HomeMy WebLinkAboutDesignating Tax Abatement - 902-910 E. Ireland Rd. and Bowen Dr. and High St. (3 Year Real Property) RESOLUTION
NO. 1542-87
Passed by the Common Council of the City of South Bend, Indiana,
October 12, 19 87 .
Attest: ` '° 1 1 City Clerk
Attest: 41 �� 277 President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
October 13 , 19 87
City Clerk
Approved and signed by me £ 1? ZVZ35 _ /.; 19 87
// �� 71/1 Mayor
RESOLUTION NO. 15-'4 ::4 - $V7
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS
902-910 EAST IRELAND ROAD AND BOWEN DRIVE AND HIGH STREETS
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
902-910 East Ireland Road and Bowen Drive and High Streets,
South Bend, Indiana, and which is more particularly described
as follows :
PARCEL I : Beginning at a point on the North line of
the Southeast Quarter of Section 25, Township 37
North, Range 2 East, 836.3 feet West of the Northeast
corner of the said Southeast Quarter; thence South
230 .45 feet parallel with the East line of the South-
east Quarter (East line of Section) ; thence West 100
feet parallel with the said North line of the said
Southeast Quarter; thence North 230 .45 feet parallel
with the East line of the said Southeast Quarter to
the North line of the said Southeast Quarter; thence
East 100 feet along the said North line to the place
of beginning.
PARCEL II : Part of the Southeast Quarter of Section
25, Township 37 North, Range 2 East, beginning at a
point 690 .3 feet West of the Northeast corner of said
Southeast Quarter; thence South 230.45 feet; thence
West 146 feet to true point of beginning of the land
herein described; thence North 65 feet; thence East
57 . 67 feet; thence South 7 feet; thence East 7.33
feet; thence South 58 feet; thence West 65 feet to
beginning.
PARCEL III : Part of the Southeast Quarter of Sec-
tion 25, Township 37 North, Range 2 East, situate in
Centre Township, St. Joseph County, State of Indiana,
and being more particularly described as follows :
Beginning at a masonry nail in the pavement on the
North line of the Southeast Quarter of said Section
25, said point being 936 .3 feet West of an iron pin
monumenting the Northeast corner of the Southeast
Quarter of said Section 25; thence Westwardly along
the North line of the Southeast Quarter of said Sec-
tion 25 a distance of 18 feet to a point; thence
Southwardly with a deflection angle of 88 degrees 38
minutes 50 seconds to the left, and parallel with the
East line of the Southeast Quarter of said Section 25,
a distance of 556 .45 feet to an iron stake; thence
Eastwardly parallel with the North line of the South-
east Quarter of said Section 25, a distance of 114
feet to an iron stake; thence Northwardly parallel
with the East line of the Southeast Quarter of said
Section 25, a distance of 326 feet to a point; thence
Westwardly parallel with the North line of the South-
east Quarter of said Section 25, a distance of 96 feet
to a point; thence Northwardly parallel with the East
line of the Southeast Quarter of said Section 25, a
distance of 230.45 feet to the place of beginning of
this description.
Beginning at a point on the North line of the South-
east Quarter of Section 25, Township 37 North, Range 2
East, 690 .3 feet West of the Northeast corner of the
said Southeast Quarter; thence South 230.45 feet
parallel with the East line of the said Southeast
Quarter (East line of Section) ; thence West 81 feet
parallel with the said North line of the said South-
east Quarter; thence North 55 feet parallel with the
East line of the said Southeast Quarter; thence West
65 feet parallel with the North line of said Southeast
Quarter; thence North 175 .45 feet parallel with the
East line of the said Southeast Quarter; thence East
146 feet to the place of beginning EXCEPTING THEREFROM
a parcel of land described as beginning at the North-
east corner of the Southeast Quarter of said Section
25; thence West 836. 3 feet along the North line of
said Southeast Quarter Section; thence South 165 .45
feet to the point of beginning of the land herein
described; thence continuing South a distance of 10
feet; thence East 65 feet; thence North 3 feet; thence
West 7.33 feet; thence North 7 feet; thence West 57. 67
feet to the point of beginning.
Subject to: the lien of current real estate taxes not
delinquent, all covenants, encumbrances, easements and
restrictions of record, and all tenants ' rights.
