HomeMy WebLinkAboutConfirming Tax Abatement - Teachers Credit Union Southwest Corner of Michigan & Washington Streets Lots 35-36 Orginal Plat of South Bend (5 Year Real Property) RESOLUTION
NO. 1254-85
Passed by the Common Council of the City of South Bend, Indiana,
January 28, 19 85 .
Attest: ^"-- < he.-,,,..--en- City Clerk
Attest: ��'.. ..'s I _ 1 - £L ._ % President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
January 29, 19 85 .
✓ "e__ C 71-0-,--E.--- City Clerk
Approved and signed by me I (242, JO 19 U/ .
(.../
7 U" 6141,2 Mayor
RESOLUTION NO.
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS THE SOUTHEAST CORNER
OF MAIN AND WASHINGTON STREETS, SOUTH BEND, INDIANA,
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 Revitalization Areas for the pur-
pose of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area
commonly known as the Southeast Corner of Main and Washington
Streets, South Bend, Indiana , and more particularly described
as follows:
The following described real estate in the City of South
Bend, St. Joseph County, Indiana, to-wit:
Lots Numbered Thirty-Five (35) and Thirty-Six
(36) as shown on the recorded Original Plat of
the Town, now City of South Bend, St. Joseph
County, Indiana , except a strip of land 21 feet
in width East and West, taken off of and from the
entire East end of said lots, more particularly
described as follows: North on and along the
West line of Lots 35 and 36 , a distance of 132 .45
feet to the Northwest corner of Lot 36; thence
East on and along the North line of Lot 36 a dis-
tance of 144 .73 feet to a point that is 21 .0 feet
West of the Northeast corner of said Lot 36 ;
thence South a distance of 132 .45 feet to a point
on the South line of said Lot 35, that is 21. 0
feet West of the Southeast corner of Lot 35;
thence West on and along the South line of said
lot 35 a distance of 144 .73 feet to the point of
beginning.
A part of the 14 foot wide alley that is known as
Rasmussen Court and the Eastern 21 feet of Lots
Numbered Thirty-five (35) and Thirty-six (36) of
the Original Plat of the Town (now City) of South
Bend, St. Joseph County, Indiana, more particu-
larly described as follows: Beginning at the
Northwest corner of Lot 25 of the Original Plat
of the Town (now City) of South Bend , St. Joseph
County, Indiana; thence South a distance of
132 .45 feet along the East line of said alley to
the Southwest corner of Lot 26; thence West a
distance of 35.0 feet along the prolongation of
the South line of Lot 26; thence North a distance
of 132 .45 feet and parallel to the West line of
the alley; thence East a distance of 35. 0 feet
along the prolongation of the North line of Lot
36 to the point of beginning.
as an Economic Revitalization Area; and
WHEREAS, notice of the adoption of a Declaratory Reso-
lution and the public hearing before the Council has been pub-
lished 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 qualifi-
cations 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 Com-
mon 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 . di
Me : r
' e o .the Cot Council
BLED IN CLERK'S OFFICE
JAN 2 3 1985
PRESENTED / - IRENE GAMMON
CITY CLERK, SO. SEND, ,N
NOT APPROVED
ADOPTED / -2,F'
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