HomeMy WebLinkAboutDesignating Tax Abatement - Steel Warehouse Co. Inc., Allan Lerman, Frances Lerman, Nathan Lerman and A & F Realty Co. 2722 Tucker Dr. (10 Yr. Real Property)Attest
RESOLUTION
NO. 2491 -97
Passed by the Common Council of the City of South Bend, Indiana,
July 28, 97
19
Clerk
Attest; �p �l President of Common Council.
Presented by me to the Mayor of the City of South Bend,
July 29, 19 97
City Clerk
Approved and signed by me July 29. _ 19.97 _.
Mayor
RESOLUTION NO. �2 L * ' / 7
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS
2722 TUCKER DRIVE, SOUTH BEND, INDIANA
AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF REAL PROPERTY TAX ABATEMENT FOR
PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR
STEEL WAREHOUSE OF INDIANA, INC.,
STEEL WAREHOUSE CO., INC.,
ALLAN LERMAN, FRANCES LERMAN, NATHAN LERMAN
AND A & F REALTY CO.
WHEREAS, a petition for property tax abatement consideration has been filed with the Common
Council of the City of South Bend, requesting that the area commonly known as 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 1/2 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 a point on the East line of the Southwest 1/4 of the Northwest 1/4 of
said Section 15, 580.64 feet South of the Northeast comer of said Southwest 1/4 of
the Northwest 1/4, said point being 172.0 feet North of the North right of way line
of the Indiana Northern Railway Company; thence Westerly-parallel with said North
right -of -way line 565 feet to the Southwest corner of a tract of land conveyed to
Stanley Enterprises, Inc. By a deed recorded October 16, 1993 in Deed Record 777,
page 226; thence North along the West line of said Stanley Enterprises, Inc. tract, said
line being parallel with the East line of said Southwest 1/4 of the Northwest 114,
323.0 feet to the South line of Tucker Drive; thence West along the South line of
Tucker Drive 215.93 feet; thence South parallel with said East line of the Southwest
1/4 of the Northwest 1/4, 495.90 feet to the North right -of -way line of the Indiana
Northern Railway Company; thence Easterly along said North right -of -way line,
860.23 feet to the West edge of Steel Warehouse Co. Inc.'s building; thence North
along said West edge of building, 172.0 feet; thence Westerly parallel with the North
right -of -way line of the Indiana Northern Railway Company, 79.3 feet to the point of
beginning, containing 5.0 acres, more or less.
A part of the Southwest Quarter of the Northwest Quarter of Section 15, Township
37 North, Range 2 East in the City of South Bend, Indiana, more particularly
described as follows:
Beginning at a point 260 feet South and 25 feet West of the Northeast comer of said
Southwest Quarter of the Northwest Quarter; thence West 540 feet; thence South
parallel with the East line of said Southwest Quarter of the Northwest Quarter,
324.25 feet to a point 172 feet North of the North line of the right -of -way of the
Indiana Northern Railway Company; thence East parallel with said North line of said
right -of -way, 540 feet; thence North parallel with the East line of said Southwest
Quarter of the Northwest Quarter, 320.75 feet to the place of beginning.
A tract of land in the West Half (' /2) of the Northwest Quarter (1/4) of Section Fifteen
(15), Township Thirty -seven (3 7) North, Range Two (2) East, now within and a part
of the City of South Bend, St. Joseph County, Indiana, more particularly described
as follows:
Beginning at the center of the Northwest Quarter (1/4) of said Section Fifteen (15);
thence South along the Norther and South center line of said Quarter Section Two
Hundred Twenty (220) feet to the North line of Tucker Drive; thence West along said
North line to the West line of said Section Fifteen (15); thence North along said West
line One Hundred Twenty -eight and One Tenth (128.1) feet, more or less, to a line
Two Hundred Fifty (250) feet by rectangular measurement Southeasterly from said
original centerline of the New York Central Railroad right -of -way; thence
Northeasterly parallel to the Two Hundred Fifty (250) feet by rectangular
measurement Southeasterly from said original centerline of the New York Central
Railroad right -of -way, Seven Hundred Twenty -seven and One One - Hundredth
(727.01) feet, more or less, to a point on the East line of the Southwest Quarter (114)
of the Northwest'Quarter (1/4) of the Northwest Quarter (1/4) of Section Fifteen
(15); thence Southerly along said East line One Hundred Ninety -nine and Eighty -six
Hundredths (199.86) feet, more or less, to the South line of the Northwest Quarter
(1/4) of the Northwest Quarter (1/4) of Section Fifteen (15); thence East along said
South line Six Hundred Sixty -three and Fifty -two hundredths (663.52) feet, more or
less, to the place of beginning, excepting Thirty (30) feet off the East side thereof for
purposes of a public highway.
