12-21-87 Council Meeting Minutes

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ci,,._ Commencing at the northeast corner of said section 28; thence south 89 degrees 48105" west (the bearing of the south line of the southeast quarter of section 28 is assumed north 90 degrees 00'00" west) a distance of 1305 feet along the north boundary of said northeast quarter to the centerline intersection of Cleveland Road and Kenmore Street; thence south 00 degrees 00'23" west a distance of 363.70 feet to a cross cut in the pavement thence south 09 degrees 59137" east a distance of 531.87 feet to a cross cut in the centerline of Kenmore Street; thence south 80 degrees 00123" west a distance of 40.00 feet to a 1/2" iron rebar; and being the point of beginning; thence south 09 degrees 59137" east along the west boundary of the Kenmore Street right -of -way a distance of 193.65 feet to a 1/2" iron rebar; thence southerly along said west boundary 213.72 feet along an arc to the right having a radius of 1869.86 feet and subtended by a long chord having a bearing of south 06 degrees 43'10" east and a length of 213.60 feet to a 1/2" iron rebar; thence north 89 degrees 59 "37" west a distance of 244.44 feet to a 1/2" iron rebar; thence north 00 degrees 00123" east a distance of 382.35 feet to the south boundary of the McGill Street right of way a 1/2" iron rebar; thence easterly along said south boundary of McGill Street right of way 90.16 feet along an arc to the left having a radius of 1944.86 feet and subtended by a long chord having a bearing of north 81 degrees 20.03" east and a length of 90.15 feet to a 1/2" iron rebar; then continuing along said boundary north 80 degrees 00'23" east a distance of 86.41 feet to a 1/2" rebar; thence south 54 degrees 59134" east a distance of 14.14 feet to the point of beginning and containing 2.000 acres more or less, and is subject to easements, restrictions and or limitations of record. 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 six (6) 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 they planned to construct a warehouse and sales office in the Airport Industrial Park. Council Member Beck made a motion to adopt this resolution, seconded by Council Member Barcome. The motion carried. Council Member Beck made a motion to combine public hearing on the next two resolutions, seconded by Council Member Barcome. The motion carried. RESOLUTION NO. 1577 -87 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 3602 W. SAMPLE 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 3602 W. Sample, and which is more particularly described as follows: PARCEL 1 A Part of the Northeast Quarter, Section 16, Township 37 North, Range 2 East, 2nd P.M., in the City of South Bend, Saint Joseph County, Indiana and also being a part of the land of the Torrington Company, a Delaware Corporation (Book 768, page 163 and Book 709, pages 559 and 560, Office of the Recorder) containing 5.118 acres and more particularly described as follows: