HomeMy WebLinkAboutConfirming Tax Abatement - Mack Tool & Die, Inc. 2820 Viridian St. (3 Year Real Property)RESOLUTION
NO, 1767 -90
Passed by the Common Council of the City of South Bend, Indiana
February 12, 90
Attest:_ _ City Clerk
Attest:
Presented by me to the Mayor of the City of South Bend,I
February 13, 90
Approved and signed by me
F
14
19
of Common Council.
$
Clerk
Mayor
RESOLUTION NO. o6 7 l %0
A RESOLUTION CONFIRMING THE ADOPTION OF A
DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS
WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY
KNOWN AS 2820 VIRIDIAN STREET, SOUTH BEND,
INDIANA, TO BE AN ECONOMIC REVITALIZATION AREA FOR
THE PURPOSES OF A THREE YEAR REAL PROPERTY TAX
ABATEMENT FOR MACK TOOL & DIE, INC.
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 2820 Viridian Street, South Bend, Indiana, and which is more
particularly described as follows:
The following described real estate located in St.
Joseph County, in the State of Indiana:
A part of the Southeast Quarter (1/4) of Section
Twenty -eight (28), Township Thirty -eight (38)
North, Range Two (2) East, of the Second Principal
Meridian, City of South Bend, St. Joseph County,
Indiana, and described as follows:
Commencing at the Northeast corner of the South-
east Quarter (1/4) of said Section 28, said point
being at the intersection of Bendix and Boland
Drives; thence South 89 degrees 58 minutes 56
seconds West (bearing assume) along the Southerly
right -of -way line of Boland Drive 1242.51 feet to
the point of beginning; thence South 00 degrees 21
minutes 33 seconds West, 293.00 feet; thence South
89 degrees 58 minutes 56 seconds West, 260.00
feet; thence North 00 degrees 21 minutes 33
seconds East, 293.00 feet, thence North 89 degrees
58 minutes 56 seconds East, 260.00 feet to the
point of beginning.
Subject to legal highways,
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
two (2) calendar years from the
Resolution by the Common Council.
tax abatement only and is limited to
date of adoption of the Declaratory
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.
ILOY�
Member of the ommo ouncil
PRESENTED a- a -4 O
Filed In Clerk's Office
NOT APPROVED =FEB7 ADOPTED D- ) a` qo
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