05-20-91 Council Meeting Minutes

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41 REGULAR MEETING I I NOW, THEREFORE, BE IT RESOLVED BY THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, as follows: Section I. The Common Council hereby confirms its Declaratory Resolution designating the area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such designation is for Real Property Tax Abatement only and is limited to two (2) calendar years from the date of adoption of the Resolution formally amending the Declaratory Resolution No. 1681 -88 by the Common Council. Section II. The Common Council hereby determines that the property owner is qualified for and is granted Real Property Tax deduction for a period of ten (10) years. Section III. The Common Council hereby acknowledges that the original Declaratory Resolution was adopted by the Common Council on December 12, 1988 through Resolution No. 1681 -88. The Council further acknowledges that Resolution No. 1681 -88 was formerly amended on April 22,1991 to reflect the fact that the petitioner has complied with the Common Council requirement to have a leasehold tenant for the property before the Confirmatory Resolution be formally acted upon by the Council. In light of the time needed to procure a tenant for said property, the original Declaratory Resolution was formally amended to extend the period of time for such designations as a Real Property Tax Abatement area. Section IV. This Resolution shall be in full force and effect from and after its adoption by the Common Council and by approval by the Mayor. /s /Donald Niezgodski Member of the Common Council A public hearing was held on the resolution at this time. Council Member Luecke made a motion to amend this resolution to reflect a ten year abatement, seconded by Council Member Coleman. The motion carried. Bill Mitchell, agent for the owner and Academy Beauty College made the presentation for the resolution. He indicated they planned to open this beauty college in conjunction with Ivy Tech. Council Member Zakrzewski made a motion to adopt this resolution, seconded by Council Member Coleman. The resolution was adopted by a roll call vote of eight ayes. RESOLUTION NO. 1869 -91 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 714 S. MAIN STREET, SOUTH BEND, INDIANA 46618 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR SCHAFER GEAR WORKS, INC. WHEREAS, a petition for personal property tax abatement consideration has been filed with the Common Council of the City of South Bend, requesting that the area commonly known as 814 S. Main St., South Bend, Indiana, and which is more particularly described as follows: PARCEL I; All of Lots Numbered One Hundred Nine (109) and One Hundred Ten (110) as shown on the recorded Plat of Daniel Garst's 1st addition to South Bend City, now within and a part of the City of South Bend. PARCEL II; All of Lots Numbered Two Hundred Fifty -seven (257) and Two Hundred Fifty -eight (258) as shown on the recorded Plat of Daniel Garst's Subdivision of a part of his 1st addition to South Bend City, now a part of the City of South Bend. PARCEL III; All of Lots Numbered Two Hundred Eleven (211) and Two Hundred Twelve (212) as shown on the recorded Plat of Daniel Garst's 1st addition to the South Bend City, now within and a part of the City of South Bend. PARCEL IV. Beginning at the Northwest corner of Lot Two Hundred Twenty (220) in Garst's First addition to South Bend City now within and a part of the City of South Bend, Indiana, as recorded in Plat Book 3, page 41 in the Office of the Recorder of St. Joseph County, Indiana, said beginning point being the intersection of the South line of said vacated 14 foot alley with the East right -of -way line of Main Street as now exist: thence North 000'00" East (bearing assumed) along said East right -of -way line of Main Street, a measured distance of 52.13 feet to the South line of the North 30.00 feet of said Lot Two Hundred Sixty (260); thence North 8957'40" East along said South line and parallel with the North line of said Lot 260, a measured distance of 200.37 feet to the East line of Lot Two Hundred Twelve (212) in Garst's First addition; thence South 010'21" West along the East line of said Lot 212, a measured distance of 51.93 feet to the Northeast corner of Lot Two Hundred Thirteen (213) in said Garst's First addition being also the Southeast corner of a 14 foot alley vacated by Vacation Resolution 3444; thence South 8956' 20" West along the South line of said vacated 14 foot alley, a measured distance of 200.25 feet to the place of beginning. PARCEL V; All of Lots Numbered Two Hundred Thirteen (213), Two Hundred Fourteen (214), Two Hundred Fifteen (215), Two Hundred Sixteen (216), and the East 10 feet of Lot Numbered Two Hundred Seventeen (217) all as shown on the recorded Plat of Daniel Garst's 1st addition of South Bend City, now within and a part of