|
2.44
<br />REGULAR MEETING
<br />NOVEMBER 28, 1994
<br />line of the New Jersey, Indiana and Illinois Railroad; thence southwesterly
<br />along said Northerly right -of -way line of the New Jersey, Indiana and Illinois
<br />Railroad 437.58 feet more or less to a point due South of the place of
<br />beginning; thence North 714.1 feet more or less to the place of beginning.
<br />ALSO, a lot or parcel of land in the Northwest Quarter of Section of Section
<br />Fifteen (15), Township Thirty -Seven (37) North, Range Two (2) East in the City
<br />of South Bend, St. Joseph County, Indiana, described as beginning 35 feet South
<br />and 165 feet East of the Northwest Corner of Section 15, Township 37 North,
<br />Range 2 East, which beginning point is on the South line of Sample Street;
<br />thence East (bearing assumed) 165 feet along the South lines of said Sample
<br />Street; thence South zero degrees 04 minutes West 714.01 feet to the Northerly
<br />right -of -way line of the New Jersey, Indiana and Illinois Railroad right -of -way;
<br />thence South 65 degrees 59 minutes 50 sections West 251.6 feet along said
<br />Northerly right -of -way; thence North zero degrees 02 minutes 50 sections East
<br />587.24 feet to a point 229 feet South and 65 feet West of place of beginning;
<br />thence North 89 degrees 50 minutes 50 seconds East 65 feet; thence North zero
<br />degrees 02 minutes 50 seconds East 29 feet to place of beginning.
<br />EXCEPTING THEREFROM, a parcel of land being a part of the Northwest Quarter of
<br />Section Fifteen (15), Township Thirty -Seven (37) North, Range Two (2) East in
<br />the City of South Bend, St. Joseph County, Indiana, described as follows:
<br />Starting at a point 35 feet South and 165 feet East of the Northwest corner of
<br />Section 15, Township 37 North, range 2 East which point is on the South line of
<br />East Sample Street; thence South 0 degrees 2 minutes 50 seconds West, 229 feet
<br />to the true point of beginning for this description; thence continuing as an
<br />extension to the last described line South 0 degrees 2 minutes 50 seconds to the
<br />Northerly right -of -way line of the Norfolk and Western Railroad (N.J.I. and
<br />I.R.R.); thence South 65 degrees 59 minutes 50 seconds West in a Southwesterly
<br />direction along the railroad right -of -way to a point which is 109.4 feet
<br />Northeasterly as measured on said railroad right -of -way from the West line of
<br />Section 15, Township 37 North, Range 2 East, 587.24 feet to a point (which point
<br />is 264 feet South and 100 feet East of the Northwest corner of said Section 15);
<br />thence North 89 degrees 50 minutes 50 seconds East, 65 feet to the point of
<br />beginning.
<br />Subject to legal highways.
<br />with said real estate having the following Key Nos. 18 8075 181401, 18 8075 282404,
<br />as an Economic 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 /Ann Puzzello
<br />Member of the Common Council
<br />Marc Petersen, president of Petersen Printing, made the presentation for the
<br />resolution. He indicated they were asking for abatement in order to purchase new
<br />equipment. He indicated they would add six to eight new employees. Council Member
<br />Kelly made a motion to adopt this resolution, seconded by Council Member Coleman.
<br />The resolution passed by a roll call vote of nine ayes.
<br />Council Member Luecke made a motion to combine public hearing on the next two
<br />resolutions, seconded by Council Member Duda. The motion carried.
<br />RESOLUTION NO. 2194 -94 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH
<br />BEND, DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH
<br />BEND COMMONLY KNOWN AS 2930 FOUNDATION DR. SOUTH BEND,
<br />INDIANA, AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A
<br />TEN YEAR REAL PROPERTY TAX ABATEMENT FOR EATON CORPORATION
<br />WHEREAS, a petition for real property tax abatement has been filed with the City
<br />Clerk for consideration by the Common Council of the City of South Bend, Indiana
<br />rennectina that the area nnmmnn1v known ac 2 930 Foundation Dr__ Rnuth Rend_ Tndiana_
<br />
|