HomeMy WebLinkAboutReconfirming Tax Abatement - C.D.T LLC Southeast Corner of Niles Ave and Corby Blvd (3 Year Real Property)Attest
RESOLUTION
NO. 2751 -99
Passed by the Common Council of the City of South Bend, Indiana
June 14, I9 99
Attest: ��_ ff Pres
Presented by me to the Mayor of the City of South Bend, Indiana
June 16, 1999
Clerk
of Common Council.
City Clerk
Approved and signed by me June 16. _ 19 -22_•
Mayor
RESOLUTION NO.
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 °48'27" 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 Petitioner has requested an 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 two years and nine 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 Common Council
2
PRESENTED
NOT APPROVED
ADOPTED 6-1H -`lq 4S aYYme"Qk
Filed In Clark's Office
JUN 1 5 1999
L09MAJ. DUDA
CRY CLERK, SO. SEND, lid.