HomeMy Public PortalAbout11-1997-11 RESOLUTION NO. 1997-11
A RESOLUTION DECLARING AN ECONOMIC REVITALIZATION AREA
(HEARTLAND AUTOMOTIVE, INC.)
WHEREAS, the Common Council of the City of Greencastle, Indiana, has
determined that it would be in the best interest of the citizens of Greencastle, Indiana, if such
Common Council defined and declared a certain area within such City as an economic
revitalization area; and
WHEREAS, I.C. 6-1.1-12.1-1 to I.C. 6-1.1-12.1-2.5 defines the procedure for
establishing such an economic revitalization area; and
WHEREAS, the Common Council desires to make available to persons owning
property in such economic revitalization area the right to a deduction from the assessed value
of property as defined in I.C. 6-1.1-12.1-3 and a deduction for manufacturing equipment as
defined in I.C. 6-1.1-12.1-4.5.
NOW THEREFORE BE IT RESOLVED by the Common Council of the City of
Greencastle, Indiana, as follows:
1. That this Common Council hereby declares by description the boundaries of the
area to be declared herein to be an economic revitalization area as follows:
A part of the East half of the North East quarter of Section 22, Township 14 North,
Range 4 West of the Second Principal Meridian in Putnam County, State of Indiana, more
particularly described, to-wit: Beginning at a point of the East line of the North East quarter
of Section 22, Township 14 North, Range 4 West, which point is North 0 degrees 04
minutes West 618.02 feet of the South East corner of the aforesaid Northeast quarter; thence
South 89 degrees 56 minutes West 600.00 feet; thence North 0 degrees 04 minutes West
543.05 feet to the South right-of-way line of the Penn-Central Railroad; thence North 62
degrees 50 minutes East 347.55 feet with said South right-of-way line; thence South 0
degrees 04 minutes East 150.00 feet; thence North 62 degrees 50 minutes East 326.40 feet to
the East line of said Section 22; thence South 0 degrees 04 minutes East 700.00 feet to the
point of beginning, containing 8.593 acres, more or less.
ALSO:
Part of the Northeast Quarter of Section 22, Township 14 North, Range 4 West,
described as follows:
Beginning at a point on the East line of said quarter, which is 19.97 chains North of
the Southeast corner thereof; thence North 150 feet to the South right of way line of the
Pennsylvania Railroad; thence along said right of way line South 62-5/6 degrees West 326.4
feet; thence South 150 feet; thence North 62-5/6 degrees East 326.4 feet to the place of
beginning, containing 1 acre, more or less.
ALSO:
Part of the Southeast quarter of the Northeast quarter and a part of the Northeast
quarter of the Southeast quarter all in Section 22, Township 14 North, Range 4 West of the
Second Principal Meridian, more particularly described, to-wit:
Commencing at the Northeast corner of the East half of the Southeast quarter of
Section 22, Township 14 North, Range 4 West; thence South 00 degrees 04 minutes East
401.98 feet with the East line of said East half quarter; thence South 89 degrees 56 minutes
West 600.00 feet to an iron pin and the true point of beginning of the real estate herein
described; thence Northwesterly 167.06 feet on a non-tangent curve to the right having a
radius of 375.00 feet and subtended by a long chord bearing North 86 degrees 19 minutes
West a distance of 165.68 feet to an iron pin; thence North 60 degrees 00 minutes West
470.00 feet to an iron pin; thence South 30 degrees 00 minutes West 60.00 feet to an iron
pin; thence North 70 degrees 00 minutes West 130.00 feet to the West line of the aforesaid
East half quarter at a point 825 feet North of an established property line on the South side
of a 30 acre tract; thence North 00 degrees 08 minutes West 955.61 feet with said West line
and the West line of the East half of the Northeast quarter of Section 22 to the South right-
of-way line of the abandoned Conrail Railroad; thence North 62 degrees 55 minutes East
814.14 feet with said South right-of-way line to a point 600.00 feet West of the East line of
said Section 22; thence South 00 degrees 04 minutes East 1564.46 feet to the point of
beginning, containing 21.00 acres, more or less.
