HomeMy WebLinkAboutConfirming Tax Abatement - Expanded Metal Company of Indiana LLC 1400 Riverside Dr. (5 Year Personal Property)Attest
RESOLUTION
NO. 2571 -98
Passed by the Common Council of the City of South Bend, Indiana,
March
12,
Clerk
Attest
Presented by me to the Mayor of the City of South Bend, Indiana
March 13, 19-98 .
of Common Council.
Approved and signed by me March 16,
Clerk
Mayor
RESOLUTION NO. oZ / I — 9 U
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
EXPANDED METAL COMPANY OF INDIANA LLC
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 1400 Riverside
Drive, South Bend, Indiana, and which is more particularly described as follows:
Beginning at the southeast corner of the Sourtwest 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 890 55'00" West, 116.24 feet; thence North 00° 00' 27" West, 12.00 feet to the north
line of a 12 foot alley; thence North 890 55' 00" West along said north line of alley, 236.61
feet to a point 120.00 feet South 890 55' 00" East of the east line of Kessler Boulevard;
thence North 000 00'27" West parallel with said 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 9, pages 30 and 31; thence South 890 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° 56' 09" East, 308.71 feet to the east line of the southwest 1/4 of said Section 35;
thence South 00° 00'30" East along said east line, 27.84 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 900 00'00" West along said south line, 156.71 feet to the point of
beginning.
Commencing at the southeast corner 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° 5609" 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 Plat 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' 51" West
along said east line of Allen Street, 329.87 feet to the south line of McCartney Street; thence
South 890 58'27" East along said south line of McCartney Street, 12.91 feet; thence South
00° 06' 09" West 6.11 feet; thence North 890 56' 09" East 308.71 feet to the Point Of
Beginning.
and which have Key Numbers 18- 2110 -4064; 18 -2110 -4065; 18 -2110 -4066; 18 -2110 -4067 and 18-
2168 -6181, 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 1. 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 seq.
SECTION 1II. This Resolution shall be in full force and effect from and after its adoption by the
Common Council and approval by the Mayor.
(Respml.fe31
PRESENTED3 , 0 <9 r7
NOT APPROVED p
ADOPTED 3 -12 -90
Member of the Common Council
EFEB 1 1938
CITY CLEAIB,. °wS. MENU, IN.