HomeMy WebLinkAboutConfirming Tax Abatement - Precision Millwork & Plastics Inc. 3601 McGill (5 Year Personal Property)RESOLUTION
NO. 2318 -95
Passed by the Common Council of the City of South Bend, Indiana
December 18, 19 � 95
Attest: /6- ""� City Clerk
Attest:
Presented by me to the Mayor of the City of South Bend, Indiana
December
19,
95
19
of Common Council.
City Clerk
Approved and signed by me ��� 2)c 19
G.
Mayor
RESOLUTION NO. �319-95
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
,SOUTH BEND, INDIANA, COMMONLY KNOWN AS
3601 MCGILL
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A FIVE YEAR
PERSONAL PROPERTY TAX ABATEMENT FOR
PRECISION MILLWORK & PLASTICS, INC.
3601 MCGILL, SOUTH BEND, INDIANA 46628
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 3601 McGill, South Bend, Indiana 46628, and which is more
particularly described as follows:
A part of the NE 1/4 of Section 28, Township 38 North,
Range 2 East, City of South Bend, St. Joseph County,
Indiana, described as follows:
Commencing at the northeast corner of Section 28; thence
South 89048105" West along the north line of said quarter
section a distance of 1305.00 feet; thence South 0000123"
West along the centerline of Kenmore Street a distance of
363.70 feet; thence South 9059137" East along said
centerline a distance of 486.87 feet to the centerline
intersection of Kenmore Street with McGill Street; thence
South 80000'23" West along the centerline of McGill
Street a distance of 303.50 feet; thence North 89059137"
West along said centerline a distance of 270.66 feet;
thence North 0000123" East a distance of 35.00 feet to
the north right -of -way boundary of said McGill Street and
the point of beginning; thence North 0000'23" East a
distance of 366.65 feet; thence North 89048'36" East a
distance of 260.00 feet; thence South 0000'23" West a
distance of 361.04 feet to the north boundary of said
McGill Street; thence Southwesterly along said boundary
156.61 feet along an arc to the right having a radius of
1874.86 feet and subtended by a long chord having a
bearing of South 89048136" West and a length of 156.43
feet; thence North 89059'37" of beginning and containing
2.172 acres, more or less.
Above tract of land is encumbered by an easement
described as follows:
1. An easement for wastewater and stormwater systems
located into, under, upon, over and across a strip
of land 12.5 feet in width with its north boundary
being the north boundary of the above - described
tract of land.
with said real estate having the following Key No. 25- 1010 - 038514,
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
Ind. Code S 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 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 Ind. Code S 6 -1.1 -12.1
et seq.
SECTION III. This Resolution shall be in full force and effect
from and after its adoption by the Common Council and approval by
the Mayor.
PRESENTED / 2--I 45
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ADOPTED %Z —�p 95
2.
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N4V 14 X995
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