HomeMy WebLinkAboutDesignating Tax Abatement - Holladay Corporation 220 W. Colfax (10 Year Real Property) RESOLUTION
NO. 1523-87
Passed by the Common Council of the City of South Bend, Indiana,
July 13, 19 87
Attest: ` ~ zw t City Clerk
Attest:-L„". C e President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
July 14, 19 87
e City Clerk
Approved and signed by me v I\.I 4 1981 .
4- �
Mayor
RESOLUTION NO. /5--nag 7
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
220 W. COLFAX
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 220
W. Colfax Avenue, South Bend, Indiana, and which is more
particularly described by a line drawn as follows:
Parcel I:
Lots Numbered One (1) , Two (2) , Seven (7) , Eight (8) , and the
East one-third (1/3) of Lot Number Four (4) as shown on the
recorded plat of J. C. Knoblock' s Subdivision of Lots Numbered
245 and 246 in the Original Plat of the Town, now City, of South
Bend, Indiana, recorded in Plat Book 8, page 15 in the Office of
the Recorder of St. Joseph County, Indiana.
EXCEPTING from said Lot Number Two (2) the following: A strip of
land bounded by a line described as beginning at the Northwest
corner of Lot 2 in Knoblock' s Subdivision of Lots 245 and 246 in
the original plat of South Bend, Indiana, thence running easterly
on the North line of said Lot 2 a distance of 31. 65 feet to a
point that is 0.50 feet east of the east end of the existing
Party Wall; thence south a distance of 1.25 feet; thence westerly
parallel with the North line of said Lot 2 to a point on the West
line thereof, said point being 1.25 feet south of the point of
beginning; thence North on the West line of Lot 2 along the west
end of said Party Wall to the place of beginning; said exception
being the real estate described in that certain Quit-Claim Deed
dated March 21, 1986, and recorded as Instrument 8606081 in the
Office of Recorder, St. Joseph County, Indiana.
Said Lot Number Two (2) is subject to the terms and provisions of
a certain privilege agreement dated March 21, 1986, and recorded
as Instrument 8606082 in the Office of Recorder, St. Joseph
County, Indiana.
Said Lot Number Two (2) is subject to the terms and provisions of
a certain "Party Wall Cancellation Agreement" dated April 25,
1986, and recorded as Instrument #8606080 in the Office of
Recorder, St. Joseph County, Indiana.
Parcel II:
ALSO, Lot Numbered Two Hundred Forty-Four (244) and the East 60
feet of Lots Numbered Two Hundred Forty-Five (245) and Two
Hundred Forty-Six (246) as shown on the Original Plat of the
Town, now City, of South Bend, Indiana.
Subject to any rights public may have to use a private alley
located over the South 10 feet of the East 60 feet of said Lot
Two Hundred Forty-Five (245) .
Page Two
Parcel III:
Lot Lettered "A" as shown on the recorded plat of J.C.
Knoblock's Subdivision of Lots Two Hundred Forty-Five (245) and
Two Hundred Forty-Six (246) in the Original Plat of the Town, now
City, of South Bend, Indiana, recorded in Plat Book 8, page 15,
in the office of the Recorder of St. Joseph County, Indiana, said
alley being ten (10) feet in width, East and West, and fifty (50)
feet in length, North and South, being adjacent to and East of
Lots One (1) , Two (2) , and the South Onehalf (1/2) of Lot Three
(3) in said J.C. Knoblock's Subdivision of said Lots Numbered 245
and 246.
Subject to the right of the owner of Lot Numbered Three (3) in
said J.C. Knoblock's Subdivision of Lots Numbered 245 and 245 in
the Original Plat of the Town, now City, of South Bend, Indiana,
to use said alley designated Lot "A" on the aforesaid plat.
The building located upon the described real estate was entered
on the National Register of Historic Places on June 5, 1985, and
is subject to the terms and provisions of the National Historic
Preservation Act of 1966.
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:
SECTION I. 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 area as an Economic Revitalization
Area for purposes of real property tax abatement.
SECTION II. That this designation shall be limited to ten
(10) years from the date of 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
purblished, 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.
f -
PRESENTED 7-/s- r7 Memb�' of th- C. on C�r -ii
NOT APPROVED
ADOPTED 7-/S- 17