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HomeMy WebLinkAboutDesignating Tax Abatement - Redi-Mix Concrete Plant by Transit-Mix, Inc. 715 W. Ireland Rd. (3 Year Real Property)NO. RESRLUTION Passed by the Common Council of the City of South Bend, Indiana, October 22, 90 19 Clerk Attest :Z President of Common Council. Presented by me to the Mayor of the City of South Bend, October 2.3, 90 9 Approved and signed by me October 26 19 90 City Clerk Mayor RESOLUTION NO. JO J(D A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA COMMONLY KNOWN AS 715 WEST IRELAND ROAD, SOUTH BEND, INDIANA 46614 TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A THREE (3) YEAR REAL PROPERTY TAX ABATEMENT FOR THE CONSTRUCTION OF A REDI -MIX CONCRETE PLANT BY TRANSIT -MIX, INC., AN INDIANA CORPORATION 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 715 West Ireland Road, South Bend, Indiana 46614, and which is more particularly described as follows: A part of the Northeast Quarter of Section 26, Township 37 North Range 2 East, Center Township, St. Joseph County, Indiana, described as follows: Beginning at a found stone located at the Northeast corner of the Southwest Quarter of said Northeast Quarter; thence South 0 -58 -10 West along the East line of said quarter- quarter section a distance of 965.19 feet to the Northeast corner of the parcel described in a deed to Lyle E. Osborne and Mildred M. Osborne recorded as Instrument number 7910794 in the Office of the Recorder of St. Joseph County, Indiana; thence South 90 -00 -00 West 288.74 feet (288.62 feet record) to the Northwest corner of said Osborne parcel; thence south 09 -00 -00 West along the8West line of said Osborne parcel and its Southerly extension a distance of 345.00 feet to the South line of said Northeast Quarter (centerline of Ireland Road) ; thence South 90 -00 -0 West (record bearing) along said south line a distance of 39.70 feet; thence North 0 -00 -00 East 1140.00 feet to the Northeast corner of the parcel described in a deed to Rosemary D. McNamee recorded as Instrument number 9002603 in the Office of the Recorder of St. Joseph County, Indiana; thence South 90 -00 -00 West along the North line of said McNamee parcel a distance of 301.36 feet to the Easterly right -of -way line of the Pennsylvania Railroad; thence North 28 -57 -19 East along said railroad right -of -way line a distance. of 642.65 feet; thence South 18 -58 -09 East 415.35 feet; thence North 89 -50 -42 East 200.00 feet to the point of beginning. 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 three (3) years. 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. 2 ember of the mmon C�il re:transllaa PRESENTED i0- aa"g0 NOT APPROVED ADOPTED 10- a -a- -90 in Clerk's Office