HomeMy WebLinkAboutDesignating Tax Abatement - Airport Industrial Park - Phase III Lot 5-1 (5 Year Real Property) RESOLUTION
NO. 1367-85
Passed by the Common Council of the City of South Bend, Indiana,
October 28, 19 85
Attest: rY `'t A " City Clerk
Attest:_ A c
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i President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
October 29 , 19 85
i_t_Q_____` A -- a_..,..< a=<_. _</ City Clerk
Approved and signed by me O 2 ' ' a 5 19 t-S .
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ZMayor
RESOLUTION NO. yAL-7 - RS
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
AIRPORT INDUSTRIAL PARK-PHASE III LOT 5-1
AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF REAL PROPERTY TAX ABATEMENT.
WHEREAS, a petition for real property tax abatement consid-
eration has been filed with the Common Council of the City of South
Bend, requesting that the area commonly known as Airport Tndustr!al
Park-Phase III Lot 5-1 , South Bend, Indiana , and which
is more particularly described by a line drawn as follows:
A part of the Southeast Quarter of Section 28, Township 38 North,
Range 2 East, St. Joseph County, Indiana, described as follows :
Commencing at the northeast corner of said quarter section;
thence South 89° 58'56" West a distance of 1582. 51 feet along the
north line of said quarter section to the point of beginning;
thence South 0° 21 '33" West a distance of 375.00 feet; thence
South 89° 58 ' 56" West a distance of 709.63 feet; thence North
0° 00'47" East a distance of 375.00 feet to the south boundary of
Boland Drive ; thence North 89° 58' 56" East a distance of 711 .90
feet along said south boundary to the point of beginning and
containing 6.119 acres , more or less .
The above tract of land is subject to a drainage course right-of-
way described as follows :
A part of the Southeast Quarter of Section 28, Township 38 North,
Range 2 East, St. Joseph County, Indiana described as follows .
Beginning on the north line of said quarter section South 89
degrees 58 minutes 56 seconds West 2194.41 feet from the northeast
corner of said quarter section; thence South 0 degrees 00 minutes
47 seconds West 375.00 feet; thence South 89 degrees 58 minutes
56 seconds West 80.00 feet thence North 0 degrees 00 minutes 47
seconds East 375.00 feet to the north line of said quarter
section; thence North 89 degrees 58 minutes 56 seconds East 80. 00
feet to the point of beginning and containing 0.689 acres, more
or less.
The above tract of land is encumbered by the following easements :
1 . An easement 20 feet in width off the entire most westerly
side in favor of Chicago South Shore and South Bend Railroad.
2. An easement 50 feet in width off the entire north aide in
favor of Indiana & Michigan Electric Company.
be designated as an Economic Revitalization Area under the provisions
of Indiana Code 6-1 .1-12,1-1 , et seq. ; and
WHEREAS : the Redevolopment Commission has concluded an in-
vestigation 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 designa-
ting this area as an Economic Revitalization Area for purposes of
real 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.
'ember of the Cfon Council
OCT 1985
PRESENTED /p _ g_�S,-
NOT APPROVED IRE 1�6- GAMMON
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ADOPTED I O-2 Sr - &,