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HomeMy WebLinkAboutNo. 2260 approving an application for real property tax deduction (South Bend Chocolate 128 S Michigan)RESOLUTION NO. 2260 A RESOLUTION APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6-1.1-12.1-2(I) 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 (5) five years of real property tax abatement consideration from The South Bend Chocolate Company for real property located at 128 South Michigan Street in the South Bend Central Development Area, the legal description of which is attached hereto, marked Exhibit "A" and incorporated herein; and WHEREAS, this Commission declared the South Bend Central Development Area by Resolution No. 737, adopted May 10, 1985, and in the same resolution declared the South Bend Central Development Area, Allocation Area No. 1 A; and WHEREAS, the property located at 128 South Michigan Street is located within the South Bend Central Development Area, Allocation Area No. 1 A; NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission • as follows: 1) The Commission finds that the application from The South Bend Chocolate Company for (5) five years of real property tax abatement consideration for property located at 128 South Michigan Street in the South Bend Central Development Area, Allocation Area No. 1 A, 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 The South Bend Chocolate Company. Approved this 4th day of August at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Marcia I. Jones • EXHIBIT A LEGAL DESCRIPTION Description: Parcel 1: The North Half of Lot Numbered Forty-two (42) and a strip of land in width, North and South, taken off of and from the entire length of the South side of a Lot Numbered Forty-three (43) in the Town of South Bend, being a part of the Northwest Fractional Quarter of Section 12, and the Southwest Fractional Quarter of Section 1 all in Township 37 North, Range 2 East of the Second Principal Meridian according to the plat thereof recorded March 28, 1831, in Deed Record A, page 13, in St. Joseph County, Indiana. Parcel II: A part of Lot Numbered Forty-three (43) as shown on the Original Plat of the Town, now City of South Bend, which part is bounded by a line running as follows: Beginning on the East line of the South Michigan Street in said City, at a point 3 feet North of the Southwest corner of said Lot Numbered 43; thence running North on said East line of South Michigan Street, a distance of 18 feet; thence East 165 feet to the East line of said lot; thence South on said East line 18 feet; thence West 165 feet to the place of beginning. Parcel III: Beginning 21 feet North of the Southwest corner of Lot Numbered Forty- three (43) in the Original Plat of the Town now City of South Bend; thence North 18 • '/z feet; thence East to the East line of said Lot Numbered Forty-three (43); thence South 18 `/z feet; thence West to the place of beginning. Tax Key No.: 18-3001-0014; 18-3001-0015; 18-3001-0016 Address: 128 South Michigan Street South Bend, IN 46601 U