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being the real estate described in that certain Quit -Claim Deed dated March 21, <br />1986, and recorded as Instrument 8606081 in the Office of the Recorder of St. <br />Joseph County, Indiana. <br />PARCEL II: <br />Also, Lot Numbered Two Hundred Forty-four (244) and the East 60 feet of Lots <br />Numbered Two Hundred Forty-five (245) and Two Hundred Forty-six (246) as <br />shown on the Original Plat of the Town, now City of South Bend, Indiana. <br />PARCEL III: <br />(Designated as a Private Alley) Lot Lettered "A" <br />as shown on the recorded Plat of J.C. Knoblock's Subdivision of Lots Two <br />Hundred Forty-five (245) and Two Hundred Forty-six (246) in. the Original Plat of <br />the Town, now City of South Bend, recorded February 26, 1901 in Plat Book 8, <br />page 15 in the Office of the Recorder of St. Joseph County, Indiana, said alley <br />being Ten (10) feet in width, East and West, and Fifty (5 0) feet in length, North <br />and South, being adjacent to and East of Lots One (1), Two (2) and the South Nine <br />(9.00) feet of Lot Three (3) in said J.C. Knoblock's Subdivision of said Lots <br />Numbered Two Hundred Forty-five (245) and Two Hundred Forty-six. (246). <br />and this property has Tax Key Numbers 18- 1012 -0471; 0473; 0474 and 0475 be designated as a <br />Residentially Distressed Area under the provisions of Indiana Code 6 -1.1 -12.1 et seq., and South <br />Bend Municipal Code Sections 2 -76 et seq., 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 a residentially <br />distressed 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 determines and finds that the petition for real <br />property tax abatement and the Statement of Benefits form meet the requirements of Indiana <br />Code 6 -1.1 -12.1 et se q., for tax abatement. <br />SECTION II. The Common Council hereby determines and finds that the area meets one of the <br />following conditions as formally established in Ordinance No. 9394 -03, which was passed on <br />February 10, 2003: <br />2 <br />