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HomeMy WebLinkAboutConfirming Tax Abatement - West Washington Street Housing 1200 Block of W. Washington (10 Year Real Property)RESOLUTION NO. 1967 -92 Passed by the Common Council of the City of South Bend, Indiana Attest: August 24, M Presented by me to the Mayor of the City of South Bend. Indiana August 25, 92 19 1' � Approved and signed by me August 25 Clerk of Common Council. City Clerk Mayor RESOLUTION NO. A94'P 7- V A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA COMMONLY KNOWN AS THE 1200 BLOCK OF WEST WASHINGTON TO BE AN ECONOMIC REVITALIZATION AREA FOR THE PURPOSES OF A TEN YEAR REAL PROPERTY TAX ABATEMENT FOR WEST WASHINGTON STREET HOUSING 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 com- monly known as the 1200 block of West Washington and which is more particularly described as follows: Parcel I: a parcel of land in the Northwest Quarter of Section 11, Township 37 North, Range 2 East, Portage Township in the City of South Bend, St. Joseph County, Indiana, being lots 1 through 8 inclusive and a portion of Spruce Street of John K. Fowler's Sub- division of Bank outlots No. 85 and 86 as recorded in Plat Book 2, Page 13 in the office of the St. Joseph County Recorder; Parcel II: a parcel of land in the Northwest Quarter of Section 11, Township 37 North, Range 2 East, Portage Township in the City of South Bend, St. Joseph County, Indiana, being lots A, B, C, and 103 through 106, parts of Lots 102, 107, 108, and 109, and a vacated alley of Commissioner's Subdivision of Bank Outlot No. Seventy Nine (79) of the Second Plat of Outlots of the Town, now City of South Bend as recorded in Plat Book 3, Page 40, in the office of the St. Joseph County Recorder and being more particu- larly described as follows: Beginning at the southwest corner of Lot A in said subdivision (also being the intersection of the north line of Washington Street and the east line of Walnut Street); thence North, along the east line of Walnut Street, 166.20 feet to the northwest corner of said Lot A; thence East, along the south line of a 14 foot alley, 313.07 feet to the east line of Spruce Street; thence North, along the east line of Spruce Street, 32.9 feet to the south line of a 14 foot alley; thence East, along the south side of said 14 foot alley, 125.05 feet to the east line of a vacated 14 foot alley; thence South, along the east line of said vacated alley, 198.41 feet to the north line of Washington Street; thence West, along the north line of Washington Street, 439.60 feet to the Point of Beginning; Parcel III: a parcel of land in the East half of the Northwest Quarter of Section 11, Township 37 North, Range 2 East, Portage Township in the City of South Bend, St. Joseph County, Indiana, being lots 9 and 10 of Rockafeller's addition to South Bend as recorded in Plat Book 2, Page 8 in the office of the St. Joseph County Recorder; with said real estate having the following Key Nos.: Parcel I: 18- 3072 -2831 18- 3072 -2832 18- 3072 -2833 18- 3072 -2834 18- 3072 -2835 18- 3072 -2836 18- 3072 -2837 18- 3072 -2838 18 -3072- 2838.01 18- 3072 -2840 18- 3072 - 2841.01 18- 3072 -2841 18- 3072 -2842 Parcel II: 18- 1044 -1903 18- 1044 -1905 18- 1044 -1906 18- 1044 -1907 18- 1044 -1908 18- 1044 -1909 18- 1044 -1910 18- 1044 -1911 18- 1044 -1912 18- 1044 -1913 18- 1044 -1914 18- 1044 -1915 18- 1044 -1917 Parcel III: 18- 1040 -1764 18 -1040 -1763 18- 1040 -1762 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 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 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. Memb r off-/the Common Council Filed in Clerk's Office PRESENTED 8 -077' - 7 ? JUL 1992 NOT APPROY?D ADOPTED �� o? �S%�,'{ CITY CLERK SO�RFNn