Loading...
HomeMy WebLinkAboutNo. 2493 Resolution approving an application for real property tax deduction for property located at Edison Road adjoining Twyckenham Drive extension on State Road 23 in the Northeast Neighborhood Development Area. (University of Notre Dame Innovation PRESOLUTION N0.2493 A RESOLUTION APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6-1.1-12.1-2(1) provides that an application for property tax deduction may not be approved when the property is located in an allocation area as defined in I.C. 36-7-14-39, unless the Redevelopment Commission which designated that allocation area adopts a resolution approving that application; and WHEREAS, the South Bend Common Council has received a petition for up to ten (10) years of real property tax abatement consideration from University of Notre Dame, Innovation Park At Notre Dame for real property located at Edison Road adjoining Twyckenham Drive extension on State Road 23 in the Northeast Neighborhood Development Area, the development area location and legal description of which are attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the Northeast Neighborhood Development Area by Resolution No. 2016, adopted November 17, 2003, and in the same resolution declared the Northeast Neighborhood Development Area Allocation Area; and WHEREAS, the property located at Edison Road adjoining Twyckenham Drive extension on State Road 23 is located within the Northeast Neighborhood Development Area Allocation Area; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission as follows: 1) The Commission finds that the application from University of Notre Dame, Innovation Park At Notre Dame for up to ten (10) years of real property tax abatement consideration for property located at Edison Road adjoining Twyckenham Drive extension on State Road 23 in the Northeast Neighborhood Development Area Allocation Area should be and is hereby approved. 2) That a copy of this resolution be forwarded to the South Bend Common Council to indicate the Commission's approval of the petition for real property tax abatement for University of Notre Dame, Innovation Park At Notre Dame. Approved this 15 day of August, 2008, at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION ATTEST: Marcia I . Jones , Pres i en G bory S. Downes, Se etary • EXHIBIT A LEGAL DESCRIPTION Description: Parcel 1: A Parcel of land in the Northwest Quarter of Section 6, Township 37 North, Range 3 East of the Second Principal Meridian, St. Joseph County, Indiana, more particularly described as follows: Commencing at the Northeast Corner of the Northwest Quarter of said Section 6; thence South 00°43'29" East (this and all subsequent bearings based on the Indiana State Plane Coordinate System, East Zone), 460.85 feet along the East line of said Northwest Quarter to the northwesterly line of a parcel of land conveyed to the State of Indiana for right-of- way purposes along State Road 23 (South Bend Avenue) recorded October 5, 1991 as Document Number 9129497 in the Office of the Recorder of St. Joseph County, Indiana; thence South 53°08'24" West, 123.83 feet along said northwesterly line to the POINT OF BEGINNING of this description; thence continuing along said line South 53°08'24" West 58.42 feet; thence South 50°14'48" West, 250.32 feet along said line to the northwesterly boundary of S.R. 23; thence South 52°50'49" West, 338.01 feet along said boundary; thence North 36°50'07" West, 588.23 feet to the south line of a parcel of land designated as parcel number 3 for relocated Edison Road and Twyckenham Drive extension on a Right-of--Way plat recorded August 16, 2005 as Document Number 0537239 in said Recorder's Office; thence along the southerly and westerly lines of said parcel number 3 the following 6 courses and distances: 1) northeasterly 241.94 feet along a curve to the left having a radius of 1190.00 feet and subtended by a long chord bearing North 56°00' 19" East, a distance of 241.52 feet; 2) northeasterly 591.36 feet along a curve to the right having a radius of 1070.00 feet and subtended by a long chord bearing North 66°00'50" East, a distance of 583.86 feet; 3) South 58°26'38" East, 68.74 feet; 4) South 00°47'43" West, 10.96 feet; 5) southerly 265.73 feet along a curve to the left having a radius of 960.00 feet and subtended by a long chord bearing South 07°08'04" East, a distance of 264.89 feet; 6) South 15°03'52" East, 139.03 feet to the point of beginning, and containing 9.446 acres more or less. Parcel 2: A Parcel of land partly in the Northwest Quarter and partly in the Northeast Quarter of Section 6, Township 37 North, Range 3 East of the Second Principal Meridian, St. Joseph County, Indiana, more particularly described as follows: Commencing at the Northeast Corner of the Northwest Quarter of said Section 6; thence South 00°43'29" East (this and all subsequent bearings based on the Indiana State Plane Coordinate System, East Zone), 460.85 feet along the East line of said Northwest Quarter to the northwesterly line of a parcel of land conveyed to the State of Indiana for right-of- way purposes along State Road 23 (South Bend Avenue) recorded October 5, 1991 as Document Number 9129497 in the Office of the Recorder of St. Joseph County, Indiana; thence South 53°08'24" West, 5.36 feet along said northwesterly line to the easterly line of a parcel of land designated as parcel number 3 for Twyckenham Drive extension and relocated Edison Road on aRight-of--Way plat recorded August 16, 2005 as Document Number 0537239 in said Recorder's Office and to the POINT OF BEGINNING of this description; thence along the easterly and northerly lines of said parcel number 3 the following 5 courses and distances: 1) North 15°03'52" West, 80.12 feet; 2) North 09° 12' 15" West, 142.01 feet; 3) North 00°09'24" West, 106.80 feet; 4) North 21 ° 13' 12" East, 64.63 feet; 5) North 89°10'21" East, 182.11 feet to the west boundary of vacated Ivy Road; thence South 00°46' 11"East, 250.94 feet along said vacated Ivy Road to the northerly corner of the aforementioned parcel conveyed to the State of Indiana for right-of--way purposes; thence South 31°35'38" West, 27.44 feet along the northwesterly line of said parcel; thence South 53°08'24" West, 188.28 feet along the northwesterly line of said parcel to the point of beginning, and containing 1.490 acres more or less. Tax Key No.: 18-5102-3579; 17-1017-0406 (Original Parcels) Address: Edison Road adjoining Twyckenham Drive extension on State Road 23 South Bend, Indiana • •