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HomeMy WebLinkAboutNo. 2274 approving an application for personal property tax deduction (Parrish Meyer Machine 3702 Progress Dr)RESOLUTION NO. 2274 A RESOLUTION APPROVING AN APPLICATION FOR PERSONAL PROPERTY TAX DEDUCTION WHEREAS, LC. 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 (5) five years of personal property tax abatement consideration from Parrish/Meyer Machine, Inc., for personal property located at 3702 Progress Drive 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 3702 Progress Drive 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 Parrish/Meyer Machine, Inc., for (5) five years of personal property tax abatement consideration for property located at 3702 Progress Drive 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 Parrish/Meyer Machine, Inc. Approved this 20th day of October, 2006, at the regularly scheduled meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION Karl ~. :King, Vice'P~es~clent ATTEST: G e Downes, Se ary • EXHIBIT A LEGAL DESCRIPTION Description: Commencing at a brass plus at the center of Section Thirty-Three (33), Township Thirty-Eight (38) North, Range Two (2) East; thence North Zero Degrees, Zero Minutes, Zero Seconds East (N 0° 00' 00" E) along the center line of said Section Thirty-Three (33) a distance of One Hundred Thirty-five and Eighteen Hundredths (135.18) feet to the South line of Progress Drive, extended West; thence South Eighty-Nine Degrees, Forty Minutes, Nine Seconds East (S 89° 40' 09" E) along said South line of Progress Drive a distance of Four Hundred Forty and Zero Hundredths (440.00) feet to the point of beginning, said point being the Northeast corner of a tract theretofore conveyed to Canteen Corporation, Inc.; thence South Zero Degrees, Nineteen Minutes, Fifty-one Seconds West (S 0° 19' S1" W) a distance of Two Hundred Forty and Zero Hundredths (240.00) feet; thence South Eighty-Nine Degrees, Forty Minutes, Nine Seconds East (S 89° 40' 09" E) a distance of Four Hundred Twenty-Nine and Eighty-Seven Hundredths (429.87) feet to a point on the West line of a tract heretofore conveyed to Woodworth Storage and Transfer, Inc.; thence North Zero Degrees, Eighteen Minutes, Fifty-One Seconds East (N 0° 18' S 1 " E) a distance of Two Hundred Forty-Three Hundredths (240.43) feet to the South line of Progress Drive; thence North Eight-Nine Degrees, Forty Minutes, Nine Seconds West (N 89° 40' 09" W) a distance of Four Hundred Thirty and Zero Hundredths (430.00) feet to the point of beginning. Tax Key No.: 18-2184-6938.09 25-1006-0299 Address: 3702 Progress Drive South Bend, IN 46628 •