A parcel of land being a part of the Southeast Quarter
of Section 25, Township 37 North, Range 2 East, City
of South Bend, Centre Township, St. Joseph County,
Indiana and being more particularly described as fol-
lows :
Beginning at a point on the East line of said South-
east Quarter that is 350 . 00 feet South 0-00 ' -00" East
of the Northeast corner thereof; thence South
0-00 '-00" East, along said East line, a distance of
206.45 feet; thence South 88-38 ' -50" West, parallel
with the North line of said Southeast Quarter, a
distance of 420 . 00 feet; thence South 0-00 '-00" East,
parallel with said East line, a distance of 173 .27
feet to the Northerly right-of-way line of Bowen
Street, a 60 foot right-of-way; thence Westerly along
said Northerly right-of-way line, a distance of 48
feet more or less to its intersection with the
Northerly projection of the West line of a parcel of
land conveyed to St. Joseph Bank and Trust Company by
Warrenty Deed recorded in Deed Record 805, Page 394 et
sequitur in the office of the Recorder of St. Joseph
County, Indiana; thence Southerly, along said West
line, a distance of 174 . 62 feet, more or less, to the
Southwest corner of said St. Joseph Bank and Trust
Company parcel of land; thence Easterly, a distance of
23 feet to the Northwest corner of a parcel of land
coveyed to Franchise Realty Corporation by Warranty
Deed recorded in Deed Record 804, Page 280 in said
Recorder ' s office; thence South 0-00 '-00" East, paral-
lel with the said East line of said Southeast Quarter
and along the West line of said parcel, a distance of
173 . 72 feet to the North line of Widener ' s Addition,
an Unrecorded Subdivision; thence South 88-37 ' 38" West
along said North line and the North line of Harold C.
Widener' s First Addition, Unit "A" to the Southeast
corner of a parcel of land conveyed to Lester Sumrall
Evangelistic Association, Inc. by Warranty Deed
recorded as instrument number 8010363 in said
Recorder' s office; thence North 0-00 ' -00" East, along
the East line of said property, a distance of 461.9
feet to a corner thereof; thence North 88-38 '-50"
-2-
East, along a Southerly line of said Sumrall property,
a distance of 371. 04 feet to a point on the East
right-of-way line of High Street, a 60 foot right-of-
way; thence North 0-00 ' -00" East, along said East
right-of-way line, to the South line of a parcel of
land conveyed to Slenderform/Universal Health Spas,
Inc. by Warranty Deed recorded as instrument number
7810741 in said Recorder ' s office; thence Easterly,
along the South line of said parcel to the Southeast
corner thereof; thence Northerly along the East line
of said parcel, a distance of 174 . 55 feet to its
intersection with the Westerly projection of the South
line of a parcel of land known as "Parcel 1" conveyed
to Standard Federal Savings and Loan Association by
Sheriff ' s Deed recorded as instrument number 8406566
in said Recorder' s office; thence Easterly, parallel
with the North line of said Quarter Section to a point
on the West line of property conveyed to Indiana Bell
Telephone Company, Inc. by Warranty Deed recorded in
Deed Record 629, page 412 in said Recorder ' s office;
thence Southerly, parallel with the East line of said
Quarter Section, a distance of 119 . 55 feet to the
Southwest corner of said parcel; thence Easterly along
the South line of said parcel and its Easterly projec-
tion, a distance of 450 .00 feet to the place of
beginning.
be designated as an Economic Revitalization Area under the
provisions of Indiana Code 6-1. 1-12 . 1-1, et seq. ; and South
Bend Municipal Code section 2-76; and
WHEREAS, the Department of Economic Development 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 South Bend Municipal
Code section 2076, and has further prepared maps and plats
showing the boundaries and such other information regarding the
area in question as required by law; 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 . That the Common Council hereby determines and
finds that the estimate of the number of individuals that will
be employed or whose employment will be retained and the
estimate of the annual salaries of those individuals and the
estimate of the value of the redevelopment or rehabilitation
and any other benefits about which the body designating the
economic revitalization area requires information are benefits
that can be reasonably expected to result from the proposed
described redevelopment or rehabilitation.
SECTION II . That the Common Council hereby determines and
finds the following:
(A) If the proposed redevelopment or
rehabilitation does not occur, the
approximate current year tax rate for the
City would be $
(B) If the proposed redevelopment or
rehabilitation does occur and no deduction
is granted, the approximate current year tax
rate for the City would be $ ;
-3-
(C) If the proposed redevelopment or
rehabilitation occurs, the deduction is
granted, and a deduction percentage of fifty
percent (50%) is assumed, the approximate
current year tax rate for the City would be
SECTION III . That the Common Council hereby
determines and finds that the proposed described redevelopment
or rehabilitation can be reasonably expected to yield the
benefits identified in the statement of benefits set forth as
sections 1 through 3 of the Petition for Real Property Tax
Abatement Consideration and that the statement of benefits is
sufficient to justify the deduction granted under Section
6-1. 1-12 . 1-3 of the Indiana Code.
SECTION IV. 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 area as an Economic
Revitalization Area for purposes of real property tax abatement.
SECTION V. That the designation as an Economic
Revitalization Area shall be limited to two (2) calendar years
from the date of the adoption of this Resolution by the Common
Council .
SECTION VI . That the Common Council hereby determines
that the property owner is qualified for and is granted
property tax deduction for a period of three (3) years .
SECTION VII . This Resolution shall be in full force
and effect from and after its adoption by the Common Council
and approval by the Mayor.
timber/of the. ommon Cou( 1
PRESENTED /O -/a - 87 sed In Clerk's Office
NOT APPROVED
ADOPTED /D - 2- 22 OCT 71987
IRENE GAMMON
'TY CLERK, SO. Rrer,
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