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08-09-99 Council Meeting Minutes
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08-09-99 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
8/9/1999
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REGULAR MEETING <br />AUGUST 9. 1999 <br />ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A FIVE (5) YEAR PERSONAL <br />PROPERTY TAX ABATEMENT FOR HALDEX <br />GARPHYTTAN CORPORATION <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas <br />for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 4404 Nimtz <br />Parkway and which is more particularly described as follows: <br />Lots 16 and 17 of the H. G. Baus Centre Industrial Park which are a part of: <br />The Southwest Quarter (1/4) of Section 21, Township 38 North, Range 2 East, <br />excepting therefrom the following two tracts: <br />Tract 1: Commencing at the Northwest corner of the Southwest 1/4 of Section 21, <br />Township 38 North, Range 2 East, thence in an Easterly direction along the North <br />line of said Quarter Section a distance of 650.41 feet to the point ofbeginning, thence <br />continuing along the said North line in an Easterly direction, on the arc of a circular <br />curve to the right of 0 °58'28.1 ", a distance of 983.65 feet to the East line of said <br />Quarter Section; thence in a Southerly direction along said East line a distance of <br />350.36 feet; thence in a Northwesterly direction on the arc of a circular curve to the <br />left of 01'01'36.8" a distance of 2148.26 feet to the point of beginning. <br />Tract 2: A part of the Southwest 1/4 of Section 21, Township 38 North, Range 2 <br />East, St. Joseph County, Indiana, described as follows: Beginning at the Northeast <br />corner of said Quarter Section; thence South 00 °52'00" East 424.89 feet along the <br />East line of said Quarter Section to the Northern Boundary of the Indiana East -West <br />Toll Road; thence along said Northern boundary northwesterly 989.03 feet along an <br />arc to the left having a radius of 5,879.58 feet and subtended by a long chord having <br />a bearing of North 65 °33'44" West and a length of 987.87 feet to the North line of <br />said Quarter Section; thence North 88 °57'48" East 893.08 feet along said North line <br />to the point of beginning. <br />and which has Key Number 25- 1010 - 0361.03, as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before <br />the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances <br />and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic revitalization <br />area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating <br />the area described herein as an Economic Revitalization Area for the purposes of tax abatement. <br />Such designation is for Personal Property tax abatement only and is limited to two (2) calendar years <br />from the date of adoption of the Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is qualified <br />for and is granted Personal Property tax deduction for a period of five (5) years, and further <br />determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City <br />
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