HomeMy WebLinkAboutConfirming Tax Abatement - Lowe's Inc. 350 S. Columbia St. (5 Year Real Property) RESOLUTION
NO. 1346-85
Passed by the Common Council of the City of South Bend, Indiana,
September 23, 1985
Attest: —� City Clerk
Attest: �� a � . /� � ( AV / President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
September 24, 19 85
A— "co--2 City Clerk
Approved and signed by me S � ..)`7 19
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/47.4xii Mayor
RESOLUTION NO. 3 q (o -(i
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS 350 S. COLUMBIA STREET,
SOUTH BEND, INDIANA 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 pur-
pose of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area
commonly known as 350 S . Columbia Street, South Bend, Indiana,
and more particularly described as follows :
A parcel in the Southeast Quarter of Section 12 ,
Township 37 North, Range 2 East , also being a part of
Block 8 of the recorded Plat of River Bend Addition,
City of South Bend, St . Joseph County, Indiana , more
particularly described as follows :
Commencing at the intersection of the East
right-of-way line of Columbia Street and the North
right-of-way line of Monroe Street as shown on said
Plat of River Bend Addition; thence North 0°30 ' 18"
West along said East right-of-way line of Columbia
Street 293 .20 feet; thence continuing on said East
right-of-way line of Columbia Street northward along a
curve to the left, having a radius of 421 . 97 feet and
subtended by a long chord with a bearing of North
2°22 ' 43" West a distance of 27 . 60 feet to the POINT OF
BEGINNING; thence continuing on said right-of-way line
northward along a curve to the left having a radius of
421. 97 feet and subtended by a long chord 137. 68 feet
in length with a bearing of North 13°38 ' 34 . 5" West
138 . 30 feet; thence North 52°00 ' 00" East 86 . 74 feet;
thence South 38°00 ' 00" East 255 .00 feet ; thence South
52°00 ' 00" West 69 . 00 feet ; thence North 39°35 ' 12" West
98 . 62 feet; thence South 75°20 ' 48" West 78 . 20 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 quali-
fications 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 here-
in 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.nn
PRESENTED 7' ;,3-edc
'emser of the on Council
NOT APPROVED
ADOPTED Ql —A3— cyc�f
9 290E