01-13-92 Council Meeting Minutes

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ENGINEERING. WHEREAS, the Common Council of the City of South Bend, Indiana has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 1702 W. Washington and which is more particularly described as follows: PARCEL I. A lot or parcel of land in the City of South Bend, located in the East half of the northeast quarter of section number ten (10, Township number thirty -seven (37) north, range number two (20 east, bounded by a line running as follows, viz: Beginning at a point in the South line of West Washington Avenue 7.58 feet West from a point where the West line of College Street extended South would intersect the south line of said West Washington Avenue thence South 208 feet; thence West 395.87 feet; thence north 208 feet to the south line of Washington Avenue, thence east along the south line of Washington Avenue a distance of 395.87 feet to the place of beginning. PARCEL II. Also, beginning at a point in the South line of West Washington Avenue 7.58 feet west from a point where the west line of College Street extended south would intersect the south line of Washington Avenue and being at the northeast corner of the above described tract; thence south along the east line of the above described tract 293.6 feet to an iron stake; thence east 19.69 feet, mor or less, to the southwest corner of a tract of land conveyed to the South Bend Wholesale Drug Company be deed recorded in Deed Record 333 page 336; thence north 293.6 feet, mor or less, to a point in the south line of West Washington Avenue 20 feet East of the place of beginning; thence West 20 feet to the place of beginning, subject, however, to a perpetual easement of right of way in common with the Grantees at all times and for all purposes over the following real estate for the use and benefit of the South Bend Drug Co., Inc.; A part of the east half (1/2) of the northeast quarter (1/4) of section ten (10), Township Thirty -seven (37) north, range two (2) east, described as follows: Beginning at a point on the south line of Washington Avenue which is 389.87 feet west of a point which is 7.58 feet west from the west line of College Street extended south to the South line of Washington Avenue; thence due south 133.5 feet; thence easterly 321.3 feet to a point 130.3 feet due south from the south line of Washington Avenue; thence in a southeasterly direction 102 feet to an iron stake, which iron stake is 208 feet due south from Washington Avenue; thence north 46.2 feet; thence in a northwesterly direction 80.3 feet to a point 100.3 feet due south from the south line of Washington Avenue; thence westerly 305.6 feet to a point due South 103.5 feet to a point on the South line of Washington Avenue which is 30 feet east of the place of beginning, thence west 30 feet to the place of beginning. with said real estate having the following Key No. 18- 02001002 and 18- 020010005, as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an Economic Revitalization Area have been met. 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 Declaratory Resolution 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 six (6) years, and further determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -23.1 et seq. Section III. 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/ Stephen Luecke Member of the Common Council A public hearing was held on the resolution at this time. Ernest Szarwark, attorney, made the presentation for the resolution. He indicated that the petitioner planned to rehabilitate 5,000 square feet of its existing building to move a subsidiary company from Mishawaka to South Bend. He indicated four new jobs will be created. Council Member Slavinskas made a motion to adopt this resolution, seconded by Council Member Coleman. The resolution was adopted by a roll call vote