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09-27-99 Council Meeting Minutes
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09-27-99 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
9/27/1999
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REGULAR MEETING SEPTEMBER 27, 1999 <br />Councilmember Kelly made a motion to combine Bills Nos. 99 -92 and 99 -93 for purposes of Public <br />Hearing. Councilmember Hosinski seconded the motion which carried by a voice vote of nine (9) <br />ayes. <br />RESOLUTION NO. 2791 -99 A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN <br />AREAS WITHIN THE CITY OF SOUTH BEND <br />COMMONLY KNOWN AS 1215 SOUTH WALNUT <br />STREET, SOUTH BEND, INDIANA AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF <br />PERSONAL PROPERTY TAX ABATEMENT FOR LOCK <br />JOINT TUBE, INC. /KEYCORP CAPITAL <br />LEASING /STEEL WAREHOUSE CO. INC. <br />WHEREAS, a petition for personal property tax abatement consideration has been filed with <br />the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, <br />requesting that the area commonly known as 1215 South Walnut Street, South Bend, Indiana, and <br />which is more particularly described as follows: <br />A tract of land in the City of South Bend, County of St. Joseph, and State of Indiana, situated in the <br />Northwest 1/4 of Section 14, and the Northeast 1/4 of Section 15, Township 37 North, Range 2 East, <br />bounded by the following described line: Beginning at a point in the West line of Walnut Street, <br />682.75 feet south of the South line of Sample Street, which point is 31 feet South of the South line <br />of the Sanders and Egbert Tract, as conveyed by deeds recorded in Deed Record 118, Page 428 and <br />Deed record 121, Page 320; thence on an assumed bearing of South 0 °00'49" East along said West <br />line of Walnut Street, 556.95 feet; thence South 89 °55'05 "' West, 1200 feet; thence North 0 °00'49" <br />West parallel with said West line of Walnut Street, 589.19 feet to a point 651.75 feet south of the <br />south line of Sample Street or the produced South line of the tract conveyed to F. C. Raff, recorded <br />in Deed Record 172 Page 641; thence South 89 °57'10" East along the South line above described <br />tract produced East, 295 feet; thence South 0 °00'49" East parallel with the West line of Walnut <br />Street, 31 feet; thence North 89 °57'16" East, 905 feet to the place of beginning. <br />and this property has Key Number 18- 8021 - 084504, be designated as an Economic Revitalization <br />Area under the provisions of Indiana Code Section 6- 1.1- 12.1 -1 et seq., and South Bend Municipal <br />Code Sections 2 -76 et sM.; and <br />WHEREAS, the Common Council has received a completed Form SB -1 Statement of Benefits from <br />Lock Joint Tube, Inc./KeyCorp Capital Leasing/Steel Warehouse Co. Inc. proposing installation of <br />the new manufacturing equipment; and <br />WHEREAS, the Department of Community and Economic Development has concluded an <br />investigation and prepared a report with information sufficient for the Common Council to determine <br />that the area qualifies as an Economic Revitalization Area under Indiana Code 6 -1.1 -12.1, et seq., <br />and South Bend Municipal Code Sections 2 -76, et seq., and has further prepared maps and plats <br />showing the boundaries and such other information regarding the area in question as required by law; <br />and <br />WHEREAS, the Community and Economic Development Committee of the Common <br />Council has reviewed said report and recommended to the Common Council that the area qualifies <br />as an Economic Revitalization Area. <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 determines and finds pursuant to Indiana Code <br />6- 1.1- 12.1 -4.5 et. seq., that: <br />
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