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HomeMy WebLinkAboutConfirming Tax Abatement - Stanz Cheese Co. Inc. D/B/A Stanz Foodservice Inc. Lot 5 U.S. 31 Industrial Park Phase II (10 Year Real Property)Attest: RESOLUTION 3463 -05 Passed by the Common Council of the City of South Bend, Indiana May 23, 05 20_. Presented by me to the Mayor of the City of South Bend, Indiana May 24, Approved and signed by me 05 May 24, City Clerk President of Common Council 05 20— . City Clerk RESOLUTION NO. 31 0 ` 0� A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS LOT 5 IN THE U.S. 31 INDUSTRIAL PARK, PHASE II AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR STANZ CHEESE CO., INC. D /B /A STANZ FOODSERVICE, 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 Lot 5 in the U.S. 31 Industrial Park, Phase II, South Bend, Indiana, and which is more particularly described as follows: A PART OF THE SOUTHWEST QUARTER OF SECTION 17, TOWNSHIP 38 NORTH, RANGE 2 EAST, GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA: LOT 5, AS SAID LOT IS KNOWN AND DESIGNATED ON THE PRIMARY PLAT OF U.S. 31 INDUSTRIAL PARK, PHASE II, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A 1 INCH PIPE MARKING THE SOUTHWEST CORNER OF SAID SECTION 17, THENCE SOUTH 89 DEGREES 58'26" EAST, ON THE SOUTH LINE OF SAID SECTION 17, A DISTANCE OF 1303.60 FEET; THENCE NORTH ZERO DEGREES 12'42" WEST, ON THE EAST LINE OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SAID SECTION 17, A DISTANCE OF 1526.61 FEET TO THE POINT OF BEGINNING; THENCE NORTH 89 DEGREES 57'04" WEST, 649.13 FEET TO A 5/8 INCH BAR AND CAP; NORTHWESTERLY, ALONG A 380.00 FOOT RADIUS CURVE TO THE LEFT, AN ARC LENGTH OF 191.96 FEET (SUBTENDED BY A CHORD BEARING NORTH 23 DEGREES 19'13" WEST, A DISTANCE OF 189.93 FEET) TO A 5/8 INCH BAR AND CAP; THENCE NORTH 37 DEGREES 47'32" WEST, 103.76 FEET TO A 5/8 INCH BAR AND CAP; THENCE NORTHWESTERLY, ALONG A 320.00 RADIUS CURVE TO THE RIGHT, AN ARC LENGTH OF 209.62 FEET TO A 5/8 INCH BAR AND CAP; THENCE NORTH ZERO DEGREES 15'35" WEST, 684.55 FEET TO A 5/8 INCH BAR AND CAP ON THE NORTH LINE OF THE SOUTHWEST QUARTER OF SAID SECTION 17; THENCE SOUTH 89 DEGREES 57'16"-EAST, ON SAID NORTH LINE, 853.92 FEET TO THE EAST LINE OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SAID SECTION 17; THENCE SOUTH ZERO DEGREES 12'42" EAST, ON THE EAST LINE OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SAID SECTION 17, A DISTANCE OF 1135.48 FEET TO THE POINT OF BEGINNING. and which has Key Number 25- 1009 - 015209, 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 ten (10) 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 etseo. 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. Member of the Common ouncil PRESENTED S -2.3 -Or NOT APPROVED ADOPTED S -L3-v-�_ Filed. In Clerk's Office 4r 14 gym%