HomeMy WebLinkAboutReconfirming Tax Abatement - C.D.T. LLC Southeast Corner of Niles Avenue & Corby Blvd. (3 Year Real Property)Attest:
RESOLUTION
NO. 2844 -00
Passed by the Common Council of the City of South Bend, Indiana
February 28,
2000.
Presented by me to the Mayor of the City of South Bend, Indiana
March 1,
Approved and signed by me
20 00
March 2
City Clerk
President of Common Council
20 00 .
City Clerk
115:."
RESOLUTION NO. Z $ �(-A -O 0
A RESOLUTION RECONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA,
COMMONLY KNOWN AS
SOUTHEAST CORNER OF NILES AVENUE AND CORBY BLVD.
TO BE AN ECONOMIC REVITALIZATION
AREA FOR PURPOSES OF A THREE (3) YEAR REAL
PROPERTY TAX ABATEMENT FOR
C.D.T., L.L.C.
)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 the Southeast Corner of Niles Avenue and Corby Boulevard and
which is more particularly described as follows:
PARCEL I: A parcel of land located in the Northeast Quarter of the Southwest
Quarter of Section 1, Township 37 North, Range 2 East, City of South Bend, St.
Joseph County, Indiana, described as follows: Beginning at a point on the South
line of Corby Street, 220.51 feet North 89 048'27" East (assumed bearing) of the
intersection of the South line of Corby Street and the Easterly line of Niles
Avenue, said point being the Northwest corner of a tract of land conveyed to the
City of South Bend, Indiana by Instrument Number 7803739 recorded March 3,
1978 in the Office of the St. Joseph County, Recorder; thence South 25 °06'03"
East along the Westerly line of said City of South Bend tract, 149.87 feet; thence
North 16'17'47" East, 141.77 feet to the South line of Corby Street; thence South
89 °49'27" West along said South line of Corby Street, 103.36 feet to the point of
beginning.
PARCEL II: A parcel of land located in the Northwest Quarter of the Southwest
Quarter of section 1, Township 37 North, Range 2 East, City of South Bend, St.
Joseph County, Indiana, described as follows: Beginning at the intersection of
the 25 °06'03" East (assumed bearing) along the Easterly line of Niles Avenue,
242.74 feet; thence North 64 °53'57" East, 200.00 feet to the Westerly line of a
tract of land conveyed to the City of South Bend, Indiana by Instrument Number
7803739 recorded March 3, 1978 in the office of the St. Joseph County Recorder;
thence North 25 °06'03" West along said Westerly line, 149.87 feet to the South
line of Corby Street; thence South 89 °48'27" West along said South line of Corby
Street, 220.51 feet to the point of beginning.
with said real estate having the following Key Numbers: 18 -5038- 134602 and 18-
5038 -1343, 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; and
WHEREAS, the Council issued a Confirmatory Resolution confirming
the adoption of the Declaratory Resolution as Resolution No. 2466 -97 on
June 9, 1997; and
WHEREAS, the Council issued a Re- Confirmatory Resolution
reconfirming the adoption of the Declaratory Resolution as Resolution No.
2751 -99 on June 14, 1999; and
WHEREAS, the Petitioner has now requested another additional period
of time to complete construction of the planned project.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of
the City of South Bend, Indiana, as follows:
SECTION I. The Common Council hereby reconfirms its Declaratory
Resolution and its Confirmatory Resolution designating the area described
herein as an Economic Revitalization Area for the purposes of property tax
abatement. Such designation is for Real property tax abatement only and is
limited to three years and three 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 Real property tax deduction for
a period of three (3) 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 -12.1 et sea.
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 Comm n Council
H: \Wpdata \TAXABATE\Abates 2000 \CDT Resolution 02 2000.wpd
PRESENTED 2._L&-0a
NOT APPROVED
ADOPTED
Filed in Clerk's Office
FEB 2 3 2a0Q
LORETTAJ. DUDA
CITY CLEW, 80. BEND, IN