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RESOLUTION NO. W '3 -11 <br /> A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br /> RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br /> SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br /> 3333 N Kenmore St, South Bend, IN 46628 <br /> AS AN ECONOMIC REVITALIZATION AREA FOR <br /> PURPOSES OF A SEVEN (7) YEAR REAL <br /> PROPERTY TAX ABATEMENT FOR <br /> Tri-Pac, Inc. <br /> WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br /> Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas <br /> for the purpose of tax abatement consideration; and <br /> WHEREAS, a Declaratory Resolution designated the area commonly known as 3333 N <br /> Kenmore St, South Bend, in 46628 described as follows: <br /> 466.42'X452'BEG 821.42'W NE COR SEC 28-38-2E 5AC <br /> 391.24'X 452' NE OF DRAINAGE COURSE SEC 28-38-2e 4.064 AC <br /> and which has Key Numbers 025-1010-038504 and 025-1010-038505, respectively, and be <br /> designated as an Economic Revitalization Area; and <br /> WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br /> before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and <br /> WHEREAS, the Council held a public hearing for the purposes of hearing all <br /> remonstrances 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 South <br /> Bend, Indiana, as follows: <br /> SECTION I. The Common Council hereby confirms its Declaratory Resolution designating the <br /> area described herein as an Economic Revitalization Area for the purposes of tax abatement. Such <br /> designation is for real property tax abatement only and is limited to two (2) calendar years from <br />