HomeMy WebLinkAboutConfirming Tax Abatement - Garphyttan Wire North American Corp. Southwest Corner of Nimtz Pkwy & Commerce Dr. (5 Year Personal Property)Attest:
RESOLUTION
NO. 2319 -95
Passed by the Common Council of the City of South Bend, Indiana
December 18,lq 95
Presented by me to the Mayor of the City of South Bend, India
December 19, 95
19
Clerk
of Common Council.
City Clerk
Approved and signed by me � -�50 Iq
Mayor
RESOLUTION NO. X31 9' L
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
SOUTHWEST CORNER OF NIMTZ PARKWAY
AND COMMERCE DRIVE
TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
GARPHYTTAN WIRE NORTH AMERICAN CORPORATION
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
Southwest corner of Nimtz Parkway and Commerce Drive and which is more particularly
described as follows:
Lots 16 and 17 of the H.G. Baus Centre Industrial Park which are a part of:
The Southwest Quarter (1/4) of Section 21, Township 38 North, Range 2 East, excepting
therefrom the following two tracts:
Tract 1: Commencing at the Northwest corner of the Southwest 1/4 of Section 21, Township
38 North, Range 2 East, thence in an Easterly direction along the North line of said Quarter
Section a distance of 650.41 feet to the point of beginning, thence continuing along the said
North line in an Easterly direction, on the arc of a circular curve to the right of 0° 58'28.1
a distance of 983.65 feet to the East line of said Quarter Section; thence in a Southerly
direction along said East line a distance of 350.36 feet; thence in a Northwesterly direction
on the arc of a circular curve to the left of 01' 01'36.8" a distance of 2148.26 feet to the
point of beginning.
Tract 2: A part of the Southwest 1/4 of Section 21, Township 38 North, Range 2 East, St.
Joseph County, Indiana, described as follows: Beginning at the Northeast corner of said
Quarter Section; thence South 00° 52'00" East 424.89 feet along the East line of said
Quarter Section to the Northern Boundary of the Indiana East -West Toll Road; thence along
said Northern boundary northwesterly 989.03 feet along an arc to the left having a radius of
5,879.58 feet and subtended by a long chord having a bearing of North 65° 33144" West and
a length of 987.87 feet to the North line of said Quarter Section; thence North 88° 57'48"
East 893.08 feet along said North line to the point of beginning.
(Subject to final Area Plan Commission approval of final subdivision)
and which has Key Number 25- 1010 -0361, 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 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 Indiana Code 6 -1.1 -12.1 et sep.
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.
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