Designating Tax Abatement - 1016 Notre Dame Ave. (J. Nicholas & Diane Entrikin 5yr.Real)

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RESOLUTION NO. ~ ~ f °~° ~ ~ A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1016 Notre Dame Avenue AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A (5) FIVE-YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR J. NICHOLAS & DIANE ENTRIKIN WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement have been submitted to and filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 1016 Notre Dane Avenue, South Bend, Indiana, and which is more particularly described as follows: Lot "A" Frances Street Minor Subdivision a part of the Northeast Quarter of Section 1, Township 37 North, Range 2 East (Being Lot 92 of Plat of 5orins Second Addition to Lowell, Now the City of South Bend) Portage Township, St. Joseph County, Indiana. and this property has Tax Key Number 18-5105-3672, be designated as a Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et sea., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6-1.1- 12.1, et seq., and South Bend Municipal Code Sections 2-76, et se ., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required bylaw; and WHEREAS, the Community and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as a Residentially Distressed Area.