58 feet West from
a point where the West line of College Street extended South would intersect the South
line of said West Washington Avenue thence South 208 feet; thence West 395.87 feet;
thence North 208 feet to the South Line of Washington Avenue, thence East along the
South line of Washington Avenue a distance of 395.87 feet to the place of beginning.
PARCEL 2: Also, beginning at a point in the South line of West Washington Avenue
7.58 feet West from a point where the West line of College Street extended South would
intersect the South line of Washington Avenue and being at the Northeast comer of the
above described tract; thence South along the East line of the above described tract 293.6
feet to an iron stake; thence East 19.69 feet, more or less, to the Southwest corner of a
tract of land conveyed to the South Bend Wholesale Drug Company by deed recorded in
Deed Record 333 page 336; thence North 293.6 feet, more or less, to a point in the South
line of West Washington Avenue 20 fee East of the place of beginning; thence West 20
feet to the place of beginning, subject, however, to a perpetual easement of right of way
in common with the Grantees at all times and for all purposes over the following real
estate for the use and benefit of the South Bend Drug Co., Inc.: A part of the East Half
(1/2) of the Northeast Quarter (1/4) of Section Ten (10), Township Thirty -seven (37)
North, Range Two (2) East, described as follows: Beginning at a point on the South line
of Washington Avenue which is 389.87 feet West of a point which is 7.58 feet West from
the West line of College Street extended South to the South line of Washington Avenue;
thence due South 133.5 feet; thence Easterly 321.3 feet to a point 130.3 feet due South
from the South line of Washington Avenue; thence in a Southeasterly direction 102 feet
to an iron stake, which iron state is 208 feet due South from Washington Avenue; thence
North 46.2 feet; thence in a Northwesterly direction 80.3 feet to a point 100.3 feet due
South from the South line of Washington Avenue; thence Westerly 305.6 feet to a point
due South 103.5 feet from the South line of Washington Avenue, thence North 103.5 feet
to a point on the South line of Washington Avenue which is 30 feet East of the place of
beginning, thence West 30 feet to the place of beginning;
and which has Key Numbers 18- 2001 -0002 and 18- 2001 -0005, as an Economic
Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing
before the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and
WHEREAS, the Council held a public hearing for the purposes of hearing all
remonstrances and objections from interested persons; and
WHEREAS, the Council has determined that the qualifications for an economic
revitalization area have been met.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
Bend, Indiana, as follows:
SECTION I. The Common Council hereby confirms its Declaratory Resolution
designating the area described herein as an Economic Revitalization Area for the
purposes of tax abatement. Such designation is for Real property tax abatement only and
is limited to two (2) calendar years from the date of adoption of the Declaratory
Resolution by the Common Council.
SECTION II. The Common Council hereby determines that the property owner is
qualified for and is granted Real property tax deduction for a period of six (6) years, and
further determines that the petition, the Memorandum of Agreement between the
Petitioner and the City of South Bend, and the Statement of Benefits comply with
Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code
6- 1.1 -12 et seq.
SECTION III. This Resolution shall be in full force and effect from and after its
adoption by the Common Council and approved by the Mayor.
PRESENTED 7 L5 -0r
Filed In Clerk's Office
J U L � 9005
NOT APPROVED L
ADOPTER CITY C'
M,
Member of the CommA Council
1200 CoUNn -Cm BUILDING
227W. JEH ERsoN BOULEVARD
Sourrl BEND, INDIANA 46601 -1830
PHONE 5741235-9371
FAx 574/235 -9021
TDD 574/ 235 -5567
CITY OF SOUTH BEND STEPHEN J. LUEcn, MAYOR
COMMUNITY & ECONOMIC DEVELOPMENT
June 29, 2005 SHARON T. KENDALL
EXECUTIVE DIRECTOR
Council Member Ann Puzzello, Chairperson
Community & Economic Development Committee
South Bend Common Council
4th Floor, County City Building
South Bend, IN 46601
RE: Real Property Tax Abatement Petition for:
Manufacturing Technology, Inc.
Dear Council Member Puzzello:
Please find attached the Department of Community & Economic Development's report on a commercial real
property tax abatement petition for the above identified petitioner for an addition to their current building.
Also attached is a copy of the petition, Statement of Benefits form and supporting information.
The report contains the Department's findings relative to the above petition. The petitioner plans to build a
new 10,200 square foot addition to their current building at 1702 West Washington Street. The total project
cost is estimated at $600,000. The project meets the qualifications for six (6) year real property tax
abatement and a representative from Manufacturing Technology will be available to meet with the
Committee on Monday, July 11, 2005.
Should you or any of the other Council members have any questions concerning the report or need additional
information, please feel free to call me at 235 -5825.
Sincerely,
Tedd Schaffer
Economic Development Specialist
Attachments
c: South Bend Common Council Members
Mayor Stephen Luecke
Sharon Kendall
Don Inks
Bob Mathia
Filed In Clerk's Office
=-6
JOHNYOORDE
CITY CLERK, SO. BEND, IN.
COMMUNm DEVELOPMENT FcoNOMIc DEVELOPMENT FINANc1AL& PROGRAM
PAMELA C. MEYER DONALD E. INKS MANAGEMENT
5741235 -9660 574/235 -9371 ELIEAEETH LEONARD
FAx: 5741235 -9697 574/235 -9371