A lot or parcel of land situated in the Northwest Quarter of Section 15, Township 37
North, Range 2 East, now within and a part of the City of South Bend, bounded by
a line running as follows, to -wit: Beginning at a point on the North line of the
Southeast Quarter of the Northwest Quarter of said Section 15, 600 feet West of the
Northeast corner of the Southeast Quarter of the Northwest Quarter of said Section
15; thence running West along said North line a distance of 725.8 feet to the
Northwest comer of said Southeast Quarter of said Northwest Quarter; thence South
a distance of 220 feet, more or less, to the North line of a 40 foot road known as
Tucker Drive; thence East along the North line of said roadway to a point due South
of the place of beginning; thence North to the place of beginning. Together with and
subject to an easement over the 40 foot roadway lying immediately South of the
above described real estate known as Tucker Drive, and extending Eastward to Olive
Street.
Part of the Southeast Quarter (1/4) of the Northwest Quarter (1/4) of Section Fifteen
(15), Township Thirty -seven (3 7) North, Range Two (2) East, now within and a part
of the City of South Bend, described as beginning at a point 260 feet South of the
Northwest corner of the Southeast Quarter (1/4) of the Northwest Quarter (1/4) of
said Section Fifteen (15); thence South 492.9 feet to the North line of the right -of-
way of the Indiana Northern Railroad; thence East along the said North line of the
right -of -way of the Indiana Northern Railroad 305 feet; thence North 492.9 feet;
thence West 305 feet to the place of beginning.
Together with a right -of -way over a 40 foot roadway North of and adjoining the
aforedescribed tract, and continuing Easterly to Olive Street, which said 40 foot
roadway is now commonly known as Tucker Drive in said City of South Bend.
The East Half of the South East Quarter of the North East Quarter of Section No. 16,
Township No. 37 North, Range No.2 East, containing 20 acres, more or less, and
being Lot No. 16 in the Sub - division of said Section No. 16, and now within a part
of the City of South Bend, excepting there from the following:
The original right -of -way across, the North West comer heretofore conveyed by
Joseph B. Arnold, to the Indiana Illinois, and Iowa Railway Company by Warranty
Deed dated August 21, 1894, and recorded in Deed Record 95, page 553, of the
records of St. Joseph County, Indiana; and excepting second the following: Beginning
at a point on the West line of said Lot Numbered 16, where the same is intersected
by the South Easterly line of said original right -of -way, thence running South on the
west line of Lot Numbered 16, 219 feet, more or less, to a point distant 250 feet by
rectangular measurement from the original center line of said right -of -way; thence
2
North Easterly parallel with and 250 feet distant by rectangular measurement from the
original center line of said right -of -way a distance of 733..3 feet, more or less, to a
point on the East line of said Section No. 16, thence North on said East line, a
distance of 105.5 feet, more or less, to the North East comer of said Lot No. 16;
thence West along the North line of said Lot No. 16, thence North on said East line,
a distance of 105.5 feet, more or less, to the North East corner of said Lot No. 16;
thence West along the North line of said Lot No. 16, a distance of 254.5 feet, more
or less, to the intersection with the said Easterly line of said original right -of -way;
thence South Westerly with said Easterly line a distance of 454.5 feet, more or less,
to the place of beginning, containing 3.04 acres, more or less; excepting third, all that
part of said Lot No. 16 which lies South of the North line of the right -of -way of the
St. Joseph, South Bend and Southern Railroad Company, excepting fourth, a strip of
land 70 feet wide North and South lying next north of and adjoining the right -of -way
of the St. Joseph, South Bend and Southern Railroad Company; excepting further that
a strip of 40 feet in width, North and South, and being a extension of Tucker Drive,
shall be established through the Northerly part of said tract and dedicated to the public
as a highway, which said extension shall extend to the right -of -way of the New York
Central Railroad Company.
All that part of the Southwest Quarter of the Northwest Quarter of Section 15,
Township 37 North, Range 2 East, described as follows: Beginning at a point 260 feet
South and 330 feet West of the Northeast corner of the said Southwest Quarter 6f the
Northwest Quarter; thence West 996.08 feet to the West line of said section; thence
South 498.35 feet to the North line of the right -of -way of the Indiana Northern
Railway Company; thence Easterly along the said Northerly line of said Indiana
Northern Railway Company a distance of 996.08 feet, more or less, to a point on the
Northerly line of the said Indiana Northern Railway Company South of the place of
beginning; thence North to the place of beginning.
A tract of land in the West Half (1/2) of the Northwest Quarter (1/4) of Section Fifteen
(15), Township Thirty-seven (37) North, Range Two (2) East, now within and a part
of the City of South Bend, St. Joseph County, Indiana, more particularly described
as follows:
Beginning at the center of the Northwest Quarter (1/4) of said Section Fifteen (15);
thence South along the North and South center line of said Quarter Section Two
Hundred Twenty (220) feet to the North line of Tucker Drive; thence West along said
North line to the West line of said Section Fifteen (15); thence North along said West
line One Hundred Twenty -eight and One Tenth (128.1) feet, more or less, to a line
Two Hundred Fifty (250) feet by rectangular measurement Southeasterly from and
parallel to the original centerline of the New York Central Railroad right -of -way;
thence Northeasterly parallel to and Two Hundred Fifty (250) feet by rectangular
measurement Southeasterly from said original centerline of the New York Central
Railroad right -of -way, Seven Hundred Twenty -seven and One One - Hundredth
(727.01) feet, more or less, to a point on the East line of the Southwest Quarter (1/4)
of the Northwest Quarter (1/4) of the Northwest Quarter (1/4) of the Northwest
Quarter (1/4) of Section Fifteen (15); thence East along said South line Six Hundred
Sixty -three and Fifty -two Hundredths (663.52) feet, more or less, to the place of
beginning, excepting Thirty (30) feet off the East side thereof for purposes of public
highway.
