HomeMy WebLinkAboutConfirming Tax Abatement - Rick E. & Vickie D. Newman Lot 4 Toll Road Industrial Park (3 Year Real Property)Attest:
RESOLUTION
NO. 2155 -94
Passed by the Common Council of the City of South Bend, Indiana
Attest
July 11, 19 94_
Clerk
Presented by me to the Mayor of the City of South Bend, Indiana
July
Approved and signed by me
12, 94
19
G
of Common Council.
City Clerk
7 /3 199
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
LOT 4, TOLL ROAD INDUSTRIAL PARK
TO BE AN ECONOMIC REVITALIZATION
AREA FOR PURPOSES OF A THREE (3) YEAR REAL
PROPERTY TAX ABATEMENT FOR
RICK E. AND VICKIE D. NEWMAN
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 Lot
4, Toll Road Industrial Park and which is more particularly described as follows:
That part of the northeast Quarter of section 21, T. 38 N., R. 2 E., German Township, City
of South Bend, St. Joseph County, Indiana which is described as: beginning at a point on
the East line of said section which is N. 00° - 50' -42" W., 315.78 ft. from a stone marking
the East Quarter post of said section; thence S. 88° - 53' -01" W., 347.61 ft. to the East line
of William Richardson Court; thence along said East line N. 00° - 59' -02" W., 4.91 ft.;
thence around a 60.00 ft. radius curve to the left an are distance of 52.86 ft. to the end of a
chord which bears N. 26° - 13' -24" W. and having a distance of 51.17 ft.; thence around a
50.00 ft. radius curve to the right an arc distance of 44.05 ft. to the end of a chord which
bears N. 26° - 13' -24" W. and having a distance of 42.64 ft.; thence N. 00° - 59' -02" W.,
255.14 ft.; thence N. 88° - 53' -01" E., 388.45 ft. to the East line of said section; thence
along said East line S. 00° - 50' -42" E., 345.00 ft. to the point of beginning. Containing
3.0283 acres
with said real estate having the following Key No.: 25- 1013 -0216, 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 confnms 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 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 sea.
SECTION III. This Resolution shall be in full force and effect from and after its adoption
by the Common Council and approved by t
ML:resolut /txabres4
PRESENTED
NOT APPROVED
ADOPTED
Filed in Clerk's Office
JUN 1 1994
IRENE GAMMON
CITY CLERK, SO.OPND, IN.