HomeMy WebLinkAboutDesignating Tax Abatement - South Bend Tribune Corp. 213 & 225 W. Colfax Ave. (5 Year Real Property)RESOLUTION
NO. 1931 -92
Passed by the Common Council of the City of South Bend, Indiana,
April
13,
0
Attest:_ _ ` (�"� _ City Clerk
President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indian
April
14,
92
19
Approved and signed by me_ _ April 14 __— _ 1992
City Clerk
Mayor
RESOLUTION NO. /93/ -9'�
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS
213 & 225 WEST COLFAX AVENUE
SOUTH BEND, INDIANA
AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT FOR
SOUTH BEND TRIBUNE, CORP.
WHEREAS, a petition for personal property tax abatement consideration has been filed
with the Common Council of the City of South Bend, requesting that the area commonly
known as 213 & 225 WEST COLFAX AVENUE, South Bend, Indiana, and which is more
particularly described as follows:
That part of Lots Numbered Two Hundred Twenty-six (226), Two Hundred
Twenty-seven (227) and Two Hundred Twenty-eight (228) as shown on the
Original Plat of the Town, now City of South Bend, as recorded in the records
of St. Joseph County, which is described as:
Beginning at the Southwest comer of said Lot 228; thence North along the
West line of Lots 226, 227 and 228 in said plat 198.00 feet to the Northwest
comer of said Lot 226; thence East along the North line of said Lot 226,
100.00 feet; thence South 139.90 feet; thence West 44.80 feet; thence South
8.0 feet; thence West 17.00 feet; thence South 50.10 feet to the North line of
Colfax Avenue; thence West along said line and the South line of Lot 228,
38.20 feet to the point of beginning. Commonly known as 213 West Colfax.
The east and west alley north of Colfax Avenue and south of LaSalle Avenue
running east from Lafayette Boulevard for a distance of 166 feet to the west
side of an alley running north and south between Colfax Avenue and LaSalle
Avenue in the City of South Bend, Indiana and being that alley located
between Lots 231 and 232 as shown on the recorded Plat of the Town, now
City of South Bend, St. Joseph County, Indiana.
A part of Lot Number 234 in the Original Plat of the Town, now City of
South Bend, bounded by a line running as follows, viz: Beginning at the
Northwest comer of said Lot, thence running east on the North line thereof
165 feet; thence South 50 feet; thence West on a line parallel with the North
line of said lot to the West line of said Lot, 165 feet; thence North on said
west line 50 feet to the place of beginning, being 50 feet front on North
Lafayette Street by 165 feet deep along West Water Street (now LaSalle
Street).
ALSO, a part of Lots 233 and 234 in the Original Plat of South Bend,
bounded as follows: commencing 50 feet South of the Northwest comer of
said Lot 234; thence South on the East line of Lafayette Street 62 feet, more
or less; thence East 165 feet to the East line of said Lot 233; thence North 62
feet, more or less, to a point 50 feet South of the Northeast comer of said Lot
234; thence West to the place of beginning.
1
Twenty-one (21) feet off the entire South side of Lot Numbered Two
Hundred Thirty-three (233) as shown on the Original Plat of the Town, now
City, of South Bend, in St. Joseph County, in the State of Indiana.
Lot Numbered Two Hundred Thirty -two (232) as shown on the Original Plat
of the Town, now City of South Bend, Indiana.
Parcel No. 1. Lots Numbered Two Hundred Twenty-Nine (229), Two
Hundred Thirty (230) and Two Hundred Thirty -One (231) as shown on the
Original Plat of the Town, now City of South Bend;
Parcel No. 2. Lot Numbered Fifteen (15) as shown on the recorded Plat of
Bulla and Patton's Addition to the City of South Bend;
Parcel No. 3. A parcel of land in the North half of Section 14, Township 37
North, Range 2 East in the City of South Bend, in the County of St. Joseph,
in the State of Indiana, more particularly described as follows:
Beginning at the intersection of the North line of the South Bend, St.
