HomeMy WebLinkAboutConfirming Tax Abatement - Syscon International Inc. 1108 S. High St. (5 Year Personal Property)Attest
RESOLUTION
NO. 2635 -98
Passed by the Common Council of the City of South Bend, Indiana
June
22, 98
19
Attest:
Presented by me to the Mayor of the City of South Bend,
June
23,
Clerk
of Common Council.
City Clerk
Approved and signed by me June 24, _ 19 98_.
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
1108 S. High Street
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
Syscon International, 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 1108 S. High Street
and which is more particularly described as follows:
PARCEL I: A part of the Northeast Quarter of Section 13, Township 37 North, Range 2 East, in the City
of South Bend, Indiana, which part is bounded by a line running as follows, viz: Beginning at a point where
the East line of High Street in Martin L. Wenger's Third Addition to the City of South Bend intersects the
South boundary line of the right -of -way of the New York Central Railway Company (formerly the Lake
Shore and Michigan Southern Railway Company); thence running due South on the East line of High Street
(312.36) feet; thence North (89) degrees (38) minutes East (96.75) feet; thence North parallel to the East
line of High Street (7) feet (3 -1/2) inches; thence North (89) degrees (38) minutes East a distance of
(110.16) feet to the Westerly line of a wall; thence North (42) feet along the Westerly line of said wall;
thence West (0.9) feet along the South line of a wall; thence North (83.3) feet along the West line of a wall;
thence East (0.9) feet along the North line of a wall; thence North along West line of a wall and its
projection to the Northeasterly boundary (25.37) feet and which point is (209.35) feet due East of the East
line of High Street; thence Northwesterly (158.92) feet to a point on the South boundary line of the New
York Central Railroad Company; thence Norhtwesterly along said South Boundary (99.86) feet, more or
less, to the place of beginning. Also, a permanent nonexclusive easement for egress and ingress described
as follows: Beginning at a point on the East line of High Street which is (312.36) feet South of the
intersection of the East line of High Street and the Southerly right -of -way line of the New York Central
Railroad in the City of South Bend, Indiana; thence North (89) degrees and (38) minutes East, a distance of
(96.75) feet; thence South (16) feet; thence South (89) degrees and (38) minutes West, a distance of (96.75)
feet, to the East line of High Street; thence North along the East line of High Street (16) feet to the place of
beginning.
and which has Key Number 18- 7017 -0724, as an Economic Revitalization Area; and
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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 Gj -z 2_ 90
NOT APPROVED
ADOPTED (')2-9g
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G'4'V r064�
Member of the Common Council
Filed in Clerk's Office
MAY 2 9 1998
LCRETTAJ. DUDA
CITY CLERK, $0. BEND, IN.