04-22-02 Council Meeting Minutes

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REGULAR MEETING APRIL 22, 2002 Councilmember King reported that the Community and Economic Development Committee held a Public Hearing on this bill this afternoon and voted unanimously to send it to the full Council with a favorable recommendation. Mr. Thomas J. Hall, 1323 Fairfax Drive, 340 Columbia Place, South Bend, Indiana, as a partner of the law firm of Tuesley & Hall and manager of SBL, made the presentation for this Resolution. Mr. Hall requested the Council's favorable consideration. He noted that they are converting the former South Bend Orthopedics building from a single user medical facility to a multiple tenant professional office building with the renovation costs in the range of seven hundred thousand dollars ($700,000.00) which involves a significant increase in the occupancy costs of both firms. A Public Hearing was held on the Resolution at this time. There being no one present wishing to speak to the Council either in favor of or in opposition to this Resolution, Councilmember Coleman made a motion to adopt this Resolution. Councilmember King seconded the motion which carried and the Resolution was adopted by a roll call vote of eight (8) ayes. RESOLUTION NO. 3089 -02 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1902 WEST SAMPLE STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND REDEVELOPMENT COMMISSION FOR THE BENEFIT OF: AJW SOUTH BEND REALTY CORP. 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 1902 West Sample Street, South Bend, Indiana, and which is more particularly described as follows: That Part of the Northeast Quarter of Section 15, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana which is described as: Beginning at a Point which is S. 000- 05'51" E. (All Bearings Assumed), 50.00 ft. more or less and S. 89 °- 52' -12" E., 1,076.95 ft. more or less from the North Quarter Post of Said Section 15; thence continuing S. 00°- 05'- 51 "E., 395.00 ft. more or less; thence S. 89 °- 56' -51" W., 492.00 ft. more or less; thence N. 51 °- 31' -38" W., 141.28 ft. more or less to the Proposed Southerly Line of Sample Street; thence along said Proposed Line, S. 37 °- 45' -40" W., 697.66 ft. more or less to the Proposed Easterly Line of Olive Street; thence along said East Line, S. 000- 08' -02" W., 1106.17 ft. more or Less; thence N. 89°- 54' -19" E., 557.45 ft. more or less; thence N. 79 °- 32' -32" E., 592.72 ft. more or less; thence N. 000- 07' -40" W., 370.29 ft. more or less; thence N. 890- 54' -19" E., 922.75 ft. more or less; thence N. 00 °- 01'-16" W., 1482.61 ft. more or less to the Proposed South Line of Sample Street; thence N. 89'-52'-12"W. along said Proposed South Line, 1029.96 ft. to the Point of Beginning. Containing 70.95 acres more or less. -17-