HomeMy WebLinkAboutConfirming Tax Abatement - The Joseph Podell Co. Inc. 3680 W. Sample St. (10 Year Real Property)Attest
RESOLUTION
NO. 2355 -96
Passed by the Common Council of the City of South Bend, Indiana,
May 13, iq 9.6
Clerk
Attest:Cf _President of Common Council.
Presented by me to the Mayor of the City of South Bend. Indiana
May 15, 19 96
City Clerk
Approved and signed by me 19Y�_.
0
Mayor
RESOLUTION NO. a 35S -%
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
3680 WEST SAMPLE STREET
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR THE
JOSEPH PODELL COMPANY, 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 3680
West Sample Street and which is more particularly described as follows:
That part of the Northeast quarter of Section 18, Township 37 North, Range
2 East, City of South Bend, St. Joseph County which is described as: From
the Northwest corner of the East half of the Northeast quarter of said section
measure South 90° 99' 00" West along the North line of said section, 630.00
feet and South 000 02' 31" East 40.00 feet and North 90° 00' 00" East 300.02
feet (300.00 feet record) and South 000 04' 00" West 578.33 feet (South 00° 01'
52" West, 579.125 feet record) and North 89° 24' 13" East, 13.64 feet (North
890 59' 13" East 13.745 feet record) and South 00° 00' 38" East 250.27 feet to
the point of beginning of this description; thence South 89° 55' 49" West along
the North line of Industrial Avenue (now vacated), 159.99 feet; thence South
000 03' 24" West 400.60 feet; thence South 89° 55' 41" East along the
Northerly line of the New Jersey, Indiana and Illinois Railroad, 289.00 feet;
thence North 00° 03' 24" East 363.03 feet; thence North 89° 56' 24" West
128.96 feet; thence North 00° 00' 38" West 38.00 feet to the point of
beginning.
and which has Key Number 18- 8112- 421509, 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 confnms 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 H. 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 -12.1 gt 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.
P:\ MIKE \TAXAEATE \AEATES96 \PODELL2.RES
PRESENTED S-/3-96
NOT APPROVED
ADOPTERS -/3 -9
Member of the
2
Council
Filed in Clerk's Office
MAR 1 0 1996
LOREWA J. 5U5A
CRT CLERK, $0. SEND. 9L