HomeMy WebLinkAboutDesignating Tax Abatement - John R. & Lai-Lo Gould 2422 Viridian Dr. (3 Year Real Property)Attest:
RESOLUTION
NO. 2212 -95
Passed by the Common Council of the City of South Bend, Indiana
Attest:
January 9, 19 95
Presented by me to the Mayor of the City of South Bend,
January
Approved and signed by me
10, 95
Clerk
of Common Council.
19
City Clerk
19 q5.
Mayor
RESOLUTION NO.
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING
CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 2422
VIRIDIAN DRIVE AN ECONOMIC REVITALIZATION AREA FOR THE PURPOSES OF A THREE YEAR
REAL PROPERTY TAX ABATEMENT FOR
JOHN R. & LAI -LO GOULD
WHEREAS, a petition for real property tax abatement has been filed with the
City Clerk for consideration by the Common Council of the City of South Bend,
Indiana requesting that the area commonly known as 2422 Viridian Drive, South
Bend, Indiana, and which more particularly described as follows:
That part of the Southeast quarter of Section 28, T. 38 N., R. 2
E., City of South Bend, St. Joseph County, Indiana which is described as:
Beginning at a point which is the intersection of the West Right of Way line of
Bendix Drive and the North line of of Viridian Drive which is n. 00'- 02' -06"
W., 771.89 ft. from a Point on the South line of said Section which is N.90'-
00'-00" W. (assumed bearing). 40.00 ft. from an iron in a Monument Box marking
the Southeast Corner of said Section ; thence around a 40.00 ft. Radius curve
to the Right an Are distance of 72.33 ft. to the end of a chord which bears S.
51'- 46' -11" w. and having a distance of 62.87 ft.; thence around a 210.00 ft.
Radius curve to the Right an Are distance of 77.97 ft. to the end of a chord
which bears n. 65'- 47' -20" W. and having a distance of 77.52 ft.; thence around
a 586.97 ft. Radius curve to the Left an Arc distance of 357.00 ft. to the end
of a chord which bears N. 72'- 34' -35" W. and having a distance of 351.52 ft.;
thence S. 90'- 00'- 00 "W., 268.26 ft.; thence N. 00'- 22' -17" E., 169.87 ft.;
thence N.69'- 2l' -01" E., 771.91 ft. (771.89 ft. Record); thence s. 00'- 02' -06"
E., 152.84 ft.; thence S. 90'- 00'- 00 "W., 125.00 ft.; thence s. 00'- 02' -06" E.,
264.00 ft.; thence N. 90'- 00' -00" e., 125.00 ft.; thence S. 00 "- 02' -06" E.,
123.38 ft. to the Point of Beginning. Containing 4.92 Acres.
and which has Key Number 25 1010 040804, be designated as an Economic
Revitalization Area under the provisions of Indiana Code 6 -1.1- 12.1 -1 et seq.
and South Bend Municipal Code Sections 2 -76 et seq., and;
WHEREAS, the Department of Economic Development has concluded an investigation
and prepared a report with information sufficient for the Common Council to
determine that the area qualifies as an Economic Revitalization Area under
Indiana Code 6 -1.1- 12.1 -1, et seq., and South Bend Municipal Code Sections 2-
76, et seq., and has further prepared maps and plats showing the boundaries and
such other information regarding the area in question as required by law; and
WHEREAS, the Human Resources and Economic Development Committee of the Common
Council has reviewed said report and recommended to the Common Council that
the area qualifies as an Economic Revitalization Area.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
Indiana, as follows:
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SECTION 1. The Common Council hereby determines and finds that the Petition
for Real Property Tax Abatement and the Statement of Benefits form completed
by the Petitioner meet the requirements of Indiana Code 6 -1.1- 12.1 -1 et seq.,
and qualifies under the relevant provisions of South Bend Municipal Code
Sections 2 -76 et seq., for tax abatement.
SECTION 2. The Common Council hereby determines and finds the following:
A. That the description of the proposed redevelopment or rehabilitation
meets the applicable standards for such development.
