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HomeMy WebLinkAboutConfirming Tax Abatement - Park Center Associates 850 S. Marietta St. (5 Year Real Property) RESOLUTION NO. 1105-83 Passed by the Common Council of the City of South Bend, Indiana, December 5, 19 83 . Attest: e r a City Clerk Attest: A _ _ 'resident of Common Council. Presented by me to the Mayor of the City of South Bend, Indiana December 6, 19 83 . /c" City Clerk Approved and signed by me / C 19ED Mayor RESOLUTION NO. (1 tc g•3 • A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS 850 SOUTH MARIETTA STREET TO BE AN ECONOMIC REVITALIZATION AREA FOR PUR- POSES 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 com- monly known as 850 Marietta Street and more particularly described by a line drawn as follows : LEGAL DESCRIPTION MONROE SAMPLE PARCEL NO. 10 Lots Numbered 120, 121, 122 and 123 in Edward H. Rush' s First Addition to the City of South Bend, Plat Book 7 , page 8 and Lots Numbered 37, 38 , 39, 40, 41 and a portion of Lot 42 , all in Rachel Gallagher' s First Addition to the City of South Bend, Indiana, Plat Book 5 , page 22 , and Lots Numbered 10, 11, 12 and portions of Lots 9 , 13 and 14 , all in Plat of Frantz ' 3rd Addition to the City of South Bend, Indiana, Plat Book 5, page 17 , and Lot 14 and a portion of Lot 15 , both in Plat of Frantz' 2nd Addition to the City of South Bend, Plat Book 5 , page 9. The foregoing Plat Books and ensuing Record Books are found in the Office of the Recorder for St. Joseph County, South Bend, Indiana, and is described more specifically as follows: Beginning at the Northwesterly corner of Lot 120 in said Edward R. Rush' s First Addition; thence along the Easterly right-of-way of Marietta Street to the Southwesterly corner of Lot 42 in said Rachel Gallagher' s First Addition, South 0°03 ' 30" East, 401. 9 feet, more or less; thence along the Northerly right-of-way of State of Indiana Road Number 23 , as established in Record Bood 646 , page 512 , to the Northerly boundary of said Lot 42 in Rachel Gallagher' s First Addition North 70°14 ' East, 111. 5 feet, more or less; thence along the Northerly boundary of said Lot 42 in Rachel Gallagher' s First Addition, also being the Northerly right-of-way of said State of Indiana Road Number 23, to the Northeasterly corner of said Lot 42 , South 89°51 ' East, 15 feet; thence to the inter- section of the Northerly right-of-way of said State of Indiana Road No. 23 and the Easterly right-of-way of a 10 foot Alley, as found in said Rachel Gallagher' s First Addition, North 37°24 ' East 16. 4 feet, more or less; thence along the Northerly right-of-way of said State of Indiana Road No. 23 , as estab- lished in Record Book 642 , Page 04 , Record Book 642, page 01 and Record Book 646 , page 509, to the Easterly boundary of Lot 13 in said Frantz ' 3rd Addition, North 58°41 ' East, 123. 0 feet, more or less; thence along said Easterly boundary of Lot 13 in Frantz ' 3rd Addition, South 31° 59 ' East, 15 . 5 feet, more or less; thence to the Southwesterly corner of Lot 15 in said Frantz ' 2nd Addition, North 60 ° 53 ' East, 10. 4 feet, more of less, to a concrete right-of-way monument; thence along the westerly boundary of said Lot 15 in Frantz ' 2nd Addition to the Northerly right-of-way of said State of Indiana Road No. 23, as established in Record Book 650, page 596 , North 55°50 ' West, 1 . 0 foot, more or less; thence along said Northerly right-of-way of said State of Indiana Road No. 23, North 58°46 " East, 48 . 3 feet, more or less, to a concrete right-of-way monument; thence along said Northerly right-of-way of State of Indiana Road No. 23 to its inter- section with a line 5 feet Northeasterly from and parallel to the centerline of George Avenue, North 50°44 ' East, 98 . 0 feet, more or less; thence along said line, North 31° 59 ' 30" West, 101. 1 feet, more or less; thence to the centerline of George Avenue, South 58°01 ' west, 5. 0 feet, more or less; thence along said centerline, North 31° 59 '30" west 230. 2 feet, more or less; thence to the Southwesterly right-of-way of said George Avenue, South 58°O1' west, 20. 0 fee, more or less; thence South 58°25 ' west, 49. 9 feet, more or less; thence South 89° 57 ' west, 4 .8 feet; thence to an extension of the Northerly line of Lot 120 in said E. H. Rush' s First Addition, South 0 003 ' East, 34 . 3 feet, more or less; thence on said extension and Northerly line of Lot 120 in E. H. Rush's First Addition, North 89° 48 ' 30 west, 125. 0 feet, more or less, to the point of beginning. 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 remonstances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic rev italization 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 Declaration Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for N real property tax abatement only and is limited to five (.5) calender 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. ti ,o. Mem er of th Co,muon Council FILED IN CLERK'S OFFICE NOV 3 ; 1983 PR"'K`i'D /i-S 49-, Irene Gammon NOT APPROVED CITY CLERK,SOUTH BEND,IND. ADOPTED /a-5-- 8"?