HomeMy WebLinkAboutConfirming Tax Abatement - Lock Joint Tube, Inc. 515 W. Ireland Rd. (5 Year Personal Property)Attest:
RESOLUTION
3308 -04
Passed by the Common Council of the City of South Bend, Indiana
March 8,
a
04
20_.
City Clerk
President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
March 9,
Approved and signed by me
m
March 10, 20 04 .
City Clerk
RESOLUTION NO. 3 3 0g'0
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
515 WEST IRELAND ROAD
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
LOCK JOINT TUBE, 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 515 West
Ireland Road, South Bend, Indiana, and which is more particularly described as follows:
A parcel of land located in the Southeast Quarter (S.E. 1/4) of the
Northeast Quarter (N.E. 1/4) of Section Twenty -Six (26), Township Thirty -
Seven (37) North, Range Two (02) East of the Second (2nd) Principal
Meridian and all being in Center Township, City of South Bend, St. Joseph
County, Indiana and being more particularly described as follows:
Commencing at the southeast corner of the Southeast Quarter (S.E. 1/4)
of the Northeast Quarter (N.E.1 /4) of said Section Twenty -Six (26); thence
South 90'- 00' -00" West (Bearing derived from description shown in Title
Commitment 9501843 ) as issued by St. Joseph Title Corp.), along the
south line of the Southeast Quarter (S.E.1 /4) of the Northeast Quarter
(N.E.1 /4) of said Section Twenty -Six (26) and also being along the
centerline of a public road now known as Ireland Road, a distance of
400.00 feet; thence North 010- 30' -47" East, parallel with and 400.00 feet
west of the east line of the Southeast Quarter (S.E. 1/4) of said Section
Twenty -Six (26), a distance of 40.01 feet to the Point of Beginning of this
description, said point of beginning being on the north right of way line of
said Ireland Road and also being the southwest corner of a parcel
conveyed to Roger R. Atwell and Eleanor Atwell as described in Quit
Claim Deed No. 9416618; thence South 90 °- 00' -00" West, along said
north right of way line of Ireland Road and being parallel with and 40.00
feet north of the south line of the Southeast Quarter (S.E. 1/4) of the
Northeast Quarter (N.E. 1/4) of said Section Twenty -Six (26), a distance
of 891.36 feet to a point on the west line of the Southeast Quarter
(S.E.1 /4) of the Northeast Quarter (N.E.1 /4) of said Section Twenty -Six
(26) and also being the southeast corner of a parcel conveyed to Louanne
Osborne as described in Warranty Deed 9326881; thence North 000- 58'-
55" East, along the west line of the Southeast Quarter (S.E.1 /4) of the
Northeast Quarter (N.E.1 /4) of said Section Twenty -Six (26) and also
being along the east line of said parcel conveyed to Louanne Osborne
and also along the east line of a parcel conveyed to Transit Mix, Inc. as
described in Warranty Deed 9018257, a distance of 955.26 feet to a point
which is South 00 °- 58' -55" West -- 314.00 feet from a stone found at the
northwest corner of the Southeast Quarter (S.E.1 /4) of the Northeast
Quarter (N.E.1 /4) of said Section Twenty -Six (26); thence North 890- 42'-
44" East, along the south line of two (02) parcels conveyed to Miles
Laboratories, Inc. as described in Warranty Deed 7903212 and Warranty
Deed 8501215, a distance of 1270.41 feet to a point on the west right of
way line of a public street now known as Lafayette Street; thence South
011- 30' -47" West, along said west right of way line of Lafayette Street and
being parallel with and 30.00 feet west of the east line of the Southeast
Quarter (S.E. 1/4) of the Northeast Quarter (N.E.1 /4) of said Section
Twenty -Six (26), a distance of 602.05 feet to the northeast corner of a
parcel conveyed to Arthur Fontonelli and as described in Warranty Deed
9335926; thence South 900 - 00' -00" West, along the north line of said
parcel conveyed to Arthur Fontonelli and also being along the north line of
a parcel conveyed to Arthur Fontonelli as described in Corporate
Warranty Deed 9335926, a distance of 370.00 feet to the northwest
corner of said parcel conveyed to Arthur Fontonelli ; thence South 0 10-
30'-47" West, along the west line of said parcel conveyed to Arthur
Fontonelli, a distance of 360.00 feet to the Point of Beginning of this
description and containing 24.793 Acres, more or less.
and which has Key Number 23- 1013 -0758 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 Personal property tax abatement only and is limited to thirty (30) months
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 Personal property tax deduction for a period of five (5) years, and further
determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City
of South Bend and Indiana Code 6- 1.1 -12 et M.
SECTION III. This Resolution shall be in full force and effect from and after its adoption by the
Common Council and approval by the Mayor.
pRESENTE6. \3 -9-0
NOT APPROVED
ADOPTED 3- 1
'U
Member of the Common Counc'
Filed In Clerk's Office
FED 16W