A part of the Southwest Quarter of the Northwest Quarter of Section 15, Township
37 North, Range 2 East in the City of South Bend, Indiana more particularly
described as follows:
Beginning at a point 260 feet South and 25 feet West of the Northeast corner of said
Southwest Quarter of the Northwest Quarter; thence West 540 feet; thence South
parallel with the East line of said Southwest Quarter of the Northwest Quarter,
324.25 feet to a point 172 feet North of the North line of the right -of -way of the
3
Indiana Northern Railway Company; thence East parallel with said North line of said
right -of -way, 540 feet, thence North parallel with the East line of said Southwest
Quarter of the Northwest Quarter, 320.75 feet to the place of beginning.
and this property has Key Numbers 18- 8075- 284406, 18- 8075 -2843, 18- 8075- 284403, 18 -8075-
284404, 18- 8075- 284502, 18- 8075- 284503, 18- 8075- 284501, be designated as an Economic
Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -I gI and South Bend
Municipal Code Sections 2 -76 -q §&.q.; and
WHEREAS, the Department of Economic Development has concluded an investigation and prepared
a report with information sufficient for the Common Council to determine that the area qualifies as
an Economic Revitalization Area under Indiana Cod e 6- 1.1- 12.1 -1, gt sgq. and South Bend
Municipal Code Sections 2 -76 gt seq., and has further prepared maps and plats showing the
boundaries and such other information regarding the area in question as required by law; and
WHEREAS, the Community and Economic Development Committee of the Common Council has
reviewed said report and recommended to the Common Council that the area qualifies as an
Economic Revitalization Area.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
Indiana, as follows:
SECTION I. The Common Council hereby determines and finds that the Petition for Real Property
Tax Abatement and the Statement of Benefits form completed by the Petitioner meet the requirements
of Indiana Code 6 -1.1- 12.1 -1 et sea,, for tax abatement.
SECTION II. The Common Council hereby determines and finds the following:
(A) That the description of the proposed redevelopment or rehabilitation meets the
applicable standards for such development;
(B) That the estimate of the value of the redevelopment or rehabilitation is reasonable for
projects of this nature;
(C) That the estimate of the number of individuals that will be employed or whose
employment will be retained by the Petitioner can be reasonably expect to result from the
proposed described redevelopment or rehabilitation;
(D) That the estimate of the annual salaries of those individuals who will be employed or
whose employment will be retained by the petitioner can be reasonably expected to result
from the proposed redevelopment or rehabilitation,
(E) That the other benefits about which information was requested are benefits that can be
reasonably expected to result from the proposed described redevelopment or rehabilitation;
and
(F) That the totality of benefits is sufficient to justify the requested deduction, all of which
satisfy the requirements of Indiana Cod e 6 -I.1- 12.1 -3.
SECTION III. The Common Council hereby determines and finds that the proposed described
redevelopment or rehabilitation can be reasonably expected to yield the benefits identified in the
Statement of Benefits as set forth in Sections I through II of the Petition for Real Property Tax
Abatement Consideration and that the Statement of Benefits Form prescribed by the State Board of
Accounts are sufficient to justify the deduction granted under Indiana Code 6 -1.1- 12.1 -3.
SECTION IV. The Common Council hereby accepts the report and recommendation of the
Community and Economic Development Committee that the area herein described be designated as
an Economic Revitalization Area and hereby adopts a Resolution designating this area as an
Economic Revitalization Area for purposes of Real Property Tax Abatement.
Il
M
SECTION V. The designation as an Economic Revitalization Area shall be limited to two (2)
calendar years from the date of the adoption of this Resolution by the Common Council.
SECTION VI. The Common Council hereby determines that the property owner is qualified for and
is granted property tax deduction for a period of ten (10) years.
SECTION VII. The Common Council directs the City Clerk to cause notice of the adoption of this
Declaratory Resolution for Real Property tax Abatement to be published pursuant to Indiana Code
5- 3- 1 and Mans, Cede 6- 1.1- 12.1 -2.5, said publication providing notice of the public hearing before
the Common Council on the proposed confirming of said declaration.
SECTION VIII. This Resolution shall be in full force and effect from and after its adoption by the
Common Council and appt'oval by the Mayor.
Member of the Common Council
Qareal 1)
Filed in Clerk's ®ffiee
=�1157
LORETTAJ.
CITY CLERK, so. gEtdD, IM.
PRESENTED -7 22 u ,q
NOT APPROVED
ADOPUR 7-,29-97