HomeMy WebLinkAboutConfirming Tax Abatement - Petersen Printing Corp. d/b/a Petersen Graphics Group 2920 W. Sample St. (5 Year Personal Property)RESOLUTION
NO. 2193 -94
Passed by the Common Council of the City of South Bend, Indiana,
Attest
November
28, Iq 94
Clerk
Presented by me to the Mayor of the City of South Bend. Indiana
November
Approved and signed by me
29, 94
of Common Council.
19
✓ City Clerk
1-2q 199 ,� .
i
Mayor
RESOLUTION NO. -CJ
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA, COMMONLY KNOWN AS
2920 WEST SAMPLE STREET
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR
PERSONAL PROPERTY TAX ABATEMENT FOR
PETERSEN PRINTING CORPORATION DBA PETERSEN GRAPHICS GROUP
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
]mown as 2920 West Sample Street, South Bend, Indiana, and which
is more particularly described as follows:
Situate in St. Joseph County, in the State of Indiana
A lot or parcel of land in the Northwest Quarter of the
Northwest Quarter of Section Fifteen (15), Township
Thirty -Seven (37) North, Range Two (2) East, described as
follows, to -wit: Beginning on the South line of Sample
Street in the City of South Bend, Indiana, at a point 330
feet East and 35 feet South of the Northwest corner of said
Section 15; thence East along the South line of Sample
Street 400 feet; thence South a distance of 536.78 feet
more or less to the Northerly right of way line of the New
Jersey, Indiana and Illinois Railroad; thence Southwesterly
along said Northerly right of way line of the New Jersey,
Indiana and Illinois Railroad 437.58 feet more or less to a
point due South of the place of beginning; thence North
714.1 feet more or less to the place of beginning.
ALSO, a lot or parcel of land in the Northwest Quarter of
Section Fifteen (15), Township Thirty -Seven (37) North,
Range Two (2) East in the City of South Bend, St. Joseph
County, Indiana, described as beginning 35 feet South and
165 feet East of the Northwest Corner of Section 15,
Township 37 North, Range 2 East, which beginning point is
on the South line of Sample Street; thence East (bearing
assumed) 165 feet along the South lines of said Sample
Street; thence South zero degrees 04 minutes West 714.01
feet to the Northerly right of way line of the New Jersey,
Indiana and Illinois Railroad right of way; thence South 65
degrees 59 minutes 50 seconds West 251.6 feet along said
Northerly right of way; thence North zero degrees 02
minutes 50 seconds East 587.24 feet to a point 229 feet
South and 65 feet West of place of beginning; thence North
89 degrees 50 minutes 50 seconds East 65 feet; thence North
zero degrees 02 minutes 50 seconds East 229 feet to place
of beginning.
EXCEPTING THEREFROM, a parcel of land being a part of the
Northwest Quarter of Section Fifteen (15), Township
Thirty -Seven (37) North, Range Two (2) East in the City
of South Bend, St. Joseph County, Indiana, described as
follows:
Starting at a point 35 feet South and 165 feet East of
the Northwest corner of Section 15, Township 37 North,
Range 2 East which point is on the South line of East
Sample Street; thence South 0 degrees 2 minutes 50
seconds West, 229 feet to the true point of beginning
for this description; thence continuing as an
extension to the last described line South 0 degrees 2
minutes 50 seconds to the Northerly right of way line
of the Norfolk and Western Railroad (N.J.I. and
I.R.R.); thence South 65 degrees 59 minutes 50 seconds
West in a Southwesterly direction along the railroad
right of way to a point which is 109.4 feet
Northeasterly as measured on said railroad right of
way from the West line of Section 15, Township 37
North, Range 2 East; thence North 0 degrees 2 minutes
50 seconds East, 587.24 feet to a point (which point
is 264 feet South and 100 feet East of the Northwest
corner of said Section 15); thence North 89 degrees 50
minutes 50 seconds East, 65 feet to the point of
beginning.
Subject to legal highways.
with said real estate having the following Key numbers
18 8075 282401 and 18 8075 282404, 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 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 sec.
SECTION III. This Resolution shall be in
from and after its adoption by the Common
by the Mayor.
PRESENTED 0 -29-
2� f APPROVED
ADOPTED ll -o28_q q
full force and effect
Council and approval
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