HomeMy WebLinkAboutDesignating Tax Abatement - 601 W. Broadway St. (5 Year Personal Property) RESOLUTION
NO. 1508-87
Passed by the Common Council of the City of South Bend, Indiana,
May 26 , 19 87.
Attest: •f'' ° t — City Clerk
Attest• a if �L! .401 I � President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
May 27, 19 V
r v /1 ✓ City Clerk
Approved and signed by me 077, 19 g, .
/77 a-27,7,-/-\ Mayor
RESOLUTION NO. IS-02: -g'7
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
601 WEST BROADWAY STREET
AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF PERSONAL PROPERTY TAX ABATEMENT.
WHEREAS, a petition for personal property tax
abatement consideration has been filed with the Common Council
of the City of South Bend, requesting that the area commonly
known as 601 West Broadway Street, South Bend, Indiana, and
which is more particularly described as follows :
Two parcels of land being parts of the Northeast
Quarter of Section 14, Township 37 North, Range 2
East, in the City of South Bend, Portage Township, St.
Joseph County, Indiana, and being more particularly
described as follows :
All of Lots Numbered Thirty-six (36) and Thirty-seven
(37) in Samuel Stull ' s Second Addition to the City of
South Bend, Indiana; ALSO, that part of said
quarter-section more particularly described as
commencing at the Southeast corner of Tract No. 4 of
the Studebaker Corp. Replat as recorded in Plat Book
11, page 184 in the Office of the Recorder of St.
Joseph County, Indiana; thence North 0°14 ' 00" West
(bearing assumed) along the East line of said Tract
No. 4 a distance of 247.35 feet to the point of
beginning for this description; thence South 89°22 '40"
West along the South line of Broadway Street projected
westerly a distance of 618 . 58 feet to the Southeast
corner of a tract of land described in a deed to
Allied Products Corp. and recorded in Deed Record 649,
pages 497-503 in said Office of the Recorder; thence
North 0°01 ' 19" East along the East line of said tract
a distance of 1165. 66 feet; thence North 89°55 ' 34"
West along the North line of said tract a distance of
279 .27 feet to a Southeasterly corner of a tract of
land described in a deed to Cummins Engine Company,
Inc. , and recorded in Deed Record 650, pages 173-183
in said Office of the Recorder; thence North 0°04 '26"
East along an East line of said tract a distance of
145. 04 feet to the Southwest corner of a parcel of
land described in a deed to Indiana and Michigan
Electric Company recorded in Deed Record 652, pages
427-433 in said Office of the Recorder; thence South
89°50 '26" East, along the South line of said parcel, a
distance of 100 .00 feet; thence North 0°04 ' 26" East,
along the East line of said parcel and an East line of
a tract described in a deed to South Bend Lathe, Inc.
recorded in Deed Record 659, pages 637-640, a distance
of 120.28 feet; thence South 89°53 ' 36" East along a
South line of said tract a distance of 647 .32 feet;
thence South 12°18 ' 50" East along a Westerly line of
said tract a distance of 162 . 12 feet to a point;
thence North 89°55 ' 21" East along a South line of said
tract a distance of 230 . 50 feet to the West line of
Franklin Street; thence South 0°21' 55" East along said
West line of Franklin Street a distance of 374 . 67 feet
to the South line of South Bend City Addition, as
recorded in Plat Book 2, page 4 in said Office of the
Recorder; thence South 0°05 '20" East along the West
line of Franklin Street a distance of 17.35 feet;
thence South 88°58 '45" West a distance of 121.36 feet
to the East line of said Tract No. 4; thence South
0°14 ' 00" East along said East line a distance of
870 . 90 feet to the point of beginning.
DESCRIPTION OF PARCELS OF REAL ESTATE IN
ST. JOSEPH COUNTY, INDIANA
Parcel 1:
A part of the N.E. 1/4 of Section 14, Twp. 37 N. , R. 2
E. , more particularly described as follows :
Commencing at the intersection of the North Line of
the Michigan Central Railroad Right-of-Way and the
East Line of Kendall Street, said point being the
Southwest corner of Tract No. 4 of the Studebaker
Corporation Replat, as recorded in Plat Book 11, Page
184, in the Office of the Recorder of St. Joseph
County, Indiana; thence North along the East line of
Kendall Street a distance of 233 .93 feet to the
intersection of said East line of Kendall Street with
the South line of Broadway Street projected West;
thence No. 89°22 '40" E. along said South line of
Broadway Street projected West, a distance of 149 .32
ft. to the Point of Beginning; thence continuing No.
