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HomeMy WebLinkAboutConfirming Tax Abatement - Dennis R. Reiner d/b/a Midwest Machine Products, Inc. (6 Year Real Property)RESOLUTION NO. 2263 -95 Passed by the Common Council of the City of South Bend, Indiana June 26, 19 95 Attest:`e �' ' a City Clerk Attest of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana June 27, 95 19 'r City Clerk Approved and signed by me 19 5. , , —A� Mayor RESOLUTION NO. dQOJS A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS PARCEL 16, SOUTHEAST CORNER OF GARST STREET AND LAFAYETTE BOULEVARD, TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX (6) YEAR REAL PROPERTY TAX ABATEMENT FOR DENNIS R. REINER (DBA: MIDWEST MACHINE PRODUCTS, 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 Parcel 16, southeast corner of Garst Street and Lafayette Boulevard and which is more particularly described as follows: That part of the Northwest Quarter of Section 13, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana which is described as: Lots 41, 42, 43 and 44 as shown on the recorded Plat of "South Bend City ", as platted by Samuel Morrison, now within and a part of the City of South Bend, in St. Joseph County, Indiana, in the records of the St. Joseph County, Indiana, Recorders Office and being more particularly described as: Beginning at the Northwest Corner of Lot 44 as shown on the recorded Plat of "South Bend City ", as platted by Samuel Morrison, now within and a part of the City of South Bend, in St. Joseph County, Indiana, in the records of the St. Joseph County, Indiana, Recorders Office ; thence N. 890- 52' -08" W. along the north line of said Lot and the south right -of -way line of Garst Street, 164.86 ft. (Record 165.0 ft.) to the northeast corner of said Lot and the west right -of -way line of a 14 ft. public alley; thence S. 000- 20' -52" E. along said right -of -way line, 264.54 ft. (Record 264.0 ft.) to the southeast corner of Lot 41 in said Subdivision and the north right -of -way line of a 14 ft. public alley; thence S. 890- 51' -51" W. along said Lot line and right -of -way line, 165.07 ft. (Record 165 ft.) to the southwest corner of said Lot and the east right -of -way line of Lafayette Blvd.; thence N. 000- 18' -06" W. along said east right -of -way line, 264.55 ft. (Record 264.0 ft.) to the Point of Beginning. Containing 1.0019 Acres or 43,641 square feet. and which has Key Number 18- 8003 -0119 through 18- 8003 -0125, 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 H. The Common Council hereby determines that the property owner is qualified for and is granted Real property tax deduction for a period of six (6) 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 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 Mem of the CKnnnon Council MB: mike /taxabate /taresrp2 PRESENTED NOT APPROVED ADOPTED Filed in Clerk's office N'MY 2 � iB95 IHENET;dNEMOA C(TYClENK, Sc:, B�iaD, 4W