Designating the Southwestern Portion of the City as an Urban Development Area for puposes of Tax Abatement

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RESOLUTION NO. &1_$0 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND, INDIANA, DESIGNATING CERTAIN AREAS WITHIN THE CITY COMMONLY KNOWN AS A PARCEL OF LAND IN THE SOUTHWESTERN PORTION OF THE CITY AS AN URBAN DEVELOPMENT AREA FOR PURPOSES OF TAX ABATE- MENT CONSIDERATION WHEREAS, a petition for real property tax abatement consideration has been filed with the Common Council of the City of South Bend pursuant to Chapter 2, Article 6, Section 2 -76(a) of the Municipal Code requesting that the area commonly known as: A Parcel of Land in the Southwestern Portion of the City, . and which more particularly described by a line drawn as follows: PARCEL I. A parcel of property in St. Joseph County, Indiana, Section 16, Township 37 North, Range 2 East including the east one -half of the northeast one - quarter of the southwest one - quarter of Section 16 and the north one -half of the southeast one - quarter of Section 16, EXCEPTING therefrom a certain tract of land described as beginning at the northeast corner of the southwest quarter of said Section 16; thence south 33 feet, thence west 16 feet; thence south parallel with the east line of said Section 16 367 feet, thence west parallel with the centerline of said Section 16, to the east line of the right -of -way of the New Jersey, Indiana and Illinois Railroad Company as the same has been and is now located; thence northeasterly along the easterly line of said right -of -way to the east and west centerline of said Section 16; thence along said centerline of said Section 16 to the east line thereof and the place of beginning containing 27.017 acres, more or less, and conveyed to the New Jersey, Indiana and Illinois Railroad Company be deeds recorded respectively in Deed Record 164, Page 140 and Deed Record 193, Page 191, of the records of St. Joseph County, Indiana; AND ALSO EXCEPTING, therefrom the right -of -way of the New Jersey, Indiana and Illinois Railroad Company and the Penn Central Railroad, now known as Conrail. Subject to all legal highways, the total parcel containing 70 acres, more or less, 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 determing that the area heretofore described did qualify as an Urban Development Area under Indiana Code 6- 1.1- 12.1 -1; and that the Commission has prepared maps and plats showing the coundaries and such other information as required by law of the L area in question; and