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Bill No. <br /> RESOLUTION NO. <br /> A RESOLUTION OF THE COMMON COUNCIL OF <br /> THE CITY OF SOUTH BEND,INDIANA,WAIVING NONCOMPLIANCE WITH <br /> TAX ABATEMENT PROCEDURES FOR REAL PROPERTY COMMONLY <br /> KNOWN AS <br /> 1902 WEST SAMPLE STREET, SOUTH BEND,INDIANA <br /> FOR <br /> VIDA REALTY, LLC <br /> WHEREAS,the Common Council of the City of South Bend, Indiana(the"Common <br /> Council") at its meeting held on the 28th day of April, 2014 adopted its Confirming Resolution <br /> No. 4350-14 (the "Confirming Resolution") confirming the designation of a certain area within <br /> the City of South Bend, Indiana(the"City"), commonly known as 1902 West Sample Street, <br /> South Bend, Indiana(the "Real Property")pursuant to Indiana Code 6-1.1-12.1 (the "Act"), as an <br /> Economic Revitalization Area for the purposes of granting a two (2) year tax abatement for real <br /> property to Vida Realty,LLC, an Indiana Limited Liability Company (the "Company"); and <br /> WHEREAS,the Real Property was more particularly described as follows: <br /> Beg. 603.53' E of Inter of <br /> E Right of Way of Olive Street& <br /> N Right of Way of Western Avenue <br /> W 1/2 NE 1/4 Sec 10-37-2E <br /> Cont Approx 6.622 Act+- <br /> and which has Key Number 018-4096-35810. <br /> WHEREAS,the Common Council determined that the Company qualified for and the <br /> Common Council granted a real property tax abatement for the period of two (2) years as <br /> provided in the alternate abatement schedule pursuant to Section 17 of the Act; and <br /> WHEREAS,the Company inadvertently failed to file Form 322NBD for 2015 and 2016 <br /> and Form CF-INBD for 2015 and 2016; and <br /> 1 <br />