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HomeMy WebLinkAboutConfirming Tax Abatement - South Bend Heritage Foundation 234 S. Chapin St. (10 Year Real Property)Attest RESOLUTION NO. 2726 -99 Passed by the Common Council of the City of South Bend, Indiana April 28, •• Attest: Presented by me to the Mayor of the City of South Bend, Indiana April 29, 19 99_ Clerk of Common Council. Approved and signed by me April 29 _ 19 99 _ Clark 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 234 SOUTH CHAPIN STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION 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 234 South Chapin Street, South Bend, Indiana, and which is more particularly described as follows: THAT PART OF THE NORTHEAST QUARTER OF SECTION 11, TOWNSHIP 37 NORTH, RANGE 2 EAST, PORTAGE TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA WHICH IS DESCRIBED AS: LOTS 11, 12, 13, AND 14 AS SHOWN ON THE PLAT OF "J. K. HUSTON'S SUBDIVISION OF BANK OUTLOT #72" BEING RECORDED IN PLAT BOOK #2 ON PAGE #27 IN THE RECORDS OF THE ST. JOSEPH COUNTY, INDIANA RECORDER'S OFFICE AND BEING MORE PARTICULARLY DESCRIBED AS: BEGINNING AT THE NORTHWEST CORNER OF LOT # 11 IN SAID SUBDIVISION WHICH IS S. 89 -34'-11" E., 33.00 FT. AND N. 00 -40'-03" E., 574.71 FT. FROM THE INTERSECTION OF THE CENTERLINE OF CHAPIN STREET WITH THE EAST AND WEST QUARTER LINE OF SAID SECTION 11; THENCE S. 89 -34' -11" E. ALONG THE SOUTH RIGHT -OF -WAY LINE OF WAYNE STREET, 239.39 FT. (REC. EAST 239.83 FT.) TO THE NORTHEAST CORNER OF LOT # 14 OF SAID SUBDIVISION; THENCE S. 00 -40' -03" W. ALONG THE EAST LINE OF SAID LOT #14,154.82 FT. (REC. SOUTH 154.0 FT.) TO THE SOUTHEAST CORNER OF SAID LOT #14 AND THE NORTH RIGHT -OF -WAY LINE OF NAPIER STREET; THENCE N. 89 -33' -50" W. ALONG SAID NORTH LINE, 239.39 FT. (REC. WEST 239.83 FT.) TO THE EAST RIGHT -OF -WAY LINE OF CHAPIN STREET AND THE SOUTHWEST CORNER OF SAID LOT #11; THENCE N. 00 -40'-03" E. ALONG THE EAST RIGHT -OF -WAY LINE OF CHAPIN STREET, 154.80 FT. (REC NORTH 153.98 FT.) TO THE POINT OF BEGINNING. CONTAINING 0.85 ACRES AND COMPRISED OF ONE (1) LOT. SUBJECT TO ALL LEGAL HIGHWAYS, EASEMENTS AND RESTRICTIONS OF RECORD. and which has Key Number 18- 3051 -1977, 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 Real 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 Real property tax deduction for a period of ten (10) 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� Member of the Common Council E�3 °yao 13MARn 1999 I Lo. -9,17'r, J. UJD3A. CIT't ci.mv, so. 53rivT, 1j"