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RESOLUTION NO. ~ ~ ~ 2 ~~ <br />A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS <br />WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br />KNOWN AS 4747 WEST CLEVELAND ROAD AS AN ECONOMIC <br />REVITALIZATION AREA FOR PURPOSES OF A (8) EIGHT-YEAR <br />REAL PROPERTY TAX ABATEMENT FOR <br />TULIPTREE ASSOCIATES, LLC/PEI-GENESIS, INC. <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 />4747 West Cleveland Road, South Bend, Indiana, and which is more particularly <br />described as follows: <br />Commencing from the East Quarter of said Section 20, said point being <br />approximately 68.62 feet South of the South right-of--way of Indiana <br />East/West Toll Road (300' total R/VV) thence North O1 °04' 10" West along <br />the East line of the Northeast Quarter of Section 20, 704.03 feet to the <br />point of beginning of this description; (note: The bearing for this <br />description was derived from the recorded documents from the Right-of- <br />Way undertaking); thence North 77°34'00" West, along the North right- <br />of-way of Cleveland Road 1346.24 feet; thence North 00°38'36" West, <br />629.12 feet to the South line of the Plat of Clarence A. Gregory's High <br />Meadows Estates Subdivision; thence North 89°37' 14" East along the <br />South line of the Plat of Clarence A. Gregory's High Meadows Estates <br />Subdivision and Hartman DeMaegt Subdivