02-11-02 Council Meeting Minutes

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REGULAR MEETING FEBRUARY 11, 2002 should be terminated and the property owner was duly notified of said public hearing. Section II. Accuride International has failed to comply with its promised wage and benefit levels and accordingly, the real property tax abatement heretofore granted to it is hereby revoked and terminated, as it effects taxes due in 2002 payable in 2003, taxes due in 2003 payable in 2004 and taxes due in 2004 payable in 2005. Section III. The Common Council's prior Resolution No. 1980 -92 and Resolution 1983 -92 area hereby revoked and repealed, as it effects taxes due in 2002 payable in 2003, taxes due in 2003 payable in 2004 and taxes due in 2004 payable in 2005. Section IV. The Council directs the City Administration to pursue a civil fine against the property owner in an amount of not less than $250 and not greater than $2,500 as authorized by the South Bend Municipal Code. Section V. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. s/Roland Kelly Member, South Bend Common Council EXHIBIT 1 Parcel I Lot Numbered Eight (8) as shown on the recorded Plat of Landmark Business Park, Section Six, Part One, recorded October 19, 1989 in the Office of the Recorder of St. Joseph County, Indiana, as . Instrument No. 8928004. Parcel II A tract of land in the North Half of Section 19, Township 38 North, Range 2 East, City of South Bend, German Township, St. Joseph County, Indiana, said tract being more particularly described as follows: Commencing at the North Quarter corner of said Section 19; thence South 00 °54'38" East on the along the East line of said Northwest Quarter 110.75 feet to the South right -of -way line of Brick Road; thence North 88'47'24" West on and along said South line a distance of 845.29 feet; thence South 00 °52'04" East a distance of 679.54 feet, said point being the true place of beginning; thence continuing South 00 °52'04" East a distance of 175.75 feet to PC of a 25.00 foot radius curve to the right; thence along said curve through a central angle of 49 °40'45 ", a chord length of 21.00 feet which bears South 23 °58'19" West, an are distance of 21.68 feet to a point of reverse curve with a 60.00 foot radius curve to the left; thence along said curve through a central angle of 93 °46'08 ". A chord length of 87.60 feet which bears South 01'55'07" West, an arc distance of 98.20 feet; thence South 45 °01'33" West a distance of 25.00 feet; thence South 89 °55'38" West a distance of 395.50 feet; thence North 00 °52'04" West a distance of 300.00 feet; thence North 89 °55'38" East a distance of 426.53 feet to the place of beginning. Councilmember King advised that the Community and Economic Development Committee held a Public Hearing on this bill this afternoon and he read into the record the findings of the Committee as follows: The Community and Economic Development Committee respectfully reports the following findings and recommendations regarding Resolution No. 02 -6: Accuride Indiana, Inc. petitioned for tax abatement for real property and personal property associated with a new plant to manufacture precision ball bearing drawer slides for the -6-