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RESOLUTION NO. ~ o~---05 <br />A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS <br />WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br />KNOWN AS <br />VACANT LAND IMMEDIATELY BEHIND 2630 PRAIRIE AVENUE <br />(PRAIRIE APARTMENTS -PHASE II) <br />AS AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A (10) TEN-YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />PRAIRIE APARTMENTS HOUSING PARTNERS II, L.P. <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has <br />adopted a Declaratory Resolution designating certain areas within the City as Economic <br />Revitalization Areas for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as <br />Vacant Land Immediately Behind 2630 Prairie Avenue (Prairie Apartments -Phase II), <br />South Bend, Indiana, and which is more particularly described as follows: <br />Outlot B Hollingsworth Prairie Avenue, Minor Subdivision, Instr. #0654912 <br />and which has Key Number 018-8153-5514.05, as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; <br />and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrance's and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of <br />South Bend, Indiana, as follows: <br />