HomeMy WebLinkAboutDesignating Tax Abatement - 701 S. Chapin St. (5 Year Personal Property) RESOLUTION
NO. 1526-87
Passed by the Common Council of the City of South Bend, Indiana,
J"iv 27,-19 87.
Attest: ! City Clerk
Attest.,4!sf President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
July 28, 19 87
City Clerk
Approved and signed by me 8LIA8 2S' 14a.
/ cw71,-..)- Mayor
RESOLUTION NO. tS a. -47
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
701 SOUTH CHAPIN STREET
AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT.
WHEREAS, a petition for personal property tax abate-
ment consideration has been filed with the Common Council of
the City of South Bend, requesting that the area commonly known
as 701 South Chapin Street, South Bend, Indiana, and which is
more particularly described as follows :
Situate in St. Joseph County in the State of Indiana:
That part of Bank Out Lots No. Seventy-six (76) ,
Seventy-seven (77) and Seventy-eight (78) of the Out
Lots of the Town, now City of South Bend platted by
the State Bank of Indiana, and of Bank Out Lots
Ninety-one (91) , Ninety-two (92) , Ninety-three (93) ,
One Hundred Four (104) , One Hundred Five (105) and One
Hundred Six (106) of the 2nd Plat of the Out Lots of
the Town, now City of South Bend, platted by the State
Bank of Indiana, bounded by the following described
line: Beginning at a point on the East line of Arnold
St. 669 . 54 feet North of the South line of said Bank
Out Lot Ninety-three (93) ; thence Northeasterly at an
angle to the right of 61°45 ' a distance of 52.48 feet;
thence at an angle to the right of 20°14 ' a distance
of 43 .28 feet; thence at an angle to the right of
8°20 ' a distance of 211. 68 feet; thence at an angle to
the right of 16°27 ' for a distance of 91.39 feet;
thence at an angle to the right of 0°5 ' a distance of
50 . 0 feet; thence at an angle to the right of 0°7 ' a
distance of 50. 0 feet; thence at an angle to the left
of 0°5 ' a distance of 50 . 0 feet; thence at an angle to
the right of 0°2 ' a distance of 50 .0 feet; thence at
an angle to the left of 0°12' a distance of 50 . 0 feet;
thence at an angle to the right of 0°17 ' a distance of
50 .0 feet; thence at an angle to the right of 3°41' a
distance of 49 . 52 feet; thence at an angle to the left
of 0°27 ' a distance of 100. 0 feet; thence at an angle
to the left of 0°50 ' a distance of 50 . 0 feet; thence
at an angle to the left of 0°52 ' a distance of 50 . 0
feet; thence at an angle to the left of 1°13 ' a
distance of 50 . 0 feet; thence at an angle to the left
of 0°54 ' a distance of 50 . 0 feet; thence at an angle
to the left of 0°28 ' a distance of 50. 0 feet; thence
at an angle to the left of 0°5 ' a distance of 50 . 0
feet; thence at an angle to the left of 0°11' a
distance of 50 . 0 feet; thence at an angle to the left
of 0°27 ' a distance of 50.0 feet; thence at an angle
to the left of 0°17 ' a distance of 50. 0 feet; thence
at an angle to the left of 0°25 ' a distance of 50.0
feet; thence at an angle to the left of 0°9 ' a
distance of 50.0 feet; thence at an angle to the right
of 7°30 ' a distance of 18 . 56 feet; thence at an angle
to the left of 19°10 ' a distance of 82. 19 feet to a
point on the South right of way of the New York
Central Railroad; thence at an angle to the right of
10°9 ' a distance of 114 . 58 feet, along said right of
way; thence at an angle to the left of 1°13 ' or at an
angle with the West line of Chapin Street of North
77°48 ' West a distance of 64 . 7 feet along said Right
of Way, to the intersection of the said Right of Way
and the West line of Chapin Street, said intersection
is 361.25 feet North of the center line of Ford Street
at the West line of Chapin Street; thence South on the
West line of Chapin Street a distance of 966 . 96 feet
to the North line of Dunham Street; thence West along
the North line of Dunham Street a distance of 351. 78
feet to the East line of 3rd alley West of Chapin
Street, thence North on the East line of said alley a
distance of 129 .36 feet to the North line of the 1st
alley North of Dunham Street, thence West along the
North line of aforesaid alley a distance of 959 . 8 feet
to the West line of McPherson Street, thence South
along the West line of McPherson Street a distance of
766.55 feet to the North line of Sample Street, thence
West along the North line of Sample Street a distance
of 306 . 95 feet to the East line of Arnold Street,
thence North along the East line of Arnold Street a
distance of 1277.4 feet to the South line of Bank Out
Lot Ninety-three (93) (and the South line of Ford
Street) , thence East on the South line of Bank Out Lot
Ninety-three (93) a distance of 225 .0 feet to a point,
thence North on a line parallel with and 225 . 0 feet
East of East line of Arnold Street a distance of 145 . 5
feet to the North line of the first alley South of
Grace Street, thence West on the North line of the
aforesaid alley a distance of 65 . 0 feet to a point;
thence North on a line parallel with and 160 . 0 feet
East of the East line of Arnold Street a distance of
115 .5 feet to the South line of Grace Street; thence
East on the south line of Grace Street a distance of
89 .0 feet to a point; thence North on a line parallel
with and 249 .0 feet East of the East line of Arnold
Street a distance of 165. 5 feet to the North line of
the alley North of Grace Street; thence West along the
North line of the aforesaid alley a distance of 249 . 0
feet to the East line of Arnold Street; thence North
along the East line of Arnold Street a distance of
243 . 0 feet to the point of beginning.
Subject to an easement for an alley 10 feet wide the
West line of which is 225.0 feet East of the East line
of Arnold Street and extends from Grace Street to Ford
Street, also an easement for intersection of the alley
North of Grace Street with the alley East of Arnold
Street.
Also a part of Bank Out Lot No. Ninety-three (93) of
the 2nd Plat of Out Lots of the Town, now City of
South Bend platted by the State Bank of Indiana,
described as follows : Commencing at the intersection
of the North line of Grace Street and the East line of
Arnold Street; thence North along the East line of
Arnold Street a distance of 115 . 5 feet to the South
line of alley North of Grace Street; thence East on
the South line of aforeseaid alley a distance of 40 . 0
feet; thence South on a line parallel with and 40 . 0
feet East of the East line of Arnold Street a distance
of 115. 5 feet to the North line of Grace Street;
thence West along the North line of Grace Street a
distance of 40.0 feet to the point of beginning.
be designated as an Economic Revitalization Area under the pro-
visions 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
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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 . That the Common Council hereby accepts the
report and recommendation of the Human Resources and Economic
Development Committee that the area herein described be desig-
nated an Economic Revitalization Area and hereby adopts a
resolution designating this area as an Economic Revitalization
Area for purposes of personal property tax abatement.
SECTION II . That this designation shall be limited to
five (5) calendar 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
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.
'OAS c.1.� / t �
emb=/ of t �e Common OCuncil
PRESENTED 7 7--.1/
7
NOT APPROVED 71 del
ADOPTED 7- 2 7- t 7i �J
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