Designating 2222 W. Washington as an Urban Develompent Area for the puposes of Tax Abatement Consideration

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RESOLUTION NO. _<6 Q q - �o RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY, COMMONLY KNOWN AS 2222 W. WASHINGTON, AS AN URBAN DEVELOP- MENT AREA FOR THE PURPOSES OF TAX ABATEMENT CONSIDERATION WHEREAS, a Petition for Real Property Tax Abatement Consid- eration has been filed with the Common Council of the City of South Bend pursuant to Section 2 -76(a) of the Municipal Code requesting that the area commonly known as Merry Avenue Project and which more particularly described by a line drawn as follows: A parcel of land in the Northeast Quarter of Section 10, Township 37 North, Range 2 East, known as Arnold's First Addition (lots 1 -44, Vacated Alleys and Streets) to the City of South Bend, St. Joseph County, Indiana more part- icularly described as follows: Beginning at the intersection of the West right -of -way line of Grant Street and the South line of West Washington Avenue; thence S 0° 03' 08" W a distance of 514.92 feet to the intersection of the North right -of -way line of the Penn Central Railroad; thence N 64° 39' 26" W on and along the North right -of -way line of said ralroad a distance of 1194.77 feet to the intersection of the North right -of -way line of said railroad and the East right -of -way line of Olive Street; thence N 82° 43' 43" E a distance of 74.33 feet to a point on the South right -of -way line of Washington Avenue West; thence S 890 39' 53" E on and along the South right -of -way of said avenue a distance of 1006.55 feet to the place of beginning containing (283,072 sq. ft.) 6.50 acres more or less subject to all legal easements. EXCEPTING: A parcel of land beginning at a point on the Southeast corner of Lot No. 44 in Arnold's First Addition to the City of South Bend; thence North 514', more or less, to the Northeast corner of Lot No. 1 in said Addition; thence West 200', more or less, to the Northwest corner of Lot No. 5 in said Addition; the South 424', more or less, to the Northwest corner of Lot No. 43 in said Addition; then Southeast a distance of 204.7', more or less, to the place of beginning. be designated as an Urban Development Area under the provisions of Indiana Code 6- 1.1- 11.1 -1 and that the public utility and benefit of the project be determined; and WHEREAS, the Redevelopment Commission has conducted an investigation pursuant to Section 2 -77 of the Municipal Code and prepared a report determining that the area qualifies as an Urban Development Area under Indiana Code 6- 1.1- 12.1 -1 and has further prepared maps and plats showing the boundaries and such other information as required by law of the area in question; and WHEREAS, the Human Resources and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an Urban Development Area.