HomeMy WebLinkAboutConfirming Tax Abatement - Lock Joint Tube Inc. 515 W. Ireland Rd. (10 Year Real Property)Attest:
RESOLUTION
2952 -00
Passed by the Common Council of the City of South Bend, Indiana
November 27, 00
20_.
Presented by me to the Mayor of the City of South Bend, Indiana
November 28,
11
I'
City Clerk
President of Common Council
Approved and signed by me November 28, 2000 .
City Clerk
MEN
RESOLUTION NO. Z 1 S L-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
South Bend, Indiana
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
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 comer 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 O1 °- 30' -47" East, parallel with and 400.00 feet west of the
east line ofthe Southeast Quarter (S.E.1 /4) of said Section Twenty-Six (26), a distance of40.01 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 comer 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 00 "- 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
89 "- 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
Ol °- 30' -47" West, along said west right of way line of Lafayette Street and being parallel with and
30.00 feet west ofthe 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 90 " -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 V- 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 ofthe 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 the 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 complies with Chapter 2, Article 6, of the Municipal Code ofthe City of South Bend and
Indiana Code 6- 1.1 -12 et sue.
-2-
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.
SBD802 RJD 209037v1
PRESENTED
NOT APPROVED
ADOPTER
-3-
Memb of the Common Council
Filed In Clerk's Office
JV1 0 ? 2000
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