Designating Beacon Heights Housing Area to be an Urban Development Area for purposes of Real Property Tax Abatement Consideration

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RESOLUTION NO. 90 2 - �-o A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, COMMONLY KNOWN AS BEACON HEIGHTS HOUSING AREA TO BE AN URBAN DEVELOPMENT AREA FOR PURPOSES OF REAL PROPERTY TAX ABATEMENT AND A DETERMINATION OF THE PUBLIC UTILITY AND BENEFIT OF THE PROJECT PROPOSED FOR TAX ABATEMENT CONSIDERATION WHEREAS, the Common Council of the City of South Bend has adopted a Declaratory Resolution designating certain areas within the City as Urban Development Areas for purposes of tax abatement consideration; and WHEREAS, a Declaratory Resolution designating the area commonly known as BEACON HEIGHTS HOUSING AREA and more particularly described by a line drawn as follows: A part of the Northeast Quarter of Section No. 4, in Township No. 37 North, Range No. 2 East, lying and being in the City of South Bend,and described as follows, viz: PARCEL I: Beginning at a point measured North 64 degrees 3 minutes East 1013.70 feet along the center of Crumstown Road from the center of Section 4, Township 37 North, Range 2 East and 500 feet north of the center line of said Crumstown Road, said point being in the Westerly boundary of land now or formerly of Edward Krill hereinafter described as Parcel II; running thence in a Westwardly direction a distance of 720 feet to a point; thence in a Northwardly direction at right angles to the last mentioned course a distance of 1237.89 feet to a point in a 16.5 foot alley; thence in an Eastwardly direction at right angles to the last mentioned course a distance of 122.44 feet to a point; thence in a Southwardly direction at right angles to the last mentioned course a distance of 140.34 feet to a point; thence in an Eastwardly direction at right angles to the last mentioned course a distance of 597.56 feet to a point; thence in a South - wardly direction at right angles to the last mentioned course a distance of 634.55 feet to a point being the Northwesterly corner of land now or formerly of Edward Krill hereinafter described as Parcel II; thence continuing in a Southwardly direction along the Westerly boundary of said Parcel II a distance of 463 feet to the point or place of beginning; together with all rights, title and interest of the present owner of the land herein described in and to all streets and alleys adjoining said land. PARCEL II. Beginning at a point measured North 64 degrees 3 minutes East 1013.70 feet along the center of Crumstown Road from the center of Section 4, Township 37 North, Range 2 East,said point being the Southeasterly corner of land now or formerly of the Bendix Aviation Corporation; running thence in a Northwardly direction along the Easterly boundary of said land of the Bendix Aviation Corporation a distance of 500 feet to a point being the Southeasterly corner of other land of said Aviation Corporation, hereinbefore described as Parcel I; thence continuing in a North - wardly direction along the Easterly boundary of said Parcel I a distance of 463 feet to a point; thence in an Eastwardly direction at right angles to the last mentioned course a distance of 768 feet to a point; thence in a Southwardly direction at right angles to the last mentioned course a distance of 630 feet to a point in the center line of Crumstown Road; thence in a Southwestwardly