HomeMy WebLinkAboutDesignating Tax Abatement - Monroe Park Disposition Parcel No. M2-8 (6 Year Real Property) (2) RESOLUTION
NO. 1522-87
Passed by the Common Council of the City of South Bend, Indiana,
July i i , 19 87
Attest: ` City Clerk
Attes , _.A / c �' �J�r President of Common Council.
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Presented by me to the Mayor of the City of South Bend, Indiana
July 14, 19 87
City Clerk
Approved and signed by me SV'\ � 19 X/ •
'" ar / Mayor
RESOLUTION NO. gl 7
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE
CITY, COMMONLY KNOWN AS MONROE PARK DISPOSITION
PARCEL NO. M2-8, AN ECONOMIC REVITALIZATION AREA
FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT.
WHEREAS , a petition for real property tax abatement
consideration has been filed with the Common Council of the City
of South Bend, requesting that the. area..commonly known as Monroe
Park Disposition. Parcel No. M2-8, South Bend, Indiana, and which
is more particularly described by a line drawn as follows:
A parcel of land being Lots 5 , 6 , 7 and 8 , and the East half of a
vacated 11- foot -wide alley lying West of and adjacent to said Lots 6 ,
7 , 8 , all in Moses Stern ' s Subdivision of parts of Lots 19 and 20 ,
Denniston and Fellows Addition , South Bend , Indiana , and being more
particularly described as follows , viz :
Beginning at a point on the West right-of-way line of Fellows Street
( 60 feet wide ) , said point being South 0°-02 ' 20" East a measured fJ
distance of 147. 65 feet from the intersection of said West line with
the South right-of-way line of Monroe Street ( 82 . 5 feet wide ) , said
point being the Northeast corner of Lot 5 in said Moses Stern ' s
Subdivision ; thence South 0°-01 ' 20" East , along the West line of said
Fellows Street, being also the East line of Lots 5 , 6 , 7 and 8 in
said subdivision , a measured distance of 117 . 52 feet to the Southeast
corner of said Lot 8 ; thence North 890-55 ' -40" West , along the South
line of said Lot 8 and said South line projected , a measured distance
of 137 . 28 feet to the centerline of an 11-foot -wide alley ; thence
North 0°-02 ' -49 " East , along said centerline and 5 . 50 feet West of
the West line of said Lots 8 , 7 , and 6 , a measured distance of 85. 37
feet to the North line of said Lot 6 , projected West ; thence South
89° -55 ' -56" East , along said projected line , a distance of 5 . 50 feet
to the Northwest corner of said Lot 6 ; thence North 0°-02 ' -49" East ,
along a West line of said Lot 5 , a measured distance of 10. 04 feet to
a Northwesterly corner of said Lot 5 ; thence South 89° -57 ' -42" East,
along a North line of said Lot 5 , thence South 89°-57 ' -42" East along
a North line of said Lot 5 , a measured distance of 19 . 35 feet ; thence
North 0°-02 ' -16" West , along a West line of said Lot 5 , a measured
distance of 22. 10 feet to a Northwesterly corner of said Lot 5 ;
thence South 89°-55' -38" East , along the most Northerly line of said
Lot 5 , a measured distance 112 . 29 feet to the point of beginning .
be designated as an Economic Revitalization Area under the
provisions of Indiana Code 6-1 . 1 -12. 1 -1 , et seq. ; and
WHEREAS, the Redevelopment Commission has concluded an
investigation and prepared a report with information sufficient
for the Common Council to determine that the area qualifies as an
Economic Revitalization Area under Indiana Code 6-1 . 1 -12. 1 -1 , et
seq. , and has further prepared maps and plats showing the
boundaries and such other information as required by law of the
area in question; and
WHEREAS the Human Resources and Economic Development
Committee of the Common Council has reviewed said report and
recommended to the Common Council that the area qualifies as an
Economic Revitalization Area.
NOW, THEREFORE, BE IT RESOLVED, by the Common Council of the
City of South Bend, Indiana, as follows:
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SECTION I . That the Common Council hereby accepts the
report and recommendation of the Human Resources and Economic
Development Committee that the area herein described be
designated an Economic Revitalization Area and hereby adopts a
resolution designating this areas as an Economic Revitalization
Area for purposes of real property tax abatement.
SECTION II. That this designation shall be limited to six
( 6 ) calendar years after the adoption of this Resolution by the
Common Council.
SECTION III. That the Common Council directs the City Clerk
to cause notice of the adoption of this resolution to be
published, said publication providing notice of the public
hearing before the Common Council on said declaration.
Section IV. This Resolution shall be in full force and
effect from and after its adoption by the Common Council and
approval by the Mayor.
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(embt - of t 'e Common Co �t it
riled In Clerk's Office
PRESENTED 7_/3-'7 JUL 81987 �9
NOT APPROVED IRENE GAMMON
ADOPTED 7'I 3 -11 CITY CLERK, SO, BEND, IN.
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