HomeMy WebLinkAboutConfimring Tax Abatement - Airpark Place 3600 McGill St. (6 Year Real Property)Attest:
RESOLly2T)9ON
Passed by the Common Council of the City of South Bend, Indiana,
June
12, 10 89
Presented by me to the Mayor of the City of South Bend,
June
13, 89
19
Clerk
President of Common Council.
Approved and signed by me_
`k-
e
O
City Clerk
Mayor
RESOLUTION NO. Ij a
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA COMAONLY IWOWN AS 3600 MCGILL STREET TO BE
AN ECONOMIC
REVITALIZATION AREA FOR PURPOSES OF A SIX YEAR REAL
PROPERTY TAX ABATEMENT FOR
AIRPARK PLACE
WHEREAS, the Common Council of the City of South Bend, Indiana
has adopted a Declaratory Resolution designating certain area within
the City as Economic Revitalization Areas for the purpose of tax
abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly
:mown as 3600 McGill Street and which is more particularly described
as follows:
Commencing at the Northwest Corner of said Section 28; thence
South 89 48'05" West (the bearing of the South line of the
Southeast Quarter of Section 28 is assumed North 90 00'00"
West) a distance of 1305.00 feet along the North boundary of
said Northeast Quarter to the centerline intersection of
Cleveland Road and Yenmore Street; thence South 00 00'23"
West and a distance of 363.70 feet to a cross cut in the
pavement; thence South 09 59'37" East a distance of 531.87
feet to a cross cut in the centerline of Kenmore Street;
thence South 80 00'23" West a distance of 40.00 feet to a 1;2
inch iron rebar; thence North 54 59134" West, 14.14 feet;
thence South 80 00'23" West, 86.41 feet; thence Southwesterly
90.16 feet along a segment of a curve to the right, having a
radius of 1944.86 feet, subtended by a chord, having a
bearing of South 81 20'03" West and a length of 90.15 feet to
the Point of Beginning; thence South 00 00'23" West, 332.35
feet; thence North 89 59137" West, 352.17 feet; thence North
00 00123" East, 366.40 feet; thence South 89 59'37" East,
103.57 feet; thence Northeasterly 249.28 feet along a curve
to the left, having a radius of 1944.86 feet, subtended by a
chord , having a bearing of North 86 20107" East and a length
of 249.11 feet to the Point of Beginning and containing
2.9925 acres, more or less, and is subject to all easements,
restrictions and or covenants or record.
as an Economic Revitalization Area; and
WHEREAS, the 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 objection from interested
person; 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 six (6) yeas.
SECTIOA' III. This Resolution shall be in full force and
effect from and after its adoption by the Common Council and
apprmal by the Mayor.
f the Commo cil
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APR 2 5 1989
IRENE GAMMO.
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PRESENTED (� -IR-- 8 5
OT APPROVE6
ADOPTED (,, - I d - � �