EXCEPT THEREFROM:
Part of the East half of the Northeast quarter in Section Twenty-Two (22), Township
,.� Fourteen (14) North, Range Four (4) West of the Second Principal Meridian, more
particularly described, as follows:
Commencing at the Northeast corner of the East half of the Southeast quarter of
Section Twenty-Two (22), Township Fourteen (14) North, Range Four (4) West; thence
South 00 degrees 04 minutes East 401.98 feet with the East line of said East half quarter;
thence South 89 degrees 56 minutes West 600.00 feet to an iron pin; thence Northwesterly
•167.06 feet on a non-tangent curve to the right having a radius of 375.00 feet and subtended
by a long chord bearing North 86 degrees 19 minutes West a distance of 165.68 feet to an
iron pin; thence North 60 degrees 00 minutes West 470.00 feet to an iron pin; thence South
30 degrees 00 minutes West 60.00 feet to an iron pin; thence North 70 degrees 00 minutes
West 130.00 feet to the West line of the aforesaid East half quarter at a point 825 feet North
of an established property line on the South side of a 30 acre tract; thence North 00 degrees
08 minutes West 955.61 feet with said West line and the West line of the East half of the
Northeast quarter of Section 22 to the South right-of-way line of the abandoned Conrail
Railroad (the foregoing portion of this description is taken from Deed Record 186, page 484.
The lands owned by the Conrail Railroad are now owned by the City of Greencastle) and the
POINT OF BEGINNING of this description; thence North 63 degrees 15 minutes 06 seconds
East 1469.03 feet along said south right-of-way line to the west boundary of Round Barn
Road; thence South 00 degrees 27 minutes 19 seconds West 255.30 feet along said west
boundary; thence North 05 degrees 15 minutes 19 seconds West 100.50 feet; thence North
00 degrees 27 minutes 19 seconds East 105.00 feet; thence North 52 degrees 11 minutes 20
seconds West 36.51 feet; thence South 63 degrees 13 minutes 38 seconds West 290.00 feet;
thence South 62 degrees 16 minutes 21 seconds West 300.04 feet; thence South 66 degrees
05 minutes 23 seconds West 100.12 feet; thence South 63 degrees 13 minutes 38 seconds
West 735.43 feet to the aforesaid west line of the east half of the Northeast quarter; thence
North 00 degrees 13 minutes 18 seconds East 8.75 feet along said west line to the point of
beginning and containing 0.332 acres, more or less. All bearings in this description which
are not taken from previous instruments are based on the bearing system for State Highway
Project M-Q108 (1).
2. That the above described real estate is deemed by the Common Council of the
City of Greencastle to be an economic revitalization area within the corporate limits of the
City of Greencastle, Indiana, which has become obsolete and not lending itself to normal
development because of the availability of other development ground within the City which is
qualified for tax abatement and because of a cessation or lack of growth in the general area
which is anticipated to lead to the deterioration of the area and continued stagnation of
employment within the City of Greencastle if said area is not utilized as an area to promote
industrial expansion for the City of Greencastle.
3. That in order to be competitive in attracting new industrial prospects to the City of
Greencastle, Indiana, it is imperative that such City offer to prospective new industries
locating in the above-described area maximum tax abatement as allowed by law.
4. That the Common Council now RESOLVES that the above-designated area shall
be declared an economic revitalization area under the terms and provisions of I.C. 6-1.1-
12.1-2.5.
5. That this Resolution shall be published pursuant to the provisions of I.C. 5-3-1
and a copy of this Resolution shall be provided to the County Assessor's Office for
inspection therein.
6. That after due publication, a public hearing shall be held at the time set forth in
the public notice notifying of the passage of this Resolution at which time, this Common
Council shall receive and hear all remonstrances and objections; determine whether or not
the qualifications for an economic revitalization area have been met; and take final action
upon this Resolution.
PASSED AND RESOLVED by the Common Council of the City of Greencastle at its
regular meeting this /7672iay of March, 1997.
COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA
.2i4(„ c00,14 Acts-1-ek,
Thomas W. Roach David Masten
/1
M rk N. Hammer Barry B nard�
ie Green
Approved and signed by me this/ 'day of (7)7U�// , 1997 at Co clock
.m.
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Nancy A. Michael, Mayor
ATTEST:
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Pamela S. Jones, Clerk-T asurer
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