HomeMy WebLinkAboutConfirming Tax Abatement - Steel Warehouse Co. Inc. 1400 Riverside Dr. (5 Year Personal Property)RESOLUTION
NO. 2714 -99
Passed by the Common Council of the City of South Bend, Indiana,
March 22, 19 99.
Attest:
Presented by me to the Mayor of the City of South Bend, Indiana
March 23, 19 99.
Clerk
of Common Council.
Approved and signed by me March 23,
9 99
Clerk
Mayor
RESOLUTION NO. ' q, / I
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
1400 RIVERSIDE DRIVE, SOUTH BEND, INDIANA
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A FIVE YEAR
PERSONAL PROPERTY TAX ABATEMENT FOR
STEEL WAREHOUSE CO. 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 a 2722 Tucker Drive,
South Bend, Indiana, and which is more particularly described as follows:
The following parcels of Real Estate all located in St. Joseph County, Indiana:
A part of the South 'h of the Northwest 1/4 of Section 15, Township 37 North, Range 2 East in the
City of South Bend, St. Joseph County, Indiana, described as follows:
Beginning at the Southeast comer of the Southwest 1/4 of said, section 35; thence
South 89 49' 52" West (bearing assumed) along the South line of said section, 308.97 feet;
thence North 89 55'00" West, 116.24 feet; thence North 0000'27" West, 12.00 feet to the
North line of a 12 foot alley; thence North 89 55'00" West along said North line of alley,
236.61 feet to a point 120.00 feet South 89 55' 00" East of the East line of Kessler
Boulevard, 128.00 feet to a point on the South line of King Street, 180.00 feet South 89 55'
18" East of the Northeast corner of Lot 10 as shown on the second plat of Northwest
addition to the city of South Bend recorded April 6, 1906 in Plat Book 0, pages 30 and 31;
thence South 89 55' 18" East along the South line of King Street, 352.84 feet; thence North
00 00'27" West, 194.85 feet to a point on the centerline of the East and West 14 foot alley
between King Street and McCartney street produced East; thence North 00 06' 09" East,
128.81 feet; thence North 89 46'49" East 287.05 feet to the Westerly line of Riverside Drive;
thence South 16 37' 15" West along a chord subtending said Westerly line of Riverside Drive,
455.43 feet to the South line of said section 35; thence North 90 00' 00" West along said
South line, 156.71 feet to the point of the beginning.
Commencing at the Southeast comer of the Southwest 1/4 of said section 35; thence
North 00 00'30" West (bearing assumed) along the East line of said Southwest 1/4 a distance
of 463.14 feet to the Point of Beginning for the following described tract; thence continuing
North 00 00' 30" West along said East line 336.00 feet to the South line of Queen Street;
thence south 89 56'09" West along said South line of Queen Street 176.60 feet; thence North
00 02' 36" East 195.00 feet to the centerline of the East and West 14 foot alley between
Kinyon Street and Queen Street; thence South 89 56'09" West along said centerline of alley,
131.27 feet; thence South 00 06'09" West along the East line of Lot 145 in the Third Plot of
Northwest Addition recorded March 7, 1907 in Plat Book 9, page 60 in the Office of the St.
Joseph County Recorder and its Northerly and Southerly extensions, 195.00 feet to the South
line of Queen Street; thence South 89 56' 09" West along said South line of Queen Street,
12.93 feet to the East line of Allen Street; thence South 00 05'56" West along said East line
of Allen Street, 329.87 feet to the South line of McCartney Street; thence South 89 58'27"
East along said South line of McCartney Street, 12.91 feet; thence South 00 06'09" West
6.11 feet; thence North 89 56' 09" East 308.71 feet to the Point of beginning.
with said real estate having the following Key Nos. 18- 2110 -4065 and 18- 2110 -4067, 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 Common Council ofthe 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 -12.1 et M.
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.
(,- � 1)
PRESENTED,_) X249
NOT APPROVED n q
ADOPTED
3
Member of the Common Council
Filed in Clerk's Office
FEB 1 7 1999 0
LORETTAJ. DUDA
CITYCLEBK, 90. BEND, IN.