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REGULAR MEETING <br />SEPTEMBER 24, 2007 <br />SECTION III. This Resolution shall be in full force and effect from and after its <br />adoption by the Common Council and approved by the Mayor. <br />s/Timothy A. Rouse <br />Member of the Common Council <br />RESOLUTION NO. 3792-07 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 />RIVERSIDE DRIVE, SOUTH BEND, INDIANA <br />TO BE AN ECONOMIC REVITALIZATION <br />AREA FOR PURPOSES OF A FIVE (5) YEAR <br />PERSONAL PROPERTY TAX ABATEMENT <br />FOR STEEL WAREHOUSE COMPANY LLC <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 />1400 Riverside Drive, South Bend, Indiana, and which is more particularly described as <br />follows: <br />Beginning at the Southeast corner of the Southwest'/4 of said, section 35; thence <br />South 89 49'52" West (bearing assumed) along the South line of said section, 308.97 <br />feet; thence North 89 55'00" West, 116.24 feet; thence North 00 00'27" West, 12.00 feet <br />to the North line of a 12 foot alley; thence North 89 55'00" West along said North line of <br />alley, the East line of Kessler Boulevard, 128.00 feet South 89 55' 18" East of the <br />Northeast addition to the City of South Bend recorded Apri16, 1906 in Plat Book 0, <br />pages 30 and 31; thence South 89 55' 18" East along the South line of King Street, 352.84 <br />feet; thence North 00 00'27" West, 194.85 feet to a point the centerline of the East and <br />West 14 foot alley between King Street and McCartney Street produced East; thence <br />North 00 06'09" East, 128.81 feet; thence North 89 46'49" East 287.05 feet to the <br />Westerly 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 35; <br />thence North 90 00'00" West along said South line, 156.71 feet to the point of the <br />beginning. <br />Commencing at the Southeast corner of the '/4 of said section 35; thence North 00 <br />00'30" West (bearing assumed) along the East line of said Southwest 1/4 a distance of <br />463.14 feet to the Point of Beginning for the following described tract; thence continuing <br />North 00 00'30" West along said East line 336.00 feet to the South line of Queen Street; <br />thence south 89 56'09" West along said South line of Queen Street 176.60 feet, thence <br />North 00 02'36" Est. 195.00 feet to the centerline of the East and West 14 foot alley <br />between Kinyon Street and Queen Street; thence South 89 56'09" West along said <br />centerline of alley, 131.27 feet; thence South 00 06'09" West along the East line of Lot <br />145 in the Third Plot of Northwest Addition recorded March 7, 1907 in Plat Book 9, page <br />60 in the Office of the St. Joseph County Recorder and its Northerly and Southerly <br />extensions, 195.00 feet to the South line of Queen Street thence South 89 56'09" West <br />along 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 along <br />said South line of McCartney Street, 12.91 feet; thence South 00 06'09" West 6.11 feet; <br />thence North 89 56'09" East 308.71 feet to the Point of beginning. <br />and which have Key Numbers 18-2110-4065 and 18-2110-4067, as an Economic <br />Revitalization Area, and <br />22 <br />