89°22 '40" E. along said South line of Broadway Street
projected west a distance of 505 . 85 ft . to a point;
thence No. 00°01 ' 19" E. a distance of 1165. 66 ft. to a
point; thence No. 89°55 ' 34" W. a distance of 506.27
ft. to a point; thence S. 00°00 ' 00" E. a distance of
1171. 80 ft. to the point of beginning.
Parcel 2 :
(a) Easement for the purpose of vehicular and
pedestrian ingress and egress to and from Parcel 1,
described as follows :
A part of the Northeast Quarter of Section 14,
Township 37 North, Range 2 East, more particularly
described as follows:
Commencing at the intersection of the North line of
the Michigan Central Railroad Right-of-Way and the
East line of Kendall Street, said point being the
Southwest corner of Tract No. 4 of the Studebaker
Corporation Replat, as recorded in Plat Book 11, Page
184, in the Office of the Recorder of St. Joseph
County, Indiana; thence North along the East line of
Kendall Street a distance of 233 . 93 ft. to the
intersection of said East line of Kendall Street with
the South line of Broadway Street projected West;
thence No. 89°22 '40" E. along said South line of
Broadway Street projected West a distance of 655. 17
feet for a point of beginning; thence continuing N.
89°22 '40" E. along said South line of Broadway Street
projected West a distance of 736.86 ft . to the West
line of Franklin Street; thence Northerly along the
said West line of Franklin Street a distance of 74 .25
ft. to its intersection with the North line of
Broadway Street projected West; thence S. 89°22 '40" W.
along the said North line of Broadway Street projected
West a distance of 736 . 82 ft. to a point; thence S.
00°01' 19" W. a distance of 74 .26 ft. to the point of
beginning.
(b) Easement for storm and sanitary sewer drainage
purposes from Parcel 1, described as follows :
A part of the Northeast Quarter (1/4) of Section 14,
Township 37 North, Range 2 East, more particularly
described as follows:
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Beginning at a point 1,402.35 feet North and 149 . 69
feet East of the S.W. corner of Tract No. 4 of the
Studebaker Corporation Replat as recorded in Plat Book
11, Page 184 in the Office of the Recorder of St.
Joseph County, Indiana, said line being also the
intersection of the North Line of the Michigan Central
Railroad right-of-way and the East line of Kendall
Street; thence S. 00°00 ' 00" E. a distance of 20 .00
feet to a point; thence N. 89°55 ' 34" W. a distance of
203 . 89 feet to a point; thence N. 00°00 ' 00" E. a
distance of 179 .52 feet to a point; thence N.
88°30 ' 58" W. a distance of 298. 17 feet to the Easterly
line of Prairie Avenue, said line being also the
Westerly line of Tract No. 4 of the Studebaker
Corporation Replat as recorded in Plat Book 11, page
184 in the Office of the Recorder of St. Joseph
County, Indiana; thence N. 28°14 ' 42" E. along said
Easterly line of Prairie Avenue a distance of 22 .40
feet to a point; thence S. 88°30 ' 58" E. a distance of
307.59 feet to a point; thence S. 00°00 ' 00" E. a
distance of 179 .03 feet to a point; thence S.
89°55 ' 34" E. a distance of 183 .86 feet to the point of
beginning.
Also a part of the N.E. 1/4 of Section 14, Twp. 37 N. ,
R. 2 E. , more particularly described as follows :
Beginning at a point 298 .27 feet North and 149 . 69 feet
East of the S.W. corner of tract No. 4 of the
Studebaker Corporation Replat as recorded in Plat Book
11, Page 184 in the Office of the Recorder of St.
