HomeMy WebLinkAboutConfirming Tax Abatement - Petersen Printing Corporation 2920 Sample St. (5 Year Personal Property) RESOLUTION
NO. 1480-87
Passed by the Common Council of the City of South Bend, Indiana,
March 9, 19 87 .
Attest: ( City Clerk
Attest � ' /' ' / President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
March 10, 19 87
City Clerk
Approved and signed by me \Qn J 1. 0 19ST.
/7/i jzi Mayor
RESOLUTION NO. - kp --g-7
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND , COMMONLY KNOWN AS
2920 Sample Street , South Bend , Indiana 46619 TO BE AN
AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF PERSONAL
PROPERTY TAX ABATEMENT.
WHEREAS , the Common Council of the City of South Bend 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 2920 Sample Street , South Bend , Indiana 46619 and more
particularly described by a line drawn as follows :
Situate in St . Joseph County , in the State of Indiana
A lot or parcel of land in the Northwest Quarter of the Northwest
Quarter of Section Fifteen ( 15) , Township Thirty-seven (37) North ,
Range Two (2 ) East , described as follows , to-wit : Beginning on
the South line of Sample Street in the City of South Bend ,
Indiana , at a point 330 feet East and 35 feet South of the
Northwest corner of said Section 15 ; thence East along the South
line of Sample Street 400 feet ; thence south a distance of 536. 78
feet more or less to the Northerly right of way line of the New
Jersey , Indiana and Illinois Railroad ; thence Southwesterly along
said Northerly right of way line of the New Jersey , Indiana and
Illinois Railroad 437. 58 feet more or less to a point due South of
the place of beginning ; thence North 714. 1 feet more or less to
the place of beginning.
ALSO , a lot or parcel of land in the Northwest Quarter of Section
Fifteen ( 15) , Township Thirty-seven (37 ) North , Range Two (2) East
in the City of South Bend , St . Joseph County , Indiana , described
as beginning 35 feet South and 165 feet East of the Northwest
Corner of Section 15, Township 37 North , Range 2 East , which
beginning point is on the South line of Sample Street ; thence East
(bearing assumed) 165 feet along the South lines of said Sample
Street ; thence South zero degrees 04 minutes West 714. 01 feet to
the Northerly Right-of-way line of the New Jersey , Indiana and
Illinois Railroad Right-of-way ; thence South 65 degrees 59 minutes
50 seconds West 251 . 6 feet along said Northerly right-of-way ;
thence North zero degrees 02 minutes 50 seconds East 587.24 feet
to a point 229 feet South and 65 feet West of place of beginning ;
thence North 89 degrees 50 minutes 50 seconds East 65 feet ; thence
North zero degrees 02 minutes 50 seconds East 229 feet to place of
beginning .
EXCEPTING THEREFROM, a parcel of land being a part of the
Northwest Quarter of Section Fifteen ( 15) , Township Thirty-seven
(37) North , Range Two (2 ) East in the City of South Bend , St .
Joseph County , Indiana , described as follows :
Starting at a point 35 feet South and 165 feet East of
the Northwest corner of Section 15, Township 37 North,
Range 2 East which point is on the South line of East
Sample Street ; thence South 0 degrees 2 minutes 50
seconds West , 229 feet to the true point of beginning
for this description ; thence continuing as an extension
to the last described line South 0 degrees 2 minutes 50
seconds to the Northerly right-of-way line of the
Norfolk and Western Railroad (N . J. I. and I .R .R . ) ; thence
South 65 degrees 59 minutes 50 seconds West in a
Southwesterly direction along the railroad right-of-way
to a point which is 109. 4 feet Northeasterly as measured
on said railroad right-of-way from the West line of
Section 15, Township 37 North , Range 2 East ; thence
North 0 degrees 2 minutes 50 seconds East , 587. 24 feet
to a point (which point is 264 feet South and 100 feet
East of the Northwest corner of said Section 15) ; thence
North 89 degrees 50 minutes 50 seconds East , 65 feet to
the point of beginning .
Subject to legal highways .
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 . That 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 five (5 ) calendar
years from the date of adoption of the Declaratory Resolution by
the Common Council .
SECTION II . This Resolution shall be in full force and effect
from and after its adoption by the Common Council and approval by
the Mayor .
� '— A.d. . - .I ,4 !_
■ ember of the Commo Council
;i 2 d iii C1eTk S o lice
FEB 181987
PRESENTED o?^Q 3 -8"7 - 3- 9- 8' 7 ' �p+9 1�,(�i VA
NOT APPROVED Cal CLEF t' B t), M.
ADOPTED 3- 9-2'7