HomeMy WebLinkAboutConfirming Tax Abatement - Design Packaging, Inc. Southeast Corner of Lafayette Blvd. & Bronson St. (10 Year Real Property)RESOLUTION
NO. 2244 -95
Passed by the Common Council of the City of South Bend, Indiana—
Attest
May 22, f9 95
Clerk
Presented by me to the Mayor of the City of South Bend. Indiana
May 23, 95
19
of Common Council.
Approved and signed by me 19 9S.
9
Clerk
Mayor
RESOLUTION NO.
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN
THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS
THE SOUTHEAST CORNER OF LAFAYETTE BLVD. AND BRONSON STREET
TO BE AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF A TEN YEAR REAL PROPERTY TAX ABATEMENT FOR
DESIGN PACKAGING, 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 the southeast corner of Lafayette Blvd. and Bronson Street
in South Bend, Indiana, and which is more particularly described as
follows:
That part of the Southwest Quarter of Section 12,
Township 37 North, Range 2 East, Portage Township, City
of South Bend, St. Joseph County, Indiana which is
described as: Tract 2 of the Plat of "Studebaker
Corporation Replat" as Recorded in Plat Book 11, page
184 the records of the St. Joseph County, Indiana
Recorder's Office; thence South 890 48' 29" West along
the south line of said Tract and the north right -of way
line of Tutt Street, 172.63 feet (Record S. 890 50' 22"
West, 172.44 feet) to the West line of said Tract and the
east right -of -way line of Lafayette Blvd.; thence North
000 10' 41" West along said right -of -way line, 765.22
feet (Record, North 000 12' 10" West, 764.97 feet) to the
North line of said Trace and the south right -of -way line
of Bronson Street; thence S. 890 10' 55" East along said
right -of -way line, 172.26 feet (Record, South 001 12' 29"
East, 172.38 feet) to the northeast corner of said Tract;
thence South 000 12' 29" East along the East line of said
Tract, 7262.18 feet (Record, South 000 12' 28" East,
764.35 feet) to the Point of Beginning.
Containing 3.0231 acres or 131,687 square feet.
with said real estate having the following Key No. 18- 3041 -1558, 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 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 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.
Memblof e Common Council
Filed In Cierk's 4f(lce
PRESENTED 5- as -gJ 2 L=ANK11 7
NOT APPROVED
ADOPTED 5- aa'1..) MMGAMWN
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