HomeMy WebLinkAboutConfirming Tax Abatement - Toll Road Industrial Partners L.P. Lot 18C Toll Road Industrial Park (10 Year Real Property)RESOLUTION
NO. 2113 -94
Passed by the Common Council of the City of South Bend,
March 28, 19 94
Attest, City Clerk
President of Common Council.
Presented by me to the Mayor of the City of South Bend, India
Approved and signed by me
March 29 f 19 94
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City Clerk
3/30 19 9V. .
Mayor
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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 18C TOLL ROAD INDUSTRIAL PARK, AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A TEN -YEAR
REAL PROPERTY TAX ABATEMENT FOR
TOLL ROAD INDUSTRIAL PARTNERS L.P.
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 18C Toll Road Industrial Park and which is more
particularly described as follows:
A parcel of land in the southeast quarter of Section 21, Township 38
North, Range 2 East, German Township, St. Joseph County, Indiana and
described as follows:
Beginning at the northeast corner of the southeast quarter of said
Section 21: Thence north 00 degrees 45' 45" west along the east line of
Lot 18 -B of Gainey's replat of Lot 20, Section 1 and Lot 18, Section 6, Toll
Road Industrial Park, as recorded under Instrument Number 9029253,
dated October 19, 1990, in the Office of the Recorder, St. Joseph County,
Indiana, a distance of 943.54 feet to the northeast comer of said Lot 18 -13;
thence south 88 degrees 53' 36" west along the north line of Lot 18 -B, a
distance of 932.88 feet; thence south 00 degrees 56' 57" east, along the
west line of Lot 18 -B, a distance of 1130.08 feet; thence north 88 degrees
53' 36" east, a distance of 930.01 feet to the east line of Lot 18 -B; then
north 01 degrees 00' 44" west, along the east line of Lot 18 -B, a distance
of 186.55 feet to the place of beginning, and containing 24.1557 acres,
more or less, and is subject to any easement, restrictions and /or
covenants of record.
and which has Key Number 25 -1013 -0216, be designed as an
Economic Revitalization Area under the provisions of Indiana Code 6-
1.1- 12.1 -1 et sea.• and South Bend Municipal Code Sections 2 -76 et
sea.. and
WHEREAS, notice of 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 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 ten (10) 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 approval by the
Mayor.
l s€ T 3 /a s/9 4.1
NOT APPROVED
ADOPTED 3 /a g /9' G
Filed in Clerk's Office
E � '� 1994
6PTY Cker.'Yi, �. 6 @ND. IN.