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REGULAR MEETING MARCH 27, 1995
<br />ORDINANCE NO. 8588 -95 AN ORDINANCE OF THE COMMON COUNCIL OF THE CITY OF SOUTH
<br />BEND, INDIANA, APPROVING THE SALE OF PARK PROPERTY
<br />This bill had third reading. Council Member Kelly made a motion to pass this bill,
<br />seconded by Council Member Puzzello. The bill passed by a roll call vote of nine
<br />ayes.
<br />RESOLUTIONS
<br />RESOLUTION NO. 2220 -95 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY
<br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF
<br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3636 GAGNON TO BE AN
<br />ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE YEAR
<br />PERSONAL PROPERTY TAX ABATEMENT FOR EXACTO, INC. OF SOUTH
<br />BEND.
<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
<br />Revitalization Areas for the purpose of tax abatement consideration; and
<br />WHEREAS, a Declaratory Resolution designated the area commonly known as 3636 Gagnon,
<br />South Bend IN, and which is particularly described as follows:
<br />A part of the northeast quarter of Section 28, Township 38 north, Range 2 East,
<br />City of South Bend, Indiana and described as follows:
<br />Commencing at the southeast corner of the northeast quarter of said Section 28
<br />said point being at the intersection of the west (bearing assumed) along the
<br />south line of the northeast quarter of said Section 28 (being along the
<br />centerline of Boland Drive) 1150.09 feet to a point at the intersection of
<br />Boland Drive with centerline of Kenmore Street; thence north 00 00' 23" east
<br />along the said centerline of Kenmore Street, 579.86 feet; thence north 89 59'37"
<br />west, 640.00 feet to the point of the beginning; thence south 89 59' 56" west,
<br />424.01 feet; thence north 00 02' 45" east, 784.81 feet; thence south 89 59' 37"
<br />east, 423.47 feet; thence south 00 00' 23" west, 784.63 feet to the point of the
<br />beginning and containing 17.634 acres more or less and is subject to easements,
<br />restrictions and or covenants of record.
<br />A part of the northeast quarter of Section 28, Township 38 north, range 2 east,
<br />City of South Bend, Indiana and described as follows:
<br />Commencing at the southeast corner of the northeast quarter of said Section 28
<br />said point being at the intersection of the centerline of Boland and Bendix
<br />Drives, thence south 89 58' 56" west (bearing assumed) along the south line of
<br />the northeast quarter of said section 28 (being along the centerline of Boland
<br />Drive) 1150.09 feet to a point at the intersection of Boland Drive with
<br />Centerline of Kenmore Street; thence north 00 00' 23" east along the said
<br />centerline of Kenmore Street, 579.86 feet; thence north 89 59' 37" west 640
<br />feet; thence south 89 58' 56" west 424.01 feet to the point of beginning; thence
<br />continuing south 89 58' 56" west, 100.00 feet; thence north 00 02' 45" east,
<br />784.85 feet; thence south 89 59' 37" east, 100.00 thence north 00 02' 45" east,
<br />784.25 feet thence south 89 59 37 east, 100.00 thence south 00 02' 45" west,
<br />784.81 feet to the point of beginning and containing 1.802 acres more or less
<br />and it subject to restrictions and or covenants of record.
<br />and this property has Key Numbers 25 1010 - 038507, be designated as
<br />with said real estate having the following Key No. 25 1010 - 038507, as an Economic
<br />Revitalization Area; and
<br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing
<br />before 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
<br />remonstrances and objections from interested persons; and
<br />WHEREAS, the Council has determined that the qualifications for an economic
<br />revitalization area have been met.
<br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,
<br />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
<br />abatement. Such designation is for Personal property tax abatement only and is
<br />limited to two (2) calendar years from the date of adoption of the Declaratory
<br />Resolution by the Common Council.
<br />SECTION II. The Common Council hereby determines that the property owner is
<br />qualified for and is granted Personal property tax deduction for a period of five (5)
<br />years, and further determines that the petition complies with Chapter 2, Article 6,
<br />of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et seq.
<br />SECTION III. This Resolution shall be in full force and effect from and after its
<br />adoption by the Common Council and approval by the Mayor.
<br />/s /Eugene Ladewski
<br />Member of the Common Council
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