HomeMy WebLinkAboutDesignating Tax Abatement - SDT Associates Lot 4-4 Airport Industrial Park Phase III (5 Year Real Property) RESOLUTION
NO. 1146-84
Passed by the Common Council of the City of South Bend, Indiana,
May 14 , 19 R4 .
Attest: City Clerk
Attest i(tfcir—r President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
May 15, 19 84 .
c "— lC !% � ^� City Clerk
Approved and signed by me r i6 19e Y.
r
Mayor
RESOLUTION NO. ilt u-$i
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF
SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE
CITY COMMONLY KNOWN AS LOT 4-4 AIRPORT INDUSTRIAL
PARK PHASE III AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF REAL PROPERTY TAX ABATEMENT .
WHEREAS, a petition for real property tax abatement con-
sideration has been filed with the Common Council of the City of
South Bend, requesting that the area commonly known as Lot 4 -4
Airport Industrial Park Phase III , South Bend, Indiana , and which
is more particularly 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
89°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 dis-
tance of 20 .0 feet along said south boundary to the point
of beginning and containing 3 . 131 acres , more or less .
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 investi-
gation 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 Commit-
tee 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 .
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SECTION II . That this designation shall be limited to five
(5) 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 .
Member of the Com Council
FILE fl 1 E
I F,.`1 i Y .) 18;,4
PRESENTED V-ty Irene Gammon
CITY C.fR&SDU1N BEND,IND.
HOT APPROVED
ADOPTED .S-,V-ey