HomeMy WebLinkAboutConfirming Tax Abatement - C.D.T. LLC Southeast Corner of Corby Blvd. & Niles Ave. (3 Year Real Property)Attest
RESOLUTION
NO. 2466 -97
Passed by the Common Council of the City of South Bend, Indiana,
June
9, 1997
Clerk
Attest: �� President of Common Council.
Presented by me to the Mayor of the City of South Bend.
June 10, 19 97
Approved and signed by me
June 10,
19 97
City Clerk
Mayor
RESOLUTION NO. of 6 b- 9 7
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA,
COMMONLY KNOWN AS
SOUTHEAST CORNER OF CORBY BLVD. AND NILES AVENUE
TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF A THREE (3) YEAR REAL
PROPERTY TAX ABATEMENT FOR
C.D.T., L.L.C.
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
.Southeast Corner of Corby Blvd. And Niles Avenue and which is more particularly described
as follows:
PARCEL I: A parcel of land located in the Northeast Quarter of the Southwest Quarter of
Section 1, Township 37 North, Range 2 East, City of South Bend, St. Joseph County,
Indiana, described as follows: Beginning at a point on the South line of Corby Street, 220.51
feet North 89 048127" East (assumed bearing) of the intersection of the South line of Corby
Street and the Easterly line of Niles Avenue, said point being the Northwest corner of a tract
of land conveyed to the City of South Bend, Indiana by Instrument Number 7803739
recorded March 3, 1978 in the Office of the St. Joseph County, Recorder; thence South
25 °06'03" East along the Westerly line of said City of South Bend tract, 149.87 feet; thence
North 16 °17'47' Past, 141.77 feet to the South line of Corby Street; thence South 89 °49'27"
West along said South line of Corby Street, 103.36 feet to the point of beginning.
PARCEL 11: A parcel of land located in the Northwest Quarter of the Southwest Quarter of
section 1, Township 37 North, Range 2 East, City of South Bend, St. Joseph County,
Indiana, described as follows: Beginning at the intersection of the 25 °06'03" East (assumed
bearing) along the Easterly line of Niles Avenue, 242.74 feet; thence North 64 053157" East,
200.00 feet to the Westerly line of a tract of land conveyed to the City of South Bend,
Indiana by Instrument Number 7803739 recorded March 3, 1978 in the office of the St.
Joseph County Recorder; thence North 25 006103" West along said Westerly line, 149.87 feet
to the South line of Corby Street; thence South 89 °48'27" West along said South line of
Corby Street, 220.51 feet to the point of beginning.
and which has Key Number 18 -5038- 134602 and 18 -5038 -1343 , 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 three (3) 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.
Member of the Common Council
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PRESENTED 6 -9_97
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