HomeMy WebLinkAboutConfirming Tax Abatement - South Bend Heritage Foundation & Baugo Creek Realty Northeast Corner of Chapin St. & Western Ave. (10 Year Real Property)Attest
RESOLUTION
NO. 2465 -97
Passed by the Common Council of the City of South Bend, Indiana,
June
9, 97
Clerk
Attest: President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
June 10, 97
19
Approved and signed by me
June 10
97
City Clerk
Mayor
RESOLUTION NO. C 5 97
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA,
COMMONLY KNOWN AS
NORTHEAST CORNER OF CHAPIN STREET AND WESTERN AVENUE
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A TEN (10) YEAR REAL
PROPERTY TAX ABATEMENT FOR
SOUTH BEND HERITAGE FOUNDATION AND
BAUGO CREEK REALTY (AN INDIANA PARTNERSHIP)
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
Northeast Corner of Chapin Street and Western Avenue, South Bend, Indiana, and which is
more particularly described as follows:
Street Address
Legal Description
Key Number
302 S. Chapin
32 FT N & S X 118.14 FT E & W NW COR BOL 71
18- 3051 - 2001.01
306 S. Chapin
89 FT N & S X 118.14 FT E & W EX 32 FT W
END NW CORNER BOL 71
18- 3051 -2001
308 S. Chapin
38 X 7 RODS 4 LKS MID PT W SIDE N 1/2
BOL 71
18- 3051 -2002
310 -312 S. Chapin
32.9 FT X 118.14 FT MID PT W SIDE N 1/2 BOL 71
18- 3051 -2003
314 S. Chapin
S 20.1 FT OF S 35 FT OF N 1/2 NW PART
OF BOL 71
18- 3051 -2004
734 W. Napier
E 28.87 FT OF W 147.01 FT N 1/2 BOL 71
18- 3051 -2005
732 W. Napier
E 28.87 FT OF W 175.88 FT N 1/2 BOL 71
18- 3051 -2006
730 W. Napier
7 RODS E END OF 2 1.2 N 1 -4 BOL 71
18- 3051 -2007
No Address
50 FT ON CHAPIN ST X 122.59 FT W SIDE
S 1/2 BOL 71
18- 3051 -2008
No Address
65 FT X 122.59 FT MIDDLE PART W SIDE
W 1/2 OF S 1/2 BOL 71
18- 3051 -2009
No Address
46.12 FT X 122.59 FT SW CORNER BOL 71
18- 3051 -2010
No Address
W 39 FT ON WESTERN AVE MID PART W
1/2 S 1/2 BOL 71
18- 3051 -2011
735 W. Western
E 39 FT OF W 208 FT EX TRI PC TO CITY
FOR ST SW BOL 71
18- 3051 -2012
733 W. Western
W 37 FT OF E 94 1/2 FT W 1/2 S 1/2 BOL 71
18- 3051 -2013
No Address
E 57.5 FT OF W 1/2 OF S 1/2 BOL 71
18- 3051 -2014
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.
H:\HOME\MBEITZIN\WPNTAXABATE\ABATES97\SBHERIT2.RE.S
PRESENTED l " 9- 97
NOT APPROVED
ADOPTED
Member of the Common Counc'
Filed In Clerk's Office
JUN - 5 1997
LORETTA J. DUDA
CRY CLERK, 80. BEND, IN.