HomeMy WebLinkAboutConfirming Tax Abatement - GEM Partnership 2920 W. Sample St. (5 Year Real Property) RESOLUTION
NO. 1347-85
Passed by the Common Council of the City of South Bend, Indiana,
September 23, 1985
Attest: �- l °�� City Clerk
Attest: 0/ L . / _ I / President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
September 24, 19 85
l ts-co City Clerk
Approved and signed by me ��✓", _tan 19 RS
, 24e
Mayor
•
RESOLUTION NO. t " (+7-8C
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
SOUTH BEND, COMMONLY KNOWN AS 2920 W. Sample Street
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 Revitalization Areas for the purpose
of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area
commonly known as 2920 W. Sample St. and more particularly
described by a line drawn as follows:
A lot or parcel of land in the Northwest Quarter of the
Northwest Quarter of Section Fifteen (15) , Township
Thirty-seven (37 ) North, Range Two (2 ) East, described
as follows, to-wit: Beginning on the South line of
Sample Street in the City of South Bend, Indiana, at a
point 330 feet East and 35 feet South of the Northwest
corner of said Section 15; thence East along the South
line of Sample Street 400 feet; thence South a distance
of 536.78 feet more or less to the Northerly right of
way line of the New Jersey, Indiana and Illinois Rail-
road; thence Southwesterly along said Northerly right
of way line of the New Jersey, Indiana and Illinois
Railroad 437 .58 feet more or less to a point due South
of the place of beginning; thence North 714.1 feet more
or less to the place of beginning.
ALSO, a lot or parcel of land in the Northwest Quarter
of Section Fifteen (15) , Township Thirty-seven (37 )
North, Range Two (2 ) East in the City of South Bend,
St. Joseph County, Indiana described as beginning 35
feet South and 165 feet East of the Northwest Corner of
Section 15, Township 37 North, Range 2 East, which
beginning point is on the South line of Sample Street;
thence East (bearing assumed) 165 feet along the South
line of said Sample Street; thence South zero degrees
04 minutes West 714.01 feet to the Northerly
Right-of-Way line of the New Jersey, Indiana and
Illinois Railroad Right-of-way; thence South 65 degrees
59 minutes 50 seconds West 251.6 feet along said
Northerly Right-of-way; thence North zero degrees 02
minutes 50 seconds East 587 .24 feet to a point 229 feet
South and 65 feet West of place of beginning; thence
North 89 degrees 50 minutes 50 seconds East 65 feet;
thence North zero degrees 02 minutes 50 seconds East
229 feet to place of beginning.
EXCEPTING THEREFROM, A parcel of land being a part of
the Northwest Quarter of Section Fifteen (15 ) , Township
Thirty-seven (37 ) North, Range Two (2 ) East in the City
of South Bend, St. Joseph County, Indiana, described as
follows:
Starting at a point 35 feet South and 165 feet East of
the Northwest corner of Section 15, Township 37 North,
Range 2 East which point is on the South line of East
Sample Street; thence South 0 degrees 2 minutes 50
seconds West, 229 feet to the true point of beginning
for this description; thence continuing as an extension
to the last described line South 0 degrees 2 minutes 50
seconds to the Northerly right-of-way line of the
Norfolk and Western Railroad (N.J.I. and I.R.R. ) ;
thence South 65 degrees 59 minutes 50 seconds West in a
Southwesterly direction along the railroad right-of-way
to a point which is 109.4 feet Northeasterly as
measured on said railroad right-of-way from the West
line of Section 15, Township 37 North, Range 2 East;
thence North 0 degrees 2 minutes 50 seconds East,
587 .24 feet to a point (which point is 264 feet South
and 100 feet East of the Northwest corner of said
Section 15) ; thence North 89 degrees 50 minutes 50
seconds East, 65 feet to the point of beginning.
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 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 its
Declaratory Resolution designating the area described herein as
an Economic Revitalization Area for the purposes of tax
abatement. Such designation 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.
Member of the Commo�i /Council
FILED IN CLERK'S OFFICE
PRESENTED 9 -'a0-S'aJ SEP 18 1985
NOT APPROVED IRENE GAMMON
ADOPTED 9_j l X`5� CITY CLERK, SO. BEND, IN