HomeMy WebLinkAboutConfirming Tax Abatement - Miles Distributors Inc. 2525 N. Foundation Dr. (3 Year Real Property)RESOLUTION
NO. 2175 -94
Passed by the Common Council of the City of South Bend,
September 26, 1994
Attest: City Clerk
Presented by me to the Mayor of the City of South Bend,
September 27, 94
19
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President of Common Council.
City Clerk
Approved and signed by me �BP1�E'b7 ✓e/' a7 19 -W.
Mayor
RESOLUTION NO. a�75 -9y
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN
AS 2525 N. FOUNDATION DRIVE, SOUTH BEND, IN, TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR
REAL PROPERTY TAX ABATEMENT FOR
MILES DISTRIBUTORS, INC.
a
Declaratory Resolution designating certain areas within the City as Economic
tion Areas for the purpose of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly known as 2525 N.
Foundation Drive, South Bend, Indiana, and which is more particularly described as
follows:
A tract of land in the Southwest Quarter of Section 28,
Township 38 North, Range 2 East, St. Joseph County, Indiana
described as Lot 3-4 of Airport Industrial Park, Phase III,
more particularly described as follows:
Commencing at the Southeast corner of said Section 28;
thence N 90o00'00" W a distance of 2642.71 feet on and
along the South line of said Section; thence S 89x57133" W a
distance of 171.27 feet along the South line of said Quarter
Section; thence N 00000'47" E along the centerline of Foun-
dation Drive a distance of 1090.00 feet, thence N 89059'13" W
a distance of 40.00 feet to the West line of Foundation Drive
and the true place of beginning, thence N 89059'13" W a
distance of 450.00 feet; thence N Wo00'47" E a distance of
210.00 feet; thence S 89059'13" E a distance of 450.00 feet;
thence S 00000'47" W a distance of 210.00 feet to the place of
beginning.
with said real estate having the following Key Number 25- 1010 - 040004, 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- 1 -2.5; and
WHEREAS, the Council held a public hearing for the purposes of hearing all remon-
strances 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 designa-
ting 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.
(Revised 11/26/90)
Filed ?Ba cixweC`� „;ortsn
(G 2Y(5 j�rfi
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 three (3) 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 se,.
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.
MSC.Dl /081894/ srh /c:msc /miles2.res
PRESENTED Q �L- qY
N.,. ^.?PROVED,
ADOPTED 9� '�b 4//''
(Revised 11/26/90) 2
Mem onzmon Council
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MYCLEM ,80.� a. �