Joseph County, Indiana, said line being also the
intersection of the North line of the Michigan Central
Railroad right-of-way and the East line of Kendall
Street; thence N. 00°00 ' 00" E. a distance of 20.00
feet to a point; thence N. 89°44 ' 51" W. a distance of
149 . 18 feet to the E. line of Kendall Street, said
line being also the Westerly line of Tract No. 4 of
the Studebaker Corporation Replat, as recorded in Plat
Book 11, Page 184 in the Office of the Recorder of St.
Joseph County, Indiana; thence Southerly along the
said E. line of Kendall Street a distance of 20 . 00
feet to a point; thence S. 89°44 ' 51" E. a distance of
149 .21 feet to the point of beginning.
(c) Easement for use of railroad purposes to and from
Parcel 1, described as follows :
A part of the Northeast Quarter (1/4) of Section 14,
Township 37 North, Range 2 East, more particularly
described as follows:
Beginning at the intersection of the North line of the
Michigan Central Railroad right-of-way and the East
line of Kendall Street, said point being the S.W.
Corner of Tract No. 4 of the Studebaker Corporation
Replat, as recorded in the Plat Book 11, page 184 in
the Office of the Recorder of St. Joseph County,
Indiana; thence North along the East line of Kendall
Street a distance of 29 . 90 feet for a point of
beginning; thence continuing North on the said East
line of Kendall Street a distance of 25.00 feet;
thence No. 89°40 ' 37" E. a distance of 41. 80 feet to
the point of curvature of a curve concave to the
Northwest and having a central angel of 77°11 ' 29" and
a radius of 233 .09 feet; thence Northeasterly along
said curve an arc distance of 314 . 03 feet to the South
line of Broadway Street projected West; thence N.
89°22 '40" E. along said South line a distance of 34 . 50
feet to its intersection with a curve concave to the
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Northwest and having a central angle of 20°12 ' 58" and
a radius of 360 .95 feet; thence Southwesterly along
said last described curve an arc distance of 127.36
feet to the point of compound curvature with a curve
concave to the Northwest and having a central angle of
20°12 ' 00" and a radius of 258 .09 feet; thence
Southwesterly along said last described curve an arc
distance of 91.21 feet to its intersection with a
curve concave to the Northwest and having a central
angle of 9°29 ' 12" and a radius of 716.78 feet; thence
Northeasterly along said last described curve an arc
distance of 118 . 68 feet to the point of compound
curvature with a curve concave to the Northwest and
having a central angle of 35°45 '48" and a radius of
270 .30 feet; thence Northeasterly along said last
described curve an arc distance of 168 . 72 feet to the
aforesaid South line of Broadway Street projected
West; thence N. 89°22 '40" E. along said South line a
distance of 27.40 feet to its intersection with a
curve concave to the Northwest and having a central
angle of 28°36 ' 51" and a radius of 295 .30 feet; thence
Southwesterly along said last described curve an arc
distance of 147.48 feet to its intersection with a
line having a bearing of N. 67°22 '40" E. ; thence N.
67°22 ' 40" E. along said line a distance of 183 . 62 feet
to the point of curvature of a curve concave to the
Northwest and having a central angle of 10°09 ' 21" and
having a radius of 347.70 feet; thence Northeasterly
along said last described curve an arc distance of
61. 63 feet to the aforesaid South line of Broadway
Street projected West; thence N. 89°22 '40" E. along
said South line a distance of 67 . 07 feet; thence S.
67°22 '40" W. a distance of 294 . 02 feet to the point of
curvature of a curve concave to the Northwest and
having a central angle of 27°17 ' 57" and a radius of
658 . 57 feet; thence Southwesterly along said last
described curve an arc distance of 313 .92 feet to the
point of tangency of said curve; thence S. 89°40 ' 37"
W. a distance of 53 . 02 feet to the point of beginning.
All of the foregoing being situated in the City of
South Bend, County of St . Joseph, State of Indiana.
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
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.
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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.
r /
fScL l / :1AA.
(ember of the Common Co j. ii l
Filed In Clerk's Office
MAY 2 01987
4 ' V9. n, hr
°'' ',V9 Q <�6 b 4If LURK, SO.
&A D,
NOT APPROVE
ADOPTED St e?4-27
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