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HomeMy WebLinkAboutConfirming Tax Abatement - Massachusetts Mutual Life Insurance Company/Scottsdale Mall Corner or Ireland Rd. & Miami Rd. (10 Year Real Property)RESOLUTION NO. 1949 -92 Passed by the Common Council of the City of South Bend, Indiana, May 26, 92 Clerk Presented by me to the Mayor of the City of South Bend,I May 27, 92 19 of Common Council. City Clerk Approved and signed by me _ / , L �� _/ 19� Mayor RESOLUTION NO. tai A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS THE SOUTHEAST CORNER OF IRELAND AND MIAMI ROADS SOUTH BEND, INDIANA TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN YEAR REAL PROPERTY TAX ABATEMENT FOR MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY /SCOTTSDALE MALL 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 the Southeast corner of Ireland and Miami Roads, South Bend, Indiana and which is more particularly described as follows: A parcel of real estate in the County of St. Joseph State of Indiana and described as follows: A parcel being part of the North Half of the Southwest Quarter of Section 30, Township 37 North, Range 3 East, City of South Bend, Centre Township, St. Joseph County, Indiana, described as follows: Commencing at the Northwest corner of said quarter; thence South 89 °54'37" East (bearing assumed) along the North line of said quarter, a distance of 260.00 feet to the point of beginning; thence continuing along said North line, a distance of 1052.00 feet, thence South 00 °05'11" West, a distance of 870.00 feet; thence North 89 °59'16" East, a distance of 53.00 feet; thence South 00 °04'32" West, a distance of 150.00 feet; thence South 89 055'20" East, to the West line of Scottsdale Addition, Section "A ", a distance of 484.86 feet; thence South 00 °25'08" East, along said West line to the North right -of -way of U.S. Route 20 bypass, a distance of 156.52 feet; the next (8) calls being on the North said right -of -way; thence Deed; South 69 °58'00" West, a distance of 421.39 feet, (measured: South 70 °28'36" West, 313.64 feet and South 70 027'31" West, 106.22 feet) to the South line of said North Half; thence along said North line, North 89 052'45" West, a distance of 1397.83 feet; thence North 0 005'50" East, along the East side of a tract purchased by I.D.O.T. for right -of -way, a distance of 788.54 feet; thence North 89 027'44" West, to the East right -of -way line (county), a distance of 19.84 feet; thence along the said East right -of -way line South 0 004'21" East, a distance of 788.69 feet; thence North 89 °52'45" West, a distance of 40.00 feet to the West line of said quarter section; thence North 00 000'00" East, along said West line, a distance of 1046.67 feet; thence Deed: South 89 054'26" East, a distance of 260.00 feet, thence North 00 °00'00" East, a distance of 270.00 feet to the point of beginning. with said real estate having the following Key Nos. 231009 - 0582.231009- 0582B. and 231009 - 0582C, 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 R. 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. EJS01009 PRESENTED NOT APPROVED ADOPTcD 5 aG -9A MOM Member of the Comm Council Filed in Clerk's Office APR 2 1 �? g�� snta ON CITY CLER SO. BEND, IN.