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REGULAR MEETING OCTOBER 11, 2010 <br /> <br /> <br /> <br />BILLS – THIRD READING <br />There were no bills for Third Reading at this time. <br /> <br /> <br />RESOLUTIONS <br /> <br />RESOLUTION NO. 4054-10 A RESOLUTION CONFIRMING THE <br /> ADOPTION OF A DECLARATORY <br /> RESOLUTION DESIGNATING CERTAIN <br /> AREAS WITHIN THE CITY OF SOUTH BEND, <br /> INDIANA, COMMONLY KNOWN AS 1400 <br /> WEST RIVERSIDE DRIVE TO BE AN <br /> ECONOMIC REVITALIZATION AREA FOR <br /> PURPOSES OF A FIVE (5) YEAR PERSONAL <br /> PROPERTY TAX ABATEMENT FOR STEEL <br /> WAREHOUSE COMPANY, LLC AND <br /> AFFILIATES AND EQUIPMENT LESSORS <br /> <br /> <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 /> <br />WHEREAS, a Declaratory Resolution designated the area commonly known as <br />1400 West Riverside Drive, South Bend, Indiana, and which is more particularly <br />described as follows: <br /> <br /> <br />Beginning at the Southeast corner of the Southwest ¼ of said, section 35; thence <br />South 89 49’ 52” West (bearing assumed) along the South line of said section, <br />308.97 feet; thence North 89 55’ 00” West, 116.24 feet; thence North 00 00’ 27” <br />West, 12.00 feet to the North line of a 12 foot alley; thence North 89 55’ 00” West <br />along said North line of alley; the East line of Kessler Boulevard, 128.00 feet <br />South 89 55’ 18” East of the Northeast addition to the City of South Bend <br />recorded April 6, 1906 in the Plat Book 0, pages 30 and 31; thence South 89 55’ <br />18” East along the South line of King Street, 352.84 feet; thence North 00 00’ 27” <br />West, 194.85 feet to a point the centerline of the East and West 14 foot alley <br />between King Street and McCartney Street produced East; thence North 00 06’ <br />09” East, 128.81 feet; thence North 89 46’ 49” East 287.05 feet to the Westerly <br />line of Riverside Drive; thence South 16 37’15” West along a chord subtending <br />said Westerly line of Riverside Drive, 455.43 feet to the South line said section <br />35; thence North 90 00’ 00” West along said South line, 156.71 feet to the point <br />of the beginning. <br /> <br /> Commencing at the Southeast corner of the ¼ of said section 35; thence North 00 <br />00’ 30” West (bearing assumed) along the East line of said Southwest ¼ a <br />distance of 463.14 feet to the Point of Beginning for the following described tract; <br />thence continuing North 00 00’ 30” West along said East line 336.00 feet to the <br />South line of Queen Street; thence South 89 56’ 09” West along said South line of <br />Queen Street 176.60 feet, thence North 00 02’ 36” Est. 195.00 feet to the <br />centerline of the East and West 14 foot alley between Kinyon Street and Queen <br />Street; thence South 89 56’ 09” West along said centerline of alley, 131.27 feet; <br />thence South 00 06’ 09” West along the East line of Lot 145 in the Third Plot of <br />Northwest Addition recorded March 7, 1907 in Plat Book 9, page 60 in the Office <br />of the St. Joseph County Recorder and its Northerly and Southerly extensions, <br />195.00 feet to the South line of Queen Street; thence South 89 56’ 09” West along <br />Allen Street; thence South 00 05’ 51” West along said East line of Allen Street, <br />329.87 feet to the South line of McCartney Street; thence South 89 58’ 27” East <br />along said South line of McCartney Street, 12.91 feet; thence South 00 06’ 09” <br />West 6.11 feet; thence North 89 56’ 09” East 308.71 feet to the Point of <br />Beginning. <br /> <br /> 5 <br /> <br />