HomeMy Public PortalAbout09-2006-9 RESOLUTION NO. 2006-9 SCANNED
A RESOLUTION DECLARING AN ECONOMIC REVITALIZATION AREA
(FB DISTRO DISTRIBUTION CENTER, LLC)
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 real property
as defined in I.C.6-1.1-12.1-3 and a deduction for logistical distribution and information technology
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:
Described as Parcel 1 of Exhibit A in a Special Warranty Deed recorded as document
number 2004007435 in the Putnam County Recorder's Office.
Situate in the State of Indiana,County of Putnam and being a part of Sections 13 and
14, Township 14 North, Range 4 West of the Second Principal Meridian, more
particularly described, to-wit:
Commencing at a rebar marking the Southeast corner of Section 14, Township 14
North Range 4 West;thence North 01 degree 20 minutes 30 seconds East 112.90 feet
with the East line of said Section 14 to a railroad spike on the North right-of-way of
Indiana State Road#240 as described in Right-of-Way Grant Book 1,page 118 in the
Office of the Recorder of Putnam County, Indiana and the true point of beginning of
the real estate herein described;thence with the North right-of-way South 46 degrees
25 minutes 23 seconds West 53.81 feet to a rebar; thence Westerly 425.62 feet on a
curve to the left having a radius of 28,697.90 feet and subtended by a long cord
bearing North 89 degrees 06 minutes 31 seconds West a distance of 425.61 feet to a
rebar;thence North 89 degrees 32 minutes 00 seconds West 1269.15 feet to a rebar;
thence leavings said North right-of-way North 00 degrees 03 minutes 46 seconds East
653.89 feet to a rebar on the South right-of-way line of County Road 200 East;thence
North 63 degrees 15 minutes 10 seconds East 118.72 feet with said South right-of-
way;thence South 26 degrees 46 minutes East 88.07 feet with a chain link fence, as
�'` shown on the survey dated October 13, 1987, and the Northerly extension thereof to
a 4 inch diameter steel fence post; thence with said fence line South 66 degrees 15
minutes East 43.85 feet to a 2 inch diameter steel fence post;thence South 89 degrees
09 minutes East 226.21 feet to a 3 inch diameter steel fence post; thence South 01
degree 11 minutes West 56.75 feet to a rebar;thence leaving the aforesaid fence line
South 89 degrees 10 minutes East 472.06 feet with the North face of a building and
the Westerly extension thereof to a drill hole in concrete,thence North 00 degrees 35
minutes West 68.34 feet to a rebar at the Southwest corner of a building;thence North
89 degrees 19 minutes West 43.91 feet to a rebar;thence North 01 degree 21 minutes
East 172.64 feet to a rebar; thence North 59 degrees 03 minutes East 13.31 feet to a
rebar;thence North 46 degrees 04 minutes East 65.12 feet to a rebar;thence North 21
degrees 51 minutes East 28.98 feet to a rebar; thence North 89 degrees 41 minutes
East 106.72 feet to a rebar; thence South 00 degrees 51 minutes West 114.90 feet to
a drill hole in concrete;thence South 10 degrees 34 minutes West 31.30 feet to a drill
hole in concrete;thence South 00 degrees 50 minutes West 203.72 feet with the East
face of a building and the Northerly extension thereof to a drill hole in concrete;
thence South 89 degrees 13 minutes East 234.13 feet with the North face of said
building and the Easterly extension thereof to a rebar at the West face of said
building; thence North 00 degrees 48 minutes East 55.49 feet with said West face to
a drill hole in concrete;thence South 89 degrees 10 minutes East 205.13 feet to a drill
hole in concrete;thence North 00 degrees 52 minutes East 824.89 feet with the West
face of said building and the Northerly extension thereof to a rebar on the aforesaid
South right-of-way;thence with said South right-of-way North 63 degrees 15 minutes
10 seconds East 245.10 feet to a rebar; thence Northeasterly 90.02 feet on a curve to
the left having a radius of 237.00 feet and subtended by a long chord bearing North
52 degrees 22 minutes East a distance of 89.48 feet to a rebar; thence leaving said
South right-of-way South 48 degrees 30 minutes 38 seconds East 24.65 feet to a rebar
on the South line of real estate conveyed to the City of Greencastle as described in a
deed recorded in Deed Record 191,page 272 in the Office of the Recorder of Putnam
County, Indiana; thence North 63 degrees 15 minutes 10 seconds East 2059.82 feet
with said South line to a rebar; thence South 2565.42 feet to a rebar on the North
right-of-way of the aforesaid Indiana State Road#240; thence with said North right-
of-way North 89 degrees 38 minutes 44 seconds West 62.29 feet to a rebar; thence
Westerly 222.92 feet on a curve tot he left having a radius of 4633.67 feet and
subtended by a long chord bearing North 86 degrees 00 minutes 16 seconds West a
distance of 222.90 feet to a rebar; thence North87 degrees 23 minutes 00 seconds
West 979.40 feet to a rebar;thence Westerly 551.16 feet on a curve to the left having
a radius of 28,697.90 feet and subtended by a long chord bearing North 87 degrees
56 minutes 01 second West a distance of 551.15 feet to a rebar; thence North 45
degrees 02 minutes 48 seconds West 51.20 feet to a rebar; thence North 82 degrees
15 minutes 34 seconds West 15.16 feet to the true point of beginning.
Also commonly known as 1901 East State Road 240.
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,Putnam County, 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, and new investment by existing industry,it is imperative that such City offer
to prospective new industries locating in and existing industries investing in the above-described
area up to the 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 Putnam 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 received
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 13th day of June, 2006.
COMMON COUNCIL OF THE CITY OF GREENCASTLE, INDIANA
R vans May c N. ammer
J A. Lank Robert P. Sedlack
Thomas W. Roach
Approved and signed by me this 13th day of June, 2006 at p.m. o'clock.
� Q �
Nancy A. 'chael, Mayor
ATT T:
eresa P. Glenn, Clerk-Treasurer