12-21-87 Council Meeting Minutes

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SM Southeast corner of a parcel of land conveyed to Lester Sumrall Evangelistic Association, Inc, by Warranty Deed recorded as instrument number 8010363 in said Recorder's office; thence North 0- 00100" East, along the East line of said property, a distance of 461.9 feet to a corner thereof; thence North 88- 38'50" East, along a Southerly line of said Sumrall property, a distance of 371.04 feet to a point on the East right -of -way line of high Street, a 60 foot right -of -way; thence North 0- 00'00" East, along said East right -of -way line, to the South line of a parcel of land conveyed to Slenderform /Universal Health Spas, Inc. by Warranty Deed recorded as instrument number 7810741 in said Recorder's office; thence Easterly, along the Southline of said parcel to the Southeast corner thereof; thence Northerly along the East line of said parcel, a distance of 174.55 feet to its intersection with the Westerly projection of the South line of a parcel of land known as "Parcel 1" conveyed to Standard Federal Savings and Loan Association by Sheriff's Deed recorded as instrument number 8406566 in said Recorder's office; thence Easterly, parallel with the North line of said Quarter Section to a point on the West line of property conveyed to Indiana Bell Telephone Company, Inc. by Warranty Deed recorded in Deed Record 629, page 412 in Said Recorder's office; thence Southerly, parallel with the East line of Said Quarter Section, a distance of 119.55 feet to the Southwest corner of said parcel; thence Easterly along the South line of said parcel and its Easterly projection, a distance of 450.00 feet to the place of beginning. be designated as an Economic Revitalization Area under the provision of Indiana Code 6 -1.1- 12.1 -1, et seq. and South Bend Municipal Code Section 2 -76; and 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. That 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. That the Common Council hereby determines that the property owner is qualified for and is granted real property tax deduction for a period of three (3) years. SECTION III. This Resolution shall be in full force and effect from and after its adoption by the Common Council and approval by the Mayor. /s/ Joseph T. Serge Member of the Common Council A public hearing was held on the resolution at this time. Kathleen Cekanski - Farrand, Council attorney, indicated this abatement was Erskine Plaza Associates. She indicated they planned to construct a 168,000 square foot facility, as well as renovate Ireland Village. She indicated 132 new jobs will be created, 60 full -time and 60 part -time jobs will be retained. She indicated they were asking for a three year abatement. Council Member Zakrzewski made a motion to adopt this resolution, seconded by Council Member Barcome. The resolution was adopted by a roll call vote of nine ayes. RESOLUTION NO. 1576 -87. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 3502 W. MCGILL STREET, TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT. WHEREAS, the Common Council of the City of South Bend 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 3502 W. McGill, and which is more particularly described as follows: A part of the northeast quarter of section 28, township 38 north, range 2 east, City of South Bend, St. Joseph County, Indiana, described as follows: