11-28-05 Council Meeting Minutes

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REGULAR MEETINGNOVEMBER 28, 2005 DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4521 NIMTZ PARKWAY AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR IMAGINEERING PROPERTIES, LLC WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana requesting that the area commonly known as 4521 Nimtz Parkway, South Bend, Indiana, and which is more particularly described as follows: A PART OF THE SOUTHWEST QUARTER (SW ¼) OF SECTION 21, TOWNSHIP 38 NORTH, RANGE 2 EAST, SITUATE IN GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA AND BEING MORE PARTICULARYL DESCRIBED AS FOLLOWS: COMMENCING AT AN IRON PIPE MARKING THE NORTHWEST CORNER OF THE SOUTHWEST QUARTER (SW ¼) OF SAID SECTION 21; THENCE SOUTH 00’23’18” EAST ALONG THE WEST LINE OF SAID QUARTER SECTION A DISTNACE OF 973.15 FEET TO A POINT ON THE NORTH RIGHT-OF-WAY LINE OF F.J. NIMTZ PARKWAY (DOCUMENT # 94-45142; THENCE SOUTH 60’00’07” EAST ALONG THE NORTH LINE OF SAID NIMTZ PARKWAY A DISTANCE OF 352.47 FEET TO AN IRON PIPE MARKING THE PLACE OF BEGINNING OF THIS DESCRIPTION SAID POINT BEING THE SOUTHEASTERN MOST CORNER OF H.G. BAUS CENTRE PHASE I, SAID PLAT BEING RECORDED IN DOCUMENT NO. 95-07104. OFFICE OF THE RECORDER, ST. JOSEPH COUNTY, THENCE NORTH 29’ 59’53” EAST ALONG THE SOUTHEASTERLY LINE OF SAID BAUS CENTRE A DISTANCE OF 483.40 FEET TO A POINT OF CURVATURE; THENCE NORTHEASTERLY ALONG THE EASTERLY LINE OF SAID BAUS CENTRE AND ALONG A TANGENT CURVE TO THE RIGHT HAVING A RADIUS OF 170.00 FEET ANDAN ARC LENGTH OF117.97 FEET (TANGENT=61.47’. CHORD BEARING AND DISTANCE = NORTH 49 ’52’44” EAST = 115.62’, DELTA = 39’45’41”) TO THE EAST MOST CORNER OF SAID BAUS CENTRE; THENCE ALONG A COMPOUND CURVE TO THE RIGHT HAVING A RADIUS OF 228.33 FEET AND AN ARC LENGTH OF 168.38 FEET (TANGENT= 88.22 ’, CHORD BEARING AND DISTANCE = SOUTH 89’06’53” EAST = 164.59’, DELTA = 42 ’15’06”) TO A POINT OF TANGENCY; THENCE SOUTH 67’59’20” EAST 380.57 FEET; THENCE SOUTH 29’59’53” WEST A DISTANCE OF 725.09 FEET TO A POINT ON THE NORTH LINE OF F.J. NIMTZ PARKWAY RECORDED IN DOCUMENT NO. 9445142 OFFICE OF THE RECORDER, ST. JOSEPH COUNTY; THENCE NORTH 60’00’07” WEST ALONG THE NORTHLY LINE OF SAID NIMTZ PARKWAY A DISTANCE OF 560.00 FEET TO THE PLACE OF BEGINNING OF THIS DISCRIPTION CONTAINING 8.67 ACRES. and which has Key Number 25-1010-036104, be designated as an Economic Revitalization Area under the provisions of Indiana Code § 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et seq., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code § 6-1.1-12.1, et seq., and South Bend Municipal Code Sections 2-76, et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and 15