HomeMy WebLinkAboutDesignating Tax Abatement - Steel Warehouse Co. Inc. 2722 W. Tucker Dr. (5 Year Personal Property) RESOLUTION
NO. 1427-86
Passed by the Common Council of the City of South Bend, Indiana,
August 18 , 19_86
Attest: " K `° ",/ City Clerk
Attest: :1W-6 4 I i „C X President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
August 19, 19 86
— AC i City Clerk
Approved and signed by me (/�212 / 9 19 SC .
y----k nt--I Mayor
86-40
RESOLUTION NO. I_`o2 -W
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
2722 WEST TUCKER DRIVE
AN ECONOMIC REVITALIZATION AREA FOR
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 know as 2722 West Tucker
Drive, South Bend, Indiana , and which is more particularly described
by a line drawn as follows :
A part of the Southwest 1/4 of the Northwest 1/4 of
Section 15, Township 37 North, Range 2 East and a part
of the East 1/2 of the Southeast 1/4 of the Northeast
1/4 of Section 16, Township 37 North, Range 2 East ,
being a part of Lot No. 16 in the subdivision of said
Section 16 , all being in Portage Township and now
within the City of South Bend , Indiana , described as
follows :
Beginning at a point on the South line of Tucker Drive
260 feet South and 780 . 93 feet West of the Northeast
corner of the Southwest 1/4 of the Northwest 1/4 of
said Section 15 ; thence West along said South line of
Tucker Drive and its Westerly extension, 600. 00 feet ;
thence South parallel with the West line of said
Section 15 a distance of 498 . 41 feet to the North right
of way line of the Indiana Northern Railway Company;
thence East along said North right of way line, 600. 60
feet to a point 780 . 93 feet West of the East line of
the Southwest 1/4 of the Northwest 1/4 of said Section
15 ; thence North parallel with said East line of the
Southwest 1/4 of the Northwest 1/4 , 495. 90 feet to the
point of beginning, containing 6. 851 acres , more or
less .
Subject to legal highway and all easements of record.
be designated as an Economic Revitalization Area under the provisions
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 designated 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.
fit/`
Member of t Common Council
riLED IN CLERK'S Oita
PRESENTED S^'g--8-` AUG 1 31986
NOT APPROVED
ADOPTED 8- g-- g-c IRENE GAMMON
CTTY CLERK, SO. BrN^