HomeMy WebLinkAboutConfirming Tax Abatement - Journeyman Tool & Mold Inc. 3601 Gagnon (5 Year Personal Property)Attest
RESOLUTION
NO. 2747 -99
Passed by the Common Council of the City of South Bend, Indiana
June 14, 19 99
Attest:
Presented by me to the Mayor of the City of South Bend,
June 15, 1999
Clerk
of Common Council.
Approved and signed by mo June 15
Q]
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
3601 GAGNON
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
JOURNEYMAN TOOL & MOLD, 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 3601 Gagnon and
which is more particularly described as follows:
THAT PART OF THE NORTHEAST QUARTER OF SECTION 28, TOWNSHIP 38 NORTH, RANGE 2
EAST, GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS
DESCRIBED AS: BEGINNING AT A 5/8" CAPPED REBAR SET ON THE NORTH LINE OF GAGNON
STREET WHICH IS N. 00 °- 00' -37" E., (N. 00 °- 00' -23" E., RECORD) 35.00 FT. FROM A POINT ON
THE CENTERLINE OF GAGNON STREET WHICH IS S. 890- 58' -39" W. (N. 89 °- 59' -37" W.,
RECORD), 370.00 FT. FROM A POINT AT THE INTERSECTION OF THE CENTERLINE OF
GAGNON STREET WITH THE CENTERLINE OF KENMORE STREET WHICH IS N. 000- 00' -38" E.,
(N. 00 °- 00' -23" E., RECORD) 966.00 FT. FROM A POINT ON THE SOUTH LINE OF THE
NORTHEAST QUARTER OF SAID SECTION WHICH IS S. 89 °- 58' -56" W., (RECORD AND
ASSUMED BEARING), 1150.08 FT. (1150.09 FT., RECORD) FROM AN IRON PIPE FOUND IN A
MONUMENT BOX MARKING THE SOUTHEAST CORNER OF THE NORTHEAST QUARTER OF
SAID SECTION; THENCE ALONG THE NORTH LINE OF GAGNON STREET S. 89 °- 58' -39" W., (N.
89 °- 59' -37" W., RECORD) 150.01 FT. TO A SET 5/8" CAPPED REBAR; THENCE N. 00 °- 00' -43" E.,
(N. 00 °- 00' -23" E., 363.45 FT. (363.60 FT., RECORD) TO A SET 5/8" CAPPED REBAR; THENCE
NORTH 890- 58' -40" E., 150.00 FT. (S. 89 °- 59' -37" E., RECORD) TO A SET 5/8" CAPPED REBAR;
THENCE S. 000- 00' -37" W., 363.45 FT. (S. 00 °- 00' -17" W., 363.60 FT., RECORD) TO THE POINT OF
BEGINNING.
CONTAINING 1.25 ACRES AND COMPRISED OF ONE (1) LOT.
SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS AND RESTRICTIONS OF RECORD.
and which has Key Number 25 -1010- 0385.08, 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 O b - \*- y
Member of the Common Council
Filed In Clerk's Office
MAY 1 8 1999
LORETTA J. DUDA
CITYCLERK, SO. BEND, IN.