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HomeMy WebLinkAboutNo. 2276 approving an application for real property tax deduction (Elkhart Plastics 3300 N. Kenmore St) RESOLUTION NO. 2276 A RESOLUTION APPROVING AN APPLICATION FOR REAL PROPERTY TAX DEDUCTION WHEREAS, I.C. 6-1.1-12.1-2(1) provides that an application forpropertytax 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 (4) four years of real property tax abatement consideration from Elkhart Plastics, Inc., for real property located at 3300 N. Kenmore Street 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 3300 N. Kenmore Street 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 Elkhart Plastics, Inc., for (4) tour years of real property tax abatement consideration for property located at 3300 N. Kenmore Street 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 real property tax abatement for Elkhart Plastics, Inc. Approved this 3`d day of November, 2006, at the regular meeting of the South Bend Redevelopment Commission. SOUTH BEND REDEVELOPMENT COMMISSION iC~~~,~ ~. ' -= =~ tic, ~ \~ c` ~~ arcia ones, red ent ATTEST: i r ry o s, ecr EXHIBIT A LEGAL DESCRIPTION Description: Commencing at the Northeast corner of Section 28; thence South 89°48'05" West, 966.00 feet along the North line of said Section 28; thence South 00°00'23" West 40.00 feet to the South boundary of Cleveland Road; thence South 89°48'05" West, 289.0-0 feet along said South boundary; thence South 44°54' 14"West, 14.17 feet to the East boundary of Kenmore Street; thence South 00°00'23" West, 146.76 feet along said East boundary; thence along said East boundary, Southeasterly 294.37 feet along an arc to the left, having a radius of 1,869.86 feet, subtended by a long chord, having a bearing of South 04°30' 13" East, and a length of 294.07 feet to the point of beginning of this description; thence North 89°48'05" East 581.88 feet; thence South 00°00'23" West, 472.86 feet; thence South 89°58'56" West, 498.99 feet to said East boundary of Kenmore Street; thence North 09°59'37" West, 445.88 feet along said East boundary; thence Northwesterly 31.98 feet along an arc to the right, having a radius of 1,869.86 feet and subtended by a long chord, having a bearing of North 09°30' 15" West, and a length of 31.98 feet to the place of beginning. Tax Key No.: 25-1010-0385.18 Address: 3300 N. Kenmore Street South Bend, IN 46628 •