HomeMy WebLinkAboutConfirming Tax Abatement - Schafer Gear Works Inc. 814 S. Main St. (5 Year Personal Property)RESOLUTION
NO. 2285 -95
Passed by the Common Council of the City of South Bend,
October 9, 19 95
Attest: 1""""'— /(— /�
Attest:
Presented by me to the Mayor of the City of South Bend, Indiana
October
Approved and signed by me
10, 95
19
lo- it
Clerk
of Common Council.
City Clerk
9S
Mayor
Resolution No. z- / /
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATIING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
814 S. MAIN ST., SOUTH BEND, IN 46601
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A 5 —YEAR PERSONAL
PROPERTY TAX ABATEMENT FOR
SCHAFER GEAR WORKS, 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 designaed the area commonly known as 814 S.
Main St., South Bend, IN 46601, and which is more particularly described as follows:
PARCEL I: All of hots Numbered One Hundred Nine (109) and One Hundred Ten
(110) as shown on the recorded Plat of Daniel Gant's 1st addition to South Bend City,
now within and a part of the City of South Bend.
PARCEL II: All of Lots Numbered Two Hundred Fifty —seven (257) and Two
Hundred Fifty —eight (258) as shown on the recorded Plat of Daniel Garst's
Subdivision of a part of his 1st addition to South Bend City, now a part of the City of
South Bend.
PARCEL III: All of Lots Numbered Two Hundred Eleven (211) and Two Hundred
Twelve (212) as shown on the recorded Plat of Daniel Garst's 1st addition to the South
Bend City, now within and a part of the City of South Bend.
PARCEL IV: Beginning at the Northwest comer of Lot Two Hundred Twenty (220) in
Garst's First addition to South Bend City now within and a part of the City of South
Bend, Indiana, as recorded in Plat Book 3, page 41 in the Office of the Recorder of St.
Joseph County, Indiana, said beginning point being the intersection of the South line of
said vacated 14 foot alley with the East right —of —way line of Main Street as now exist:
thence north 0 degrees 00'00" East (bearing assumed) along said East right —of —way
line of Main Street, a measured distance of 52.13 feet to the South line of the North
30.00 feet of said Lot Two Hundred Sixty (260); thence North 89 degrees 57'40" East
along said South line and parallel with the North line of said Lot 260, a measured
distance of 200.37 feet to the East line of Lot Two Hundred Twelve (212) in Garst's
First addition; thence Spouth 0 degrees 1021" West along the East line of said Lot
212, a measured distance of 51.93 feet to the Northeast comer of Lot Two Hundred
Thirteen (213) in said Gant's First addition being also the Southeast corner of a 14
South 89 foot alley vacated by Vacation Resolution 3444; thence South 89 degrees
56'20" West along the South line of said vacated 14 foot alley, a measured distance of
200.25 feet to the place of beginning.
PARCEL V: All of Lots Numbered Two Hundred (213), Two Hundred Fourteen
(214), Two Hundred Fifteen (215), Two Hundred Sixteen (216), and the East 10 feet of
Lot Numbered Two Hundred Seventeen (217) all as shown on the recorded Plat of
Daniel Garst's 1st addition of South Bend City, now within and a part of the City of
South Bend, excepting therefrom the South 25 feet thereof.
PARCEL VI: All of Lots Numbered Two Hundred Eighteen (218), Two Hundred
Nineteen (219), and Two Hundred Tweenty (220), and the West 15 feet of Lot
Numbered Two Hundred Seventeen (217) all as shown on the recorded Plat of Daniel
Garst's 1st addition to South Bend City, now within and a part of the City of South
Bend. excepting_ therefrom the South 24.5 feet thereof.
With said real estate having the following Key No. 18 3042 1621, 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 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 Indiana Code 6 -1.1 -12.1 et sq.
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 10-9-95
Me er WEommon Council
NOT APPROVED
ADOPTED