HomeMy WebLinkAboutConfirming Tax Abatement - Bangor Refrigeration Building Addn. Project 3620 W. McGill St. (10 Year Real Property)Attest:
RESOLUTION
NO. 1888 -91
Passed by the Common Council of the City of South Bend, Indiana,
Attest:
October
14, 91
19
Presented by me to the Mayor of the City of South Bend, Indiana
October
15,
91
19
Clerk
of Common Council.
City Clerk
Approved and signed by me /47JIJ1 19�.
Mayor
RESOLUTION NO. 1888 -9 1
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, INDIANA, COMMONONLY KNOWN AS
3620 W. MC GILL STREET
TO BE AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR
(REAL) PROPERTY TAX ABATEMENT FOR
BANGOR REFRIGERATION BUILDING ADDITION PROJECT
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
3620 W. McGill Street and which is more particularly described as follows:
Commencing at the Northeast corner of said Section 28; thence
South 89 °48'05" West along the North line of said Quarter
Section, 1305.00 feet; thence South 00° 00123" West along the
centerline of Kenmore Street, 363.70 feet; thence South
09 059137" East along said centerline, 486.87 feet to the
centerline intersection of Kenmore Street and McGill Street;
Thence South 80 000'23" West along thecenterline of McGill
Street, 303.50 feet; thence North 89 059137" West along said
centerline, 270.66 feet to the Point of Beginning; thence South
00 000123" West, 401.41 feet; thence North 89 059'37" West,523.60
feet; thence North 00 °02141" East, 401.40 feet; thence South
89 °59137" West, 523.23 feet to the Point of Beginning, and
containing 4.823 acres, more or less, and is subject to all
easements, restrictions, and or limitations of record.
with said real estate having the following Key No. 25 1010 038519, 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 ofthe 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 or
Peraoria3? 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 I1. The Common Council hereby determines that the property owner
is qualified for and is granted (Real er- Pereenai} 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 Counci4_-aj�d approval by the Mayor.
mmm /o -/ ti -9 / . _
NOT APPROVED Mem ofthe Common Counc
ADOPTED AP