HomeMy WebLinkAboutConfirming Tax Abatement - SDT Associates Lot 4-4 Airport Industrial Park Phase III (5 Year Real Property) RESOLUTION
NO. 1157-84
Passed by the Common Council of the City of South Bend, Indiana,
June 11, 19 84 .
Attest: C City Clerk
Attest: .� / ; %`== President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
June 12, 19 84 .
z I
L /C „ City Clerk
Approved and signed by me / L 19 E7 .
Mayor
RESOLUTION NO . 11J7-ge
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND , COMMONLY KNOWN AS LOT 4-4 AIRPORT
INDUSTRIAL PARK PHASE III TO BE AN ECONOMIC REVITALIZA-
TION 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
abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area commonly
known as Lot 4-4 Airport Industrial Park Phase III and more particu-
larly described by a line drawn as follows :
A part of Section 28 , Township 38 North, Range 2 East ,
City of South Bend, St . Joseph County, Indiana , described
as follows :
Commencing at the northeast corner of the Southeast -
Quarter of Section 28 ; thence South 89°58 ' 56" West a
distance of 2294 .41 feet along the north line of said
quarter section to the point of beginning ; thence South
0°00 ' 47" West a distance of 247 . 17 feet ; thence South
8.9°58 ' 56" West a distance of 477 . 83 feet to the east
boundary of Foundation Drive ; thence North 0°00 ' 47"
East a distance of 277 . 17 feet along said east boundary;
thence North 44°59 ' 52" East a distance of 14 . 14 feet to
the south boundary of Boland Drive ; thence North 89°58 ' 56"
East a distance of 447 . 83 feet along said south boundary ;
thence South 0°00 '47" West a distance of 40 . 0 feet along
said south boundary ; thence North 89°58 ' 56" East a distance
of 20 . 0 feet along said south boundary to the point of
beginning and containing 3 . 131 acres , more or less .
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 pur-
suant 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 .
- 2 -
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 Common Counc l
FILED IN CLEIEVS OFFICE
PRESENTED C- //-1/ „U 1984
NOT APPROVED Irene Gammon
ADOPTED 4-//-J'q' CITY CLER8,SOWN BEND,IND.