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HomeMy WebLinkAbout1991-R-10 RESOLUTION NO. ~-R-._~._ A RESOLUTION DESIGNATING CERTAIN AREAS WITH THE CITY OF JEFFERSONVILLE, INDIANA, AS "ECONOMIC REVITALIZATION AREAS" WHEREAS, it has been requested that certain areas within the City of jeffersonville, Indiana, be designated as an economic revitalization area pursuant to I.C. 6-1.1-12.1 et seq.; and, WHEREAS, the Common Council of the City of jeffersonville, recognizes the need to stimulate growth and to a sound economy within the City of jeffersonville; Indiana, maintain and, WHEREAS, certain areas of the City are undesirable for, or impossible of, normal development and occupancy because of a lack of development, cessation of growth, deterioration of improvements or character of occupancy, age, obsolescence, substandard buildings or other factors which have impaired values or prevented a normal development of property or use of property; and, WHEREAS, the Common Council of the City of jeffersonville further recognizes that incentives to locate development in these under-utilized areas would be in the City's best interest; and, further certain economic WHEREAS, the Common Council of the City of Jeffersonville recognizes that it would be beneficial to designate areas within the City that presently qualify as revitalization areas for the ultimate purpose of granting deductions against the assessed value of property for real property taxation purposes; and, WHEREAS, the Common Council of the City is vested with the authority to designate certain areas of the City to be economic revitalization areas; NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of jeffersonville, Indiana, that: The following area be declared and designated as an economic revitalization area: Being a part of Survey'No' 5~ of'~he Illinois Grant in Clark County, indiana, and being'also a part of the property conveyed to F & B Partners as described by deed recorded in Deed Drawer 21, Instrument No. 15,044 ; said part being more particularly described as follows: Commencing at an iron pin on the common corner of Illinois Srant Surveys No. 35 and No. 54 and in the line of Survey No. 47, also being in 'the centerline of Coopers Lane, thence South 50 degrees West along the line dividing Surveys No. 5~ and No. 47 and along said centerllne 259.06 feet to a railroad spike in the Eastern right of way line of the railroad~ thence South 05 degrees, 56 minutes, West along said railroad right of way Sine 627.48 feet to an iron fence ' 'n Eastern right of way of the post, thence contlnul g with the railroad, South 05 degrees, ~5 minutes, 42 seconds West 268~.42 feet to a stone, thence departing the railroad right of way. and with the~nort~~est li~ of Anderson (Deed Book 289, P~ge 558) North 49 de, tees, ~ minutes~ 09 seconds East 646.56 feet to a point, thence with the not,east line of Anderson, South 55 degrees, 25 minutes, O0 seconds East 622.77 feet to the true point of beginning of the tract being herein described, thence North 56 degrees, 40 minutes, 45 seconds East 458.15 ~eet to a point, thence North 88 degrees, Ol minutes,~ 50 seconds East 624.58 feet to s point in Hambt~r~ Pike, thence with Hamburg Pike, South 00 degrees~ ~2 minutes, 06 seconds East 484.60 feet to'a point, thence ~ departing Hamburg Piker and with a line common to pfau (Deed Drawer 8, Instrument No. 15,217) South 89 degrees, 16 . minutes, 24 seconds West 685.4.1 feet to a stone, thence with another line common to Pfau, North ~5 degrees, 27 minutes, 20 seconds West 97.8& 'feet to a stone,i'thence with a line common to Anderson (Deed Book 289, Page ~58), North 53 degrees, 25 minutes, O0 seconds West 290.00 feet to the true point of beginning, containing 9.000 acres, more or less, and being subject to the right of waylof H~mbu~g Pike. Pursuant to the provisions Of Indiana law, this area hereby designated by the common Council of the City jeffersonville as an Economic Revitalization Area. Passed and adopted this ~ day of ~, 1991, by the Common Clark County, Indiana. is Council of the City of jeffersonville, PRESIDENT, COMMON COUNCIL ATTEST: Presented by me as City of jeffersonville, ~. , 1991. Approved and signed , 1991. Clerk-Treasurer to the Mayor of the Indiana, this ~ day of c. by me this day of MAYOR DALE L. OREM