HomeMy WebLinkAboutDesignating Tax Abatement - Redi-Mix Concrete Plant by Transit-Mix, Inc. 715 W. Ireland Rd. (5 Year Personal Property)Attest:
NO. 7_ UTION
Passed by the Common Council of the City of South Bend,
October 22, 90
19
Clerk
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Attest: % President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
October
Approved and signed by me
23, 90
9
October 26
City Clerk
19 90—.
Mayor
RESOLUTION NO. I V `L- C/0
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 FIVE (5) YEAR PERSONAL 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 00 -00 -00 West along the
West 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 personal 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 personal property
tax deduction for a period of five (5) 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.
i
Member of t ommo ouncil
re:transll
PRESENTED 16._ a ;�, -QO
NOT APPROVED
ADOPTED 10 -
Filed in Clerk's Office
?1 Jr 3 1990