HomeMy WebLinkAboutReconfirming Tax Abatement - Joseph Podell Company, Inc. 3680 W. Sample St. (10 Year Real Property)Attest
RESOLUTION
NO. 2628 -98
Passed by the Common Council of the City of South Bend. Indiana —
May 26, 19 98
.G
Clerk
President of Common Council.
Presented by me to the Mayor of the City of South Bend. Indiana
May 27, 19 98
Approved and signed by me
May 29,
M
Clerk
Mayor
RESOLUTION NO. (%) / D
A RESOLUTION RECONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA,
COMMONLY KNOWN AS
3680 WEST SAMPLE STREET
TO BE AN ECONOMIC REVITALIZATION
AREA FOR PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR
JOSEPH PODELL COMPANY, 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 3680
West Sample Street and which is more particularly described as follows:
That part of the Northeast quarter of Section 18, Township 37 North,
Range 2 East, 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° 99' 00" West along the North line of
said section, 630.00 feet and South 00° 02' 31" East 40.00 feet and North
900 00' 00" East 300.02 feet (300.00 feet record) and South 000 04' 00"
West 578.33 feet (South 000 01' 52" West, 579.125 feet record) and North
890 24' 13" East, 13.64 feet (North 89° 59' 13" East 13.745 feet record)
and South 00° 00' 38" East 250.27 feet to the point of beginning of this
description; thence South 890 55' 49" West along the North line of
Industrial Avenue (now vacated), 159.99 feet; thence South 00° 03' 24"
West 400.60 feet; thence South 890 55' 41" East along the Northerly line
of the New Jersey, Indiana and Illinois Railroad, 289.00 feet; thence North
00° 03' 24" East 363.03 feet; thence North 890 56' 24" West 128.96 feet;
thence North 000 00' 38" West 38.00 feet to the point of beginning.
with said real estate having the following Key No.: 18- 8112 - 421509, 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. 2355 -96 on May 13, 1996; 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 three (3) 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 -12.1 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.
P9ESENTED ,5-,2( -D10
NOT APPROVED
ADOPTED 5 -26-9 9
6-0-64.,X6V��_
Member of the Common Council
2
Filed in Clerk's Office
=MA1198
LORMAJ. DUDA
CRYOLBRKSO. BEND. K