B. That the estimate of the value of the redevelopment or rehabilitation
is reasonable for projects of this nature;
C. That the estimate of the number of individuals who will be employed
or whose employment will be retained by the Petitioner can reasonably be
expected to result from the proposed described redevelopment or
rehabilitation;
E. That the other benefits about which information was requested are
benefits that can be reasonably expected to result from the proposed
described redevelopment or rehabilitation;
F. That the totality of benefits is sufficient to justify the requested
deduction, all of which satisfy the requirements of Indiana Code 6 -1.1-
12.1-3; and
G. That the petition qualifies as a special exception under Section 2-
84 of the South Bend Municipal Code since there is limited access to the
property, since the area surrounding the office park is 50% Ravine, and
since the property adjacent to the office park has caused substantial
difficulty for development.
SECTION 3. The Common Council hereby determines and finds that the proposed
described redevelopment or rehabilitation can be reasonably expected to yield
benefits identified in the Statement of Benefits set forth as Sections I
through II of the Petition for Real Property Tax Abatement Consideration and
that the Statement of Benefits form prescribed by the State Board of Accounts
are sufficient to justify the deduction granted under Indiana Code 6 -1.1-
12.1 -3.
SECTION 4. The Common Council hereby accepts the report and recommendation
of the Human Resources and Economic Development Committee that the area
herein described be designated an Economic Revitalization Area and hereby
adopts a Resolution designating this area as an Economic Revitalization Area
for purposes of real property tax abatement.
SECTION 5. The designation as an Economic Revitalization Area shall be
limited to two ( 2 ) calendar years from the date of the adoption of this
Resolution by the Common Council.
SECTION 6. The Common Council hereby determines that the property owner is
qualified for and is granted property tax deduction for a period of three (3)
years.
SECTION 7. The Common Council directs the City Clerk to cause notice of the
adoption of this declaratory Resolution for Real Property Tax Abatement to be
published pursuant to Indiana Code 5 -3 -1 and Indiana Code 6- 1.1- 12.1 -2.5, said
publication providing notice of the public hearing before the Common Council on
the proposed confirming of said declaration.
SECTION 8. This Resolution shall be in full force and effect from and after
its adoption by the Common Council and approval by the Mayor.
Membe
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PRESENTED /- - q6
NOT APPROVED cc-- ,�. °°��,,��
ADOPTED / - _ �� AS A me°-NDE:b
the Common Council
Filed in Cie-,
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@�@ DEC 1 6 1994
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SECTION 1. The Common Council hereby determines and finds that the Petition
for Real Property Tax Abatement and the Statement of Benefits form completed by
the Petitioner meet the requirements of Indiana Code 6- 1.1- 12.1 -1 et seq., and
qualifies under the relevant provisions of the South Bend Municipal Code
Sections 2 -76 et seq., for tax abatement.
SECTION 2: The Common Council hereby determines and finds the following:
A. That the description of the proposed redevelopment or
rehabilitation meets applicable standards for such
development.
B. That the estimate of the value of the redevelopment or
rehabilitation is reasonable for projects of this nature;
C. That the estimate of the number of individuals who will be
employed or whose employment will be retained by the
Petitioner can reasonably be expected to result from the
proposed described redevelopment or rehabilitation;
D. That the estimate of the annual salaries of those individuals
who will be employed or whose employment will be retained by
the Petitioner can be reasonably expected to result from the
proposed redevelopment or rehabilitation;
E. That the other benefits about which information was requested
are benefits that can be reasonably expected to result from
the proposed described redevelopment or rehabilitation; and
F. That the totality of benefits is sufficient to justify the
requested deduction, all of which satisfy the requirements of
Indiana Code 6 -1.1- 12.1 -3.
SECTION 3. The Common Council hereby determines and finds that the proposed
described redevelopment or rehabilitation can be reasonably expected to yield
benefits identified in the Statement of Benefits set forth as Sections 1
through 2 of the Petition for Real Property Tax Abatement Consideration and
that the Statement of Benefits form prescribed by the State Board of Accounts
are sufficient to justify the deduction granted under Indiana Code 6- 1.1 -12.1-
3.
SECTION 4. The Common Council hereby accepts the report and the
recommendation of the Human Resources and Economic Development Committee that
the area herein described be designated an Economic Revitalization Area and
hereby adopts a Resolution designating this area as an Economic Revitalization
Area for the purposes of real property tax abatement.
SECTION 5. The designation as an Economic revitalization Area shall be
limited to two (2) calendar years from the date of the adoption of this
resolution by the Common Council.
SECTION 6. The Common Council hereby determines that the property owner is
qualified for and is granted property tax deduction for a period of three (3)
years.
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