HomeMy WebLinkAboutConfirming Tax Abatement - Accuride Indiana, Inc. 4300 Quality Dr. (5 Year Personal Property)RESOLUTION
NO. 1984 -92
Passed by the Common Council of the City of South Bend, Indiana,
November 9, ,o 92
Attest:_ —. __ T `P'`'`te _ );—", — _ City Clerk
Attest:— a�<n�% U/ President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
November 10, 92
19
Approved and signed by me
Clerk
Mayor
RESOLUTION NO. 190'1>-'9R
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA COMMONLY KNOWN AS
4300 QUALITY DRIVE
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A 5 YEAR PERSONAL
PROPERTY TAX ABATEMENT FOR
ACCURIDE INDIANA, 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 4300 Quality
Drive and which is more particularly described as follows:
Parcel I:
Lot Numbered Eight (8) as shown on the recorded Plat of Landmark Business Park, Section Six,
Part One, recorded October 19, 1989 in the Office of the Recorder of St. Joseph County, Indiana,
as Instrument No. 8928004.
Parcel II:
A tract of land in the North Half of Section 19, Township 38 North, Range 2 East, City of South
Bend, German Township, St. Joseph County, Indiana, said tract being more particularly described
as follows:
Commencing at the North Quarter corner of said Section 19; thence South 00 °54'38" East on the
along the East line of said Northwest Quarter 110.75 feet to the South right -of -way line of Brick
Road; thence North 88 °47'24" West on and along said South line a distance of 845.29 feet;
thence South 00 °52'04" East a distance of 679.54 feet, said point being the true place of
beginning; thence continuing South 00 °52'04" East a distance of 175.75 feet to PC of a 25.00
foot radius curve to the right; thence along said curve through a central angle of 49 °40'45', a
chord length of 21.00 feet which bears South 23 °58'19" West, an arc distance of 21.68 feet to
a point of reverse curve with a 60.00 foot radius curve to the left; thence along said curve
through a central angle of 93 °47'08 ". a chord length of 87.60 feet which bears South 01 °55'07'
West, an arc distance of 98.20 feet; thence South 45 001'33" West a distance of 25.00 feet; thence
South 89 °55'38" West a distance of 395.50 feet; thence North 00 °52'04" West a distance of
300.00 feet; thence North 89 055'38" East a distance of 426.53 feet to the place of beginning.
Subject to legal highways
with said real estate having the following Key No(s). 25- 1017 -0604, 25 -1017 -0602 and 25 -1017-
0602.01, 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 erp sonal 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 11. The Common Council hereby determines that the property owner is qualified for
and is granted erp sonal 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.
Mlislfi O a
NOT APPROVE6
ADOP FcD //- 9 -!Pa
Member of the Common Council
Filed in Cle,k's Q icefficef