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HomeMy WebLinkAboutConfirming Tax Abatement - Midwest Embroidery Inc. 3600 McGill (5 Year Personal Property)Attest RESOLUTION NO. 2105 °94 Passed by the Common Council of the City of South Bend, Indiana, March 14, 19 94 Clerk President of Common Council. Presented by me to the Mayor of the City of South Bend, India March 15, 19--9A. Approved and signed by me 3/17 19q'� City 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 3600 MC GILL TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF 5 YEAR PERRSONAL PROPERTY TAX ABATEMENT FOR MIDWEST EMBROIDERY, 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 3600 McGill and which is more particularly described as follows: A part of the Northeast Quarter (NE 1/4) of Section 28, Township 38 North, Range 2 East, City of South Bend, St. Joseph County, Indiana, described as follows: Commencing at the Northeast corner of said Section 28, thence South 89 °- 48'05" West (the bearing of the South line of the Southeast Quarter (SE 1/4) of Section 28 is assumed North 90 °- 00' -00" West) a distance of 1305.00 feet along the North boundary of said Northeast Quarter (NE 1/4) to the centerline intersection of Cleveland Road and Kenmore Street; thence South 000- 00' -23" West and a distance of 363.70 feet to a cross cut in the pavement: thence South 09 °- 59' -37" East a distance of 531.87 feet to a cross cut in the centerline of Kenmore Street; thence South 80 °- 00' -23" West a distance of 40.00 feet to a 1/2 inch iron rebar; thence North 54 °- 59' -34" West a distance of 14.14 feet; thence South 800- 20' -03" West and length of 90.15 feet to the point of beginning; thence South 00 °- 00' -23" West a distance of 382.35 feet; thence North 89 °- 59' -37" West 352.17 feet; thence Northeasterly a distance of 43.47 feet along a segment of a curve to the left, having a radius of 50.00 feet, subtended by a chord, having a bearing of North 58 °- 12' -33" East and a length of 42.11 feet; thence Northeasterly a distance of 26.65 feet along a segment of a curve to the right, having a radius of 67.50 feet, subtended by a chord, having a bearing of North 44 °- 41' -25" East and a length of 26.65 feet, thence South 89 °- 59' -37" East a distance of 49.04 feet; thence Northeasterly a distance of 249.28 feet along a curve to the left, having a radius of 1944.86 feet, subtended by a chord, having a bearing of North 86 °- 20' -07" East and a length of 249.11 feet to the point of beginning. with said real estate having the following Key No. 25 1010 038510, as an Economic Revitalization Area; and -more- CFM 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 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 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. PRESENTED 3 /1 y / 9 q NOT APPROVED ADOPTED 3 // (F / C? L i Member of the Common C it Filed In Clerk's Office FE6 0 4 1994 IRENE GAMMON CITY CLERK, $0. BEND, IN.