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HomeMy WebLinkAboutDesignating 404 W. Sample St as Urban Development Area for Tangible Personal Property Tax Abatement RESOLUTION NO. 953-82 Passed by the Common Council of the City of South Bend, Indiana April 26, /9 R7 Attest: fr City Clerk a, / i Attest: A President of Common Council Presented by me to the Mayor of the City of South Bend, Indiana April 27, zg 82 ° • '- 7C l City Clerk �-9 Approved and sired by me b (1.1� = rD zg 1 61 / � /,/v' Mayor RESOLUTION NO. Q5 3 -jI'a A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING 404 WEST SAMPLE STREET AN URBAN DEVELOPMENT AREA FOR TANGIBLE PERSONAL PROPERTY TAX ABATEMENT PURPOSES AND A DETERMINATION OF THE PUBLIC UTILITY AND BENEFIT OF THE PROPOSED PROJECT WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Urban Development Areas for purposes of tax abatement consideration; and WHEREAS, a Declaratory Resolution designating the area commonly known as 404 West Samples Street, South Bend, Indiana, and more particularly described by a line drawn as follows : A parcel of land being a part of the Northeast Quarter of Section 14, Township 37 , North, Range 2 East of the Second Principal Meridan and being more particularly described as follows , viz : Beginning at a point 1200..01 feet South 89° -51' -46" East of the Northwest corner of Tract No . 4 of the Studebaker Corporation Replat as recorded in Plat Book 11, page 184, in the office of the Recorder of St . Joseph County, Indiana, said point being on the North Line of said Tract No . 4, which North Line is also the South right-of-way line of Sample Street ; thence South 0° -21' -18" East along the projection of a wall line and along said wall line, a distance of421. 71 feet to an angle point; thence South 27° -52' -38" East , along a wall line a distance of 27 . 07 feet to an angle point ; thence North 89° -38 ' -42" East, along a wall line a distance of 132 . 73 feet to a point 96. 19 feet South 89° -38 ' -42" West of the West right-of-way line of Franklin Street ; thence South 0° -21' -55" East , parallel with the West right- of-way line of Franklin Street , a distance of 160 . 27 feet to a point 96 . 18 feet South 89° -55 ' -21" West of said West right-of-way line of Franklin Street ; thence North 89° -55' -21" East, a distance of 96 . 18 feet to said West right-of-way line; thence North 0° -21' -55" West , along said West right-of-way line, a distance of 604. 93 feet to said South right-of-way line of Sample Street ; thence North 89° -51' -46" West, along said South right-of-way line, a distance of241. 64 feet to the place of beginning. Containing 122, 878 . 47 square feet (2 . 821 acres) more or less . is an Urban Development Area; and WHEREAS , the Area Plan Commission has submitted to the Council its written order approving for the Declaratory Resolution to the Council ; and WHEREAS , notice of the adoption of a Declaratory Resolution and the public hearing before the Council having been published pursuant to Indiana Code 36-7-14-17 ; and • WHEREAS , the Council held a public hearing for the purposes of hearing persons in favor of the proposed project and those remonstrators who were opposed to the proposed project; and WHEREAS , the Council has determined the public utility and benefit of the project . NOW, THEREFORE BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows : SECTION I. The Common Council hereby confirms its Declaratory Resolution No . 947-82 , adopted by the Council on March 15 , 1982 , which designated the area described herein as a Urban Development Area for the purposes of Tangible Personal Property tax abatement consider- ation and confirms its determination of the project ' s public utility and benefit . 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. P ;aber 1 the ommon Council !ICED IN CLEEI NCI PRESENTED St..?4 • 8. Z APR 21 1982 NOT APPROVED Irene Gammon ADOPTED V-c?C- �� CITY CURII,BOOTH 8E u, . -2-