12-21-87 Council Meeting Minutes

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Beginning at a point 900.6 feet South of the North line of said Section 16 and 1390.55 feet East of the East line of Sheridan Avenue, which line is on the Westerly line of an 18 -foot railroad spur Right -of -Way of the New Jersey, Indiana and Illinois Railroad Company; thence N 21 44'W a distance of 40.00 feet along said Westerly Right -of -Way; thence along said Right -of -Way Northwesterly 371.89 feet along an arc to the left having a radius of 469.15 feet and subtended by a long chord having a bearing of N 44 26'3011W and a length of 362.22 feet; thence N 0 O3'E a distance of 19.2 feet to the Easterly Right -of -Way of said railroad spur; thence along said Right -of -Way Southeasterly 386.19 feet along an arc to the right having a radius of 487.15 feet and subtended by a long chord having a bearing of S 44 26'35 "E and a length of 376.15 feet; thence S 21 441E a distance of 47.18 feet; thence N 90 001W a distance of 19.38 feet to the point of beginning. Commonly known as 3602 West Sample Street, South Bend, Indiana 46619. 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 personal 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 personal property tax deduction for a period of five (5) 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 were expanding their stainless steel fabrication facility from southwestern Michigan to South Bend. Council Member Voorde made a motion to adopt Resolution No. 1577 -87, seconded by Council Member Zakrzewski. The resolution was adopted by a roll call vote of nine ayes. Council Member Voorde made a motion to adopt Resolution No. 1578 -87, seconded by Council Member Zakrzewski. The resolution was adopted by a roll call vote of nine ayes. Council Member made a motion to combine public hearing on the next two resolutions, seconded by Council Member . The motion carried. Council Member Beck made a motion to combine public hearing on the next two resolutions, seconded by Council Member Taylor. The motion carried. RESOLUTION NO. 1579 -87 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND COMMONLY KNOWN AS 4221 TECHNOLOGY DRIVE, 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 4221 Technology Dr. and which is more particularly described as follows: Lot 10, Plat of Landmark Business Park, Section 4 -Part 1 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