HomeMy WebLinkAboutConfirming Tax Abatement - Schnee-Morehead Inc. 3636 Gagnon St. (5 Year Real Property) RESOLUTION
NO. 1472-87
Passed by the Common Council of the City of South Bend, Indiana,
February 23 , 19 87 •
Attest: T`-_P" -`- City Clerk
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Attest: /
a�1 �,��� ����j President of Common Council.
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Presented by me to the Mayor of the City of South Bend, Indiana
February 24 , 87
19 .
71-71.----__-.._.---..—. City Clerk
Approved and signed by me Fed MV '1 7 19 c7 .
r /„..,„-?...,,,, Mayor
RESOLUTION NO. i `I -_ 'Z__—_. __-
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS 3636 GAGNON ST.
SOUTH BEND, IND. TO BE AN ECONOMIC REVITALIZATION
AREA FOR PURPOSES OF REAL 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 Revitaliza-
tion Areas for the purpose of tax abatement considera-
tion; and
WHEREAS, a Declaratory Resolution designated the
area commonly known as 3636 Gagnon Street and more
particularly described by a line drawn as follows:
A part of the northeast quarter of section 28,
township 38 north, range 2 east, City of South Bend,
Indiana and described as follows:
Commencing at the southeast corner of the north-
east quarter of said section 28 said point being at
the intersection of the centerlines of Boland and
Bendix Drives, thence south 89°58' 56" west (bearing
assumed) along the south line of the northeast quarter
of said section 28, (being along the centerline of
Boland Drive) 1150 . 09 feet to a point at the intersec-
tion of Boland Drive with centerline of Kenmore
Street, thence north 00°00' 23" east along the said
centerline of Kenmore Street, 579 . 86 feet; thence
north 89°59 ' 37" west, 640. 00 feet to the point of
beginning; thence south 89°58 ' 56" west, 424. 01 feet;
thence north 00°02 ' 45" east, 784. 81 feet; thence south
89°59' 37" east, 423 . 47 feet; thence south 00°00' 23"
west, 784. 63 feet to the point of beginning and con-
taining 7 . 634 acres more or less and is subject to
easements, restrictions and or covenants of record.
A part of the northeast quarter of section 28,
township 38 north, range 2 east, City of South Bend,
Indiana and described as follows :
Commencing at the southeast corner of the north-
east quarter of said section 28 said point being at
the intersection of the centerlines of Boland and
Bendix Drives, thence south 89°58' 56" west (bearing
assumed) along the south line of the northeast quarter
of said section 28 (being along the centerline of
Boland Drive) 1150. 09 feet to a point at the intersec-
tion of Boland Drive with Centerline of Kenmore
Street; thence north 00°00' 23" east along the said
centerline of Kenmore Street, 579 . 86 feet; thence
north, 89°59 ' 37" west, 640 . 00 feet; thence south
89°58' 56" west 424. 01 feet to the point of beginning;
thence continuing south 89°58 ' 56" west, 100. 00 feet;
thence north 00°02 ' 45" east, 784. 85 feet; thence south
89°59 ' 37" east, 100. 00 feet; thence south 00°02 ' 45"
west, 784. 81 feet to the point of beginning and con-
taining 1 . 802 acres more or less and is subject to
restrictions and or covenants of record as an Economic
Revitalization; 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 objec-
tions 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 it Declaratory Resolution designating the
area described herein as an Economic Revitalization
Area for the purposes of tax abatement. Such designa-
tion is for Real 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.
OF
I , 1/ e •
ember o the Common Co.[ ci
E!?, IA Cihrk s Office
FEB 131987
PRESENTED - oQ 3.- 2'7
NOT APPROVED IRE NE GA ON
ADOPTED - a-8 '-g/7 CITY CLERK, SO. BEND, I •