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1999-R-14
A RESOLUTION CONFIRMING THE DESIGNATION OF A CERTAIN AREA OF THE CITY OF JEFFERSONVILLE, INDIANA AS AN "ECONOMIC REVITALIZATION AREA" WHEREAS, on March 15, 1999 by Resolution No. 99-R-10, the Common Council of the City gave initial approval for the designation of a certain area within the City of Jeffersonville, Indiana, hereinafter (the "City") as an economic revitalization area pursuant to I.C. 6-1.1-12.1 through I.C. 6-1.1-12.1-12; and WHEREAS, the Common Council of the City of Jeffersonville, Indiana recognizes the need to stimulate growth and to maintain a sound economy within the City; and WHEREAS, this area is located within the corporate limits of the City on Brown Forman Road just east of Utica-Sellersburg Road. Said area has, for a number of years, been undesirable for normal development and occupancy because of the lack of development, cessation of growth, along with other factors which have impaired values or prevented normal development or use of the property. The specific land area for which the economic revitalization area designation is sought is undeveloped land which has been for sale for a number of years; and WHEREAS, the Common Council of the City recognizes that providing incentives to local development in underutilized or distressed areas would be in the City's best interest; and WHEREAS, the Common Council of the City further recognizes that it would be beneficial to designate a certain qualified area within the City as an economic revitalization; 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: 1. A public hearing has been held with regard to the requested designation of the area described herein as an Economic Revitalization area, namely Bridgeport Business Centre, (see attached survey identified as Exhibit A). 2. That pursuant to the provisions of Indiana law, this area is hereby designated by the Common Council of the City as an Economic Revitalization Area. ,199_.~_ by the Common Council of the City, Clark County, Indiana. ~Galliga~~ Presiding Officer ATTEST: C. F~c~ard Spencer,~r. ~// ' Clerk and Treasurer' of /~7~resented by me as Clerk and Treasurer to the Mayer of said City this ,~,/ , 199_~_.. Approved and signed by me this ~ day of ~. ~z",_* ~., 199~_. k T~o~as R. Galligan, aye/' LEGAL DESCRIPTION KOETTER DEVELOPMENT INC. AND ELLINGSWORTH 110.884 ACRES A part of Survey #I4 and 15 of the Illinois Grant, City of Jeffersonville, Clark County, lndiana, described as follows: Beginning at a 8"x16" stone at the South corner of Survey #15, Thence N 39°57'46" W, a distance of 2373.84 feet along the Survey iine to a 5/8" rebar THE TRUE POINT OF BEGINNING, Thence S 50°16'36" W, a distance of 1309.45 feet to a 3"x9" stone, Thence S 50°18'17" W, a distance of 379.63 feet to a 5/8" rebar, Thence N 39027'20'' W, a distance of 1036.55 feet partially along Sellersburg-Utica Road to a MAG nail, Thence N 50°27'18'' E, a distance of 87.94 feet to a MAG nail, Thence N 45°16'34'' E, a distance of 505.50 feet partially along said roadway to a MAG nail, Thence S 39<'57'46'' E, a distance of 520.57 feet to a 5/8" rebar, Tt~ence N 50°02'14" E, a distance of 1068.19 feet to a 5/8" rebar, Thence N .~9 57 46 W, a distance of.~47. I 1 feet to a 5/8" rebar, Thence N 49057'28'' E, a distance of 20.00 feet to a 5/8" rebar, Thence N 39°57'46" W, a distance of 744.90 feet partially along said roadway to MAG nail, a Thence N 51 °07'33" E, a distance of 1162.23 feet along Bro~vn Forman Road to a point, Thence N 46°29'32'' E, a distance o£47.25 feet along said roadway to a point, Thence N 32°i 9'19" E, a distance of 47.70 feet along said roadway to a point, Thence N 16°43'06" E, a distance of 31.21 feet along said roadway to a point, ThenceN I?© -' -" ' - 0.~ 3.~ E, a distance of 82.16 feet along said roadway to a point, Thence N 13°13'12" E, a distance of 92.26 feet along said roadway to a point, Thence N 25016'40'. E, a distance of 78.40 feet along said roadway to a point, Thence N 40048'04" E, a distance of 39.32 feet along said roadway to a point, Thence N 50°00'00'' E, a distance of 374.71 feet partially along said roadway to a 5/8" rebar, Thence S 39°00'00" E, a distance of 2022.90 feet partially along said roadway to a raih'oad spike, Thence S 50°17'39" W, a distance of 1870. I0 feet to TIlE TRUE POINT OF BEGINNING, Containing 110.884 acres.