18-50 Modifying and reconfirming resolution for Tower at Washington (Parking Garage)

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I Lr RESOLUTION NO. + `� A RESOLUTION MODIFYING AND CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS: 211 West Washington Street AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR: PARKING GARAGE LOCATED AT THE TOWER AT WASHINGTON SQUARE LLC WHEREAS,the Common Council of the City of South Bend,Indiana,adopted Declaratory Resolution No. 4503-15 (the "Declaratory Resolution") designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and which was adopted by the Council on September 29, 2015 and approved by the Mayor that same date. WHEREAS, the Declaratory Resolution designated a portion of the property commonly known as 211 West Washington Street, South Bend, Indiana, and which is more particularly described as follows: Lots 239 & 240 & Vac Alley W &Adj OP and which is to be rehabilitated for use as parking garage as an Economic Revitalization Area; and WHEREAS, said property has been subdivided into four (4) separate tax parcels and the legal description and Key Number for the parcel relating to the parking garage is as follows: That part of the Northwest Quarter of Section 12, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana which is described as: Parking Unit (P-1) as shown on the "Declaration of Horizontal Property Ownership, Washington Square Condominium Horizontal Property Regime" as recorded by Document No. 1605719 on March 10, 2016 and those certain floor plans for the building recorded on the date of record of declaration as Document No. 1605718 in the records of the St. Joseph County, Indiana recorder's office.