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HomeMy WebLinkAboutDesignating Tax Abatement - 3300 West Sample Street Associates Partnership 3300 W. Sample St. (5 Year Real Property) RESOLUTION NO. 1315-85 Passed by the Common Council of the City of South Bend, Indiana, July 22, 19 85 . Attest: [��� °� � �o a City Clerk Attest: / Mir _ 'resident of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana July 23, 19 85 its K !10,--n<—,-_.,„-cf City Clerk Approved and signed by me rg_% 19 255 . Mayor RESOLUTION NO. I3‘S- 8S A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS 3300 West Sample Street AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT. WHEREAS, a petition for real property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as 3300 West Sample Street , South Bend, Indiana, and which is more particularly described by a line drawn as follows: Parcel I: A tract of land in the Northeast Quarter of the Northeast Quarter of Section 16 , Township 37 North, Range 2 East, bounded by a line running as follows, viz: Beginning at a point 338 feet East of the Northwest corner of the Northeast Quarter of the Northeast quarter of said Section 16; thence running East along the North line of said Section 16 a distance of 657 .7 feet; thence South 900. 6 feet; thence West 657 . 1 feet; thence North 900. 6 feet to the place of beginning. Subject also to a right of way of the New Jersey, Indiana & Illinois Railroad Company, as conveyed to it by Warranty Deed dated February 11 , 1930, recorded in Deed Record 227, page 293 in the County Recorder ' s Office of St. Joseph County, Indiana. Parcel II : A certain tract of land in Belleville Industrial District, in Section 16, Township 37 North, Range 2 East, described as follows: Beginning at the intersection of the center line of the New Jersey, Indiana & Illnois Railroad Spur and the North line of proposed Industrial Avenue, said intersecting point being 900 . 6 feet South and 1329. 87 feet East of the Northwest corner of the Northeast Quarter of Section 16, Township 37 North, Range 2 East; thence East along the North line proposed Industrial Avenue if extended East 664 . 5 feet; Thence South parallel with the West line of the Northeast Quarter of said Section 16 , 311. 5 feet to the center line of said New Jersey, Indiana & Illinois Railroad Company' s Spur line running in a Southwesterly and Northwesterly direction; thence Southwesterly and Northwesterly along the center line of said spur line 1098 .5 feet to the place of beginning, excepting therefrom all railroad right-of-ways within said tract; and also excepting therefrom a tract of land described as beginning at a point 9 feet East of and 900 .6 feet South of the Northwest corner of the Northeast Quarter of the Northeast Quarter of Section 16, Township and Range aforesaid; Thence running East parallel with and 900. 6 feet South of the North line of said Section 16 a distance of 329 feet; thence South parallel with and 338 feet East of the West Line of the Northeast Quarter of the Northeast Quarter of said Section 16, a distance of 38 feet; thence West parallel with and 938 . 6 feet South of the North line of said Section 16 a distance of 329 feet; thence North parallel with and 9 feet East of the West line of the Northeast Quarter of the Northeast Quarter of said Section 16 a distance of 38 feet to the place of beginning. 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 real property tax abatement. SECTION II_ That this designation shall be limited to ( 5 ) five 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. ff A' ! - I . 1 Mem.er of tf •mmon Council ti6Y P� Ki j: . i JUL 1 ? 1985 aR NF,C O aERK, SO. NOT APPROVED ADOPTED "7-Qa- 3S'