HomeMy WebLinkAboutConfirming Tax Abatement - 445 N. Sheridan Ave. (5 Year Personal Property) RESOLUTION
NO. 1076-83
Passed by the Common Council of the City of South Bend, Indiana.
July 11, rip 83
Attest: 4,..�"R `Y City Clerk
Attest: i`_!', ., 2 / ; 4' ' President of Common Council
Presented by me to the Mayor of the City of South Bend, Indiana
July 12, tg 83
`,--`e- `<--- 4,-,,-..--,..., City Clerk
Approved and signed by me ( L tg r 3
J layL.ArliMayor
RESOLUTION NO. /d 745"-f
A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY
OF SOUTH BEND, COMMONLY KNOWN AS 445 NORTH SHERIDAN
AVENUE TO BE AN ECONOMIC REVITALIZATION AREA FOR
PURPOSES OF TAX ABATEMENT.
WHEREAS, the Common Council of the City of Soutn Bend
has adopted a Declaratory Resolution designating certain areas
within the City as Economic Revitalization Areas for the pur-
pose of tax abatement consideration; and
WHEREAS, a Declaratory Resolution designated the area
commonly known as 445 North Sheridan Avenue and more particu-
larly described by a line drawn as follows:
A tract of land in the Southwest 1/4 of Section
4 , Township 37 North, Range 2 East located in
Portage Township, City of South Bend, St. Joseph
County, Indiana, described as follows:
Beginning at a point on the West line of Sheridan
Avenue (80 foot right-of-way) 420 . 19 feet North
(assumed bearing) of the North line of Linden
Avenue (80 foot right-of-way) which point is also
207 feet West and 460.19 feet North of the South-
east corner of said Southwest 1/4 of Section 4;
thence Northerly along said West line of Sheridan
Avenue 673.22 feet to the Southerly right-of-way
line of the Consolidated Rail Corporation (for-
merly the New York Central Railroad) ; thence
North 79°18 '30" West along said Southerly right-
of-way line of the Consolidated Rail Corporation
429.83 feet; thence South 00°08 '15" West 749.04
feet to a point 418 .30 feet North 00°08 '15" East
of the North line of Linden Avenue; thence East
perpendicular to the West line of Sheridan Avenue
370.56 feet to the point of beginning , containing
6 .268 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 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 in-
terested persons; and
WHEREAS, the Council has determined that the qualifi-
cations 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 here-
in as an Economic Revitalization Area for the purposes of tax
abatement. Such designation is for personal 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.
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 .
e of the Comb Council
FILED IN CLEO'S OFFICE
JUL 61983
PRESENTED 7-//-J3
ROT APPROVED Irene Gammon
CITY CLERK,SOUTH BEND,IND.
ADOPTED ?-//--&?
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