HomeMy WebLinkAboutConfirming Tax Abatement - East Race Properties 322-330 E. Colfax Ave. (5 Year Real Property) RESOLUTION
NO. 1397-86
Passed by the Common Council of the City of South Bend, Indiana,
January 27, 19 86 .
Attest: ` °` """ Q City Clerk
Attest: AV ALA,/ 1 . AL President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
January 28, 19 86
1. a wei City Clerk
Approved and signed by me jOn2LICULII e27 19Rb
4:L/ V Mayor
RESOLUTION NO. 1 3 Q 7 — c( (o
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS 322-330 East Colfax
Avenue, TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF 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 Revitization Areas for the purpose of tax abatement
consideration; and
WHEREAS, a Declaratory Resolution designated the area com-
monly known as 322-330 East Colfax Avenue, South Bend, and more par-
ticularly described by a line drawn as follows:
Beginning at the Southwest corner of Colfax Avenue and
Ginz Avenue, which point is on the South line of Colfax
Avenue, 256. 3 feet West of an iron set for the Southwest
corner of Niles Avenue and Colfax Avenue; thence South
5 degrees 31 minutes East along the West line of said
Ginz Avenue a distance of 274 . 4 feet; thence West parallel
with and 273 feet South of the South line of Colfax Ave-
nue a distance of 167. 9 feet; thence North 15 degrees and
6 minutes West a distance of 87. 7 feet; thence South 89
degrees and 47 minutes West a distance of 47. 25 feet;
thence South 0 degrees and 56 minutes East 188 . 2 feet to
the South line of Colfax Avenue; thence East 118 . 48 feet
to the place of beginning, being a part of Lot Numbered
Twenty-five (25) as shown on the Original Plat of the
Town of Lowell and also a part of Miller and Green' s
First Addition to the Town of Lowell , all now within and
a part of the City of South Bend, St. Joseph County,
Indiana,
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 and 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 as an Economic
revitalization Area for the purposes of tax abatement. Such desig-
nation is for real property tax abatement only and is limited to
five (5) calendar years from the date of the adoption of the Declar-
atory 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.
CLERK‘
of the L0.mmon Council
PRESENTED / 2-Pl6 IN CLERK U.
3401 APPROVED JAN,M986
ADOPTED ( - v> -fl IRENE GAMMON
"° CI FRK, SO. BEND