HomeMy WebLinkAboutConfirming Tax Abatement - Bangor Refrigeration Corp. 3620 W. McGill Ct. (5 Year Personal Property)RESOLUTION
NO. 1648 -88
Passed by the Common Council of the City of South Bend, Indiana
September 76.
Clerk
Presented by me to the Mayor of the City of South Bend, Indiana
September 27, 19 88 .
of Common Council.
Approved and signed by me September 27, 19 88
City Clerk
Mayor
RESOLUTION NO. LLJq -sW
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, INDIANA COMMONLY KNOWN AS 3620 WEST McGILL
COURT TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES
OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR
BANGOR REFRIGERATION CORP.
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 West McGill and which is more particularly described as follows:
A part of the Northeast Quarter of Section 38, Township 38 North, Range 2
East, of the City of South Bend, German Township, St. Joseph County,
Indiana, and described as follows:
Commencing at the Northeast corner of said Section 28; thence South
89048'05" West along the North line of said Quarter Section, 1305.00
feet; thence South 00000'23" West along the centerline of Kenmore
Street, 363.70 feet; thence South 09059'37" East along said centerline,
486.87 feet to the centerline intersection of Kenmore Street and McGill
Street; thence South 80000'23" West along the centerline of McGill
Street, 303.50 feet; thence North 89059'37" West along said centerline,
270.66 feet to the Point of Beginning, thence South 00000'23" West,
401.41 feet; thence North 89059'37" West, 523.60 feet; thence North
00002'41" East, 401.40 feet; thence South 89059'37" 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.
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.
ee-6 @rb Clerk's Office
SEP 21 1988 " "�
b e?— IRENE GAMMON
NOT APPROVED "TY rlERK, SO. BFNI�:
ADOPT 9 - a Co - ge