HomeMy WebLinkAboutDesignating Western End of Calvert Street as Urban Deveopment Area for Real Property Tax Abatement Consideration RESOLUTION
NO. 98.7-82
Passed by the Common Council of the City of South Bend, Indiana
August 30 , ig 82
Attest.. i IC City Clerk
President of Common Council
Attest:6.--C-� f Co
Presented by me to the Mayor of the City of South Bend, Indiana_
August 31 , ig 82
T !C an-c-g^-t-o--ti City Clerk
Approved and signed by me > ig a
( Mayor
•
p 3/13.2
RESOLUTION NO. t g�-ra
A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND,
INDIANA, DESIGNATING THE PROPERTY COMMONLY KNOWN AS THE
WESTERN END OF CALVERT STREET AS AN URBAN DEVELOPMENT AREA
FOR REAL PROPERTY TAX ABATEMENT CONSIDERATION.
WHEREAS, a petition for Real Property Tax abatement consideration has been
filed with the Common Council of the City of South Bend pursuant to Section 2-76
of the Municipal Code for the real property to be located in South Bend,
Indiana, at the western end of Calvert Street.
WHEREAS, the legal description of the facility in which the real property is
to be located, is described by a line drawn as follows:
A parcel of property in St. Joseph County, Indiana, Section
16, Township 37 North, Range 2 East including the east one-
half of the northeast one-quarter of the southwest one-
quarter of Section 16 and the north one-half of the southeast
one-quarter of Section 16,
EXCEPTING therefrom a certain tract of land described as
beginning at the northeast corner of the southwest quarter of
said Section 16; thence south 33 feet, thence west 16 feet;
thence south parallel with the east line of said Section 16
367 feet, thence west parallel with the centerline of said
Section 16, to the east line of the right-of-way of the New
Jersey, Indiana and Illinois Railroad Company as the same has
been and is now located; thence northeasterly along the
easterly line of said right-of-way to the east and west
centerline of said Section 16; thence along said centerline
of said Section 16 to the east line thereof and the place of
beginning containing 27.017 acres, more or less, and conveyed
to the New Jersey, Indiana and Illinois Railroad Company by
deeds recorded respectively in Deed Record 164, Page 140 and
Deed Record 193, Page 191, of the records of St. Joseph
County, Indiana;
AND ALSO EXCEPTING therefrom the right-of-way of the New
Jersey, Indiana and Illinois Railroad Company and the Penn
Central Railroad, now known as Conrail.
Subject to all legal highways, the total parcel containing 70
acres, more or less.
WHEREAS, the Redevelopment commission has conducted an investigation
pursuant to Section 2-77 of the Municipal Code and prepared a report determining
that there is compliance with the Statutory obsolescence and eligibility
criteria under Indiana Code 6-1 .1-12.1-1, et seq.
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 Urban Development Area, and that the real
peroperty to be located at such location is entitled to a deduction from the
assessed value of the buildings and structures for a period of ten (10) years.
NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South
Bend, Indiana, as follows:
SECTION I. 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 Urban Development Area, and that the real property to
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be located at such location is entitled to a deduction from the assessed value
of the buildings and improvements for a period of ten (10) years.
SECTION II. The Common Council hereby adopts a resolution designating this
area as an Urban Development Area for purposes of real property tax abatement.
SECTION III. The Common Council directs the City Clerk, upon the receipt of
the report of the Area Plan Commission to cause notice of the adoption of this
Resolution to be published. Said publication shall provide notice of the public
hearing before the Common Council of 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.
/
V/
M:, ,er of ter- Common Cou it
FILED IN CLERK'S OFFICE
AUG 2 c 1987
Irene Gammon
CITY CLERK,SOUTH BEND,IND.
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:PRESENTED. - 8- Be - g a
NOT APPROVED
ADOPTED g-3 o - Sa