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HomeMy WebLinkAboutConfirming Tax Abatement - Maverick Packaging, Inc. 3702 W. Sample St. (5 Year Personal Property)Attest RESOLUTION NO. 2795 -99 Passed by the Common Council of the City of South Bend, Indiana October 11, MEN We Clerk Attest: President of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana October 11, Approved and signed by me October 14, .. 19 99 City Clerk Mayor RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3702 WEST SAMPLE STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR MAVERICK PACKAGING, 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 3702 West Sample Street and which is more particularly described as follows: That part of the Northeast quarter of Section 16, T. 37 N., R. 2E., City of South Bend, St. Joseph County, which is described as: From the Northwest Corner of the East half of the Northeast quarter of said Section measure South 90 deg. 00 min. 00 see. West along the North line of said Section 630 ft. and South 00 deg. 02 min. 31 sec. E., 40.00 ft. and north 90 deg. 00 min., 00 sec. East 300.02 ft. (300.00 ft. Record) and South 00 deg. 04 min. 00 sec. West, 579.33 ft. (S. 00 deg. 01 min. 52 sec. W., 579.125 ft., Record) and north 89 deg. 25 min. 13 see. East 13.64 ft. (North 89 deg. 59 min. 13 sec. East 13.745 ft., Record) and South 00 deg. 00 min. 38 sec. east 280.27 ft to the Point of Beginning of this description; thence South 89 deg. 55 min. 49 sec. West along the North line of Industrial Ave. (now vacated), 159.99 ft.; thence South 00 deg. 03 min. 24 sec. West 400.60 ft.; thence South 89 deg. 55 min. 41 sec. East along the Northerly line of the New Jersey, Indiana and Illinois Railroad, 289.00 ft., thence North 00 deg. 03 min., 24 sec. East, 363.03 ft. (N.00 deg. 01 min. 48 sec. E. 364.55 ft., Record); thence North 89 deg. 56 min. 24 sec. West, 128.96 ft. (N. 89 deg. 55 min. 00 see. 128.885 ft., Record) thence North 00 deg. 00 min. 38 Sec. West, 36.00 ft. (n. 00 deg. 02 min. 16 sec. W Record) to the Point of Beginning. Containing 2.5472 acres. with said real estate having the following Key Number 18- 35198- 09194, 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 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 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 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. PRESENTED NOT APPROVED .ADOPTED Member of the Common Council Filed In Clerk's OMW 2 [SEP 1 7 1999 CRY OUNK go, am, IN tARLTTAJ. DtIDR