Joseph and Southern Railroad right -of -way with the Westerly line of Prairie
Avenue; thence West along said North right -of -way line of railroad, 600.00
feet; thence North perpendicular to said North right -of -way line of railroad,
50.00 feet; thence Northeasterly 325.46 feet to the Southwesterly comer of a
tract of land conveyed to the Indiana Bell Telephone Company, Inc. by the
Indiana National Bank of Indianapolis by virtue of a quit claim deed dated
July 14, 1965, and recorded July 21, 1965, in Deed Record 665, Pages 463 -465,
in the Office of the Recorder of St. Joseph County, Indiana; thence
Southeasterly along the Southerly line of said Indiana Bell Telephone
Company, Inc. tract of land, 383.18 feet to the Southeasterly comer of said
Indiana Bell Telephone Company tract, also being the Westerly line of Prairie
Avenue; thence Southwesterly along said Westerly line of Prairie Avenue,
53.23 feet to the place of beginning, and containing 1.89217 acres;
and this property has Key Numbers 18- 1008029701 for 213 West Colfax Avenue and 18-
10120462. 18- 1012046401 18- 10120466. 18- 10120463 for 225 West Colfax Avenue, be
designated as an Economic Revitalization Area under the provisions of Indiana Code 6 -1.1-
12.1-1 et seq., and South Bend Municipal Code Sections 2 -76 et seq.; and
WHEREAS, the Department of Economic Development has concluded an investigation and
prepared a report with information sufficient for the Common Council to determine that the
area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1- 12.1 -1, et seq.,
and South Bend Municipal Code Sections 2 -76 et sec ., and has further prepared maps and
plats showing the boundaries and such other information regarding the area in question as
required by law; and
WHEREAS, the Human Resources and Economic Development Committee of the Common
Council has reviewed said report and recommended to the Common Council that the area
qualifies as an Economic Revitalization Area.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
Bend, Indiana, as follows:
SECTION I. The Common Council hereby determines and finds pursuant to Indiana Code
6 -1.1- 12.1 -4.5, that:
(a) the estimate of the cost of the new manufacturing equipment is reasonable for
equipment of that type;
(b) the estimate of the number of individuals that will be employed or whose
employment will be retained by the Petitioner can be reasonably expected to result
from the proposed installation of new manufacturing equipment;
(c) the estimate of the annual salaries of those individuals who will be employed
or whose employment will be retained can be reasonably expected to result from the
proposed installation of new equipment;
(d) any other benefits about which information was requested are benefits that
can be reasonably expected to result from the proposed installation of new
manufacturing equipment; and
(e) the totality of benefits is sufficient to justify the deduction requested.
SECTION II. The Common Council hereby determines and finds that the proposed new
manufacturing equipment can be reasonably expected to yield the benefits identified in the
Statement of Benefits as set forth in Section 1 through 3 of the Petition for Personal
Property Tax Abatement Consideration and that the Statement of Benefits Form completed
by the Petitioner, said form being prescribed by the State Board of Accounts, are sufficient
to justify the deduction granted under Indiana Code 6 -1.1- 12.1 -4.5.
SECTION III. The Common Council hereby accepts the report and recommendation of the
Department of Economic Development, and the Human Resources and Economic
Development Committee's favorable recommendation, that the area herein described be
designated as Economic Revitalization Area for purposes of personal property tax
abatement and hereby makes such a designation.
SECTION IV. The Common Council determines that such designation is for personal
property tax abatement only and shall be limited to two (2) calendar years from the date
of the adoption of this Resolution by the Common Council.
SECTION V. The Common Council hereby determines that the property owner is qualified
for and is granted property tax deduction for a period of five (5) years.
SECTION VI. The Common Council directs the City Clerk to cause notice of the adoption
of this Declaratory Resolution to be published pursuant to Indiana Code 5 -3 -1, said
publication providing notice of the public hearing before the Common Council on said
declaration.
SECTION VII. This Resolution shall be in full force and effect from and after its adoption
by the Common Council and approval by the Mayor.
N0T 0?' OVED
/ Member of the Common Council
Esigned only to provlae au
opportunity for public
assd Council action on the
Fred in C!effs riffs s
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