HomeMy WebLinkAboutNo. 2265 approving an application for personal property tax deduction (Federal Mogul Powertrain 3605 W Cleveland)RESOLUTION NO. 2265
A RESOLUTION APPROVING AN APPLICATION FOR
PERSONAL 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 LC. 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
personal property tax abatement consideration from Federal Mogul Powerrain for personal property
located at 3605 West Cleveland Road in the Airport Economic Development Area, the legal
description of which is attached hereto, marked Exhibit "A" and incorporated herein; and
WHEREAS, this Commission declared the Airport Economic Development Area by
Resolution No. 919, adopted February 23, 1990, and in the same resolution declared the Airport
Economic Development Allocation Area, Allocation Area No. 1; and
WHEREAS, the property located at 3605 West Cleveland Road is located within the Airport
Economic Development Allocation Area, Allocation Area No. 1.
NOW, THEREFORE, BE IT RESOLVED by the South Bend Redevelopment Commission
as follows:
1) The Commission finds that the application from Federal Mogul Powertrain for (5) five
years of personal property tax abatement consideration for property located at 3605 West Cleveland
Road in the Airport Economic Development Allocation Area, Allocation Area No. 1, 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 personal property tax abatement for Federal
Mogul Powertrain.
Approved this 25th day of August, 2006, at the regularly scheduled meeting of the South
Bend Redevelopment Commission.
SOUTH BEND REDEVELOPMENT COMMISSION
Karl ~~/Kin~, Vick pres~del~t
ATTEST:
Gregory S. Downes, S cretary
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EXHIBIT A
LEGAL DESCRIPTION
FEDERAL MOGUL POWERTRAIN
Description:
A tract of land in part of the East half of Section 21, Township 38 North, Range 2
East, 2"`~ P.M., St. Joseph County, Indiana, and more particularly described as
follows: Beginning at a point on the East-West Half section line of said East Half
North 88 degrees 53 minutes 36 second East 915.58 feet from the center of said
Section 21; thence North 0 degrees 56 minutes 57 seconds West 338.80 feet; thence
North 88 degrees 53 minutes 36 seconds East, parallel with the East-West half
section line of said Section, 800.00 feet; thence South 0 degrees 56 minutes 57
seconds East 1726.13 feet; thence northwesterly 550.14 feet along an arc to the right
having a radius of 4463.66 feet and subtended by a long chord having a bearing of
North 54 degrees 36 minutes 59 seconds West and a distance of 549.80 feet; thence
North 51 degrees OS minutes 08 seconds West 465.22 feet; thence North 0 degrees 56
minutes 57 seconds West 761.20 feet to tl~e East-West half section line of said East
half the point of beginning, and containing 26.203 acres, more or less.
Tax Key No.:
25-1013-0218
Address:
3605 West Cleveland Road
South Bend, IN 46628
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