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11-09-92 Council Meeting Minutes
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11-09-92 Council Meeting Minutes
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City Council - City Clerk
City Council - Document Type
Council Mtg Minutes
City Counci - Date
11/9/1992
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433 <br />REGULAR MEETING NOVEMBER 9, 1992 <br />RESOLUTION NO. 1984 -92 A RESOLUTION OF THE CONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4300 QUALITY DRIVE, <br />TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A 5 <br />YEAR PERSONAL PROPERTY TAX ABATEMENT FOR ACCURIDE INDIANA, <br />INC. <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 4300 <br />Quality Drive and which is more particularly described as follows: <br />Parcel I: <br />Lot Numbered Eight (8) as shown on the recorded Plat of Landmark Business Park, <br />Section Six, Part One, recorded October 19, 1989, in the Office of the Recorder <br />of St. Joseph County, Indiana, as Instrument No. 8928004. <br />Parcel II: <br />A Tract of land in the North Half of Section 19, Township 38 North, Range 2 <br />East, City of South Bend, German Township, St. Joseph County, Indiana, said <br />tract being more particularly described as follows: <br />Commencing at the north Quarter corner of said Section 19; Thence South <br />OOo54138" along the East line of said Northwest Quarter 119.75 feet to the <br />South right -of -way line of Brick Road; thence North 880 47'24" West on and <br />along said South line a distance of 845.29 feet; thence South OOo52 -54" East a <br />distance of 679.54 feet, said point being the true place of beginning; thence <br />continuing South OOo52104" East a distance of 175.75 feet to PC of a 25.00 <br />foot radius curve to the right; thence along said curve through a central angle <br />of 49058'19" West, an arc distance of 21.68 feet to a point of reverse curve <br />with a 60.00 foot radius curve to the left; thence along said curve through a <br />central angle of 93047'08 ", a chord length of 87.60 feet which bears South <br />01055'07" West, an arc distance of 98.20 feet; thence South 45052104" West a <br />distance of 300.00 feet; thence north 89055138" East a distance of 426.53 feet <br />to the place of beginning. <br />Subject to legal highways. <br />with said real estate having the following Key No. 25 1017 0604, 25 1017 0602 and 25 <br />1017 0602.01 as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code <br />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 <br />designating the area described herein as an Economic Revitalization Area for the <br />purposes of tax abatement. Such designation is for Personal Property tax abatement <br />only and is limited to two (2) calendar years from the date of adoption of the <br />Declaratory 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 <br />(5) years, and further determines that the petition complies with Chapter 2, Article <br />6, of the Municipal Code of the City of South Bend and Indiana Code 6 -1.1 -12.1 et <br />seq. <br />Section III. This Resolution shall be in full force and effect from and after <br />its adoption by the Common Council and approval by the Mayor. <br />/S/ Stephen Luecke <br />Member of the Common Council <br />A public hearing was held on the resolutions at this time. Jim Ongley, Vice <br />President of Accuride, made the presentation for the resolution. He indicated they <br />planned to build a facility, which will manufacture ball bearing drawer slides. <br />Kevin Hughes, Project Future, spoke in favor of these abatements. Council Member <br />Coleman made a motion to adopt Resolution No. 1983 -92, seconded by Council Member <br />Duda. The resolution was adopted by a roll call vote of nine ayes. Council Member <br />Zakrzewski made a motion to adopt Resolution No. 1984 -92, seconded by Council Member <br />Coleman. The resolution was adopted by a roll call vote of nine ayes. <br />
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