HomeMy WebLinkAboutDesignating Tax Abatement - 316 E. Monroe (5 Year Real Property) RESOLUTION
NO. 1144-84
Passed by the Common Council of the City of South Bend, Indiana,
May 14 , 19 84 .
Attest: (O°rKwh ew City Clerk
Attest: 4- •Cla`-- ' President of Common Council.
Presented by me to the Mayor of the City of South Bend, Indiana
May 15, 19 84 .
City Clerk
Approved and signed by me - 76 19 cf1 .
4 al � Mayor
RESOLUTION NO. 11'1/40-k-�'
A RESOLUTION OF THE COMMON COUNCIL OF THE
CITY OF SOUTH BEND DESIGNATING CERTAIN
AREAS WITHIN THE CITY COMMONLY KNOWN AS
316 E. MONROE
AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF REAL PROPERTY TAX ABATEMENT.
WHEREAS, a petition for real property tax abatement consid-
eration has been filed with the Common Council of the City of South
Bend, requesting that the area commonly known as 316 E. Monroe
, South Bend, Indiana, and which
is 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 North east 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.
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 in-
vestigation 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 designa-
ting this area as an Economic Revitalization Area for purposes of
real property tax abatement.
Page 2
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.
11„C,4.1 t ,
Member of the on Council
FILED IN CLEFS OFFICE
MAY 1 1984
Irene Gammon
CITY CLERK,SOUTH BEND,IND.
E PRESENTED .S=/ y
NOT APPROVED
I ADOPTED 6-./it-is'y