HomeMy WebLinkAboutConfirming Tax Abatement - Cresent Realty Corp. 316 E. Monroe (5 Year Real Property) RESOLUTION
NO. 1156-84
Passed by the Common Council of the City of South Bend, Indiana,
June 11, 19 84 •
Attest: City Clerk
Attest: ' //, f Q ....1 c c ` President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
June 12. 19 84 •
�e 7C 7 ^-, City Clerk
Approved and signed by me 9,617-ya /'1- 19 iff
/I l///(Pzi---- Mayor
RESOLUTION NO. t■56-$q
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS
316 E. MONROE 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 purpose of tax abate-
ment consideration; and
WHEREAS, a Declaratory Resolution designated the area
commonly known as 316 E MONROE
and more particularly described by a line drawn as follows :
A parcel of land being lots 4 ,5,6 ,8 ,9 , and 10 , and a vacated
10 foot wide alley lying adjacent to said Lot 8 , in George R. Hudson' s
Subdivision of parts of lots 19 and 20 in Denniston and Fellow' s
Addition, South Bend, Indiana, and being more particularly described
as follows, viz :
Beginning at the intersection of the South right-of-way
line of Monroe Street (82. 5 feet wide) and the West right-of-way
line of Columbia Street (66 feet wide) , said intersection being
the Northeast corner of Lot 4 in said George R. Hudson's Sub-
division; thence South 0°-00 '-00" West (bearing assumed) along
said west line of Columbia Street and the East lines of Lots 4 , 8 ,
9 , and 10 in said subdivision, a measured distance of 264.76 feet
to the southeast corner of said lot 10; thence North 89°-36 '-01"
West, along the South line of said lot 10, a measured distance of
132. 69 feet to the Southwest corner of said lot 10; thence North
0°-10 '-35" West, along the west lines of said lots 10 ,9 , and 8 ,
and said line projected, a measured distance of 150. 11 feet to a
point on the south line of lot 6 in said subdivision; thence
North 89°-56 '-26" West, along the south line of said lot 6 , a
measured distance of 15.86 feet to the southwest corner of said
lot 6; thence North 0°-19 '-13" East, along the West line of said
lot 6 , a measured distance of 114. 13 feet to the northwest corner
of said lot 6; thence South 89°-50 '-14" East, along the north line
of lots 6 ,5 , and 4 in said subdivision and said south line of
Monroe Street, a measured distance of 148 . 37 feet to the point of
beginning, containing 36 , 954 .4 square feet, more or less.
Subject to any easements, covenants, or restrictions
of record.
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 pruposes of tax abatement. Such
designation is for real property tax
Page 2
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.
M-mber of the C on Council
FILED IN CLEO'S OFFICE
PRESENTED 6- //-may MAY 1 0 1984
NOT APPROVED
ADOPTED .C'°'//-4"5/ Irene Gammon
CITY CLERK,SOUTH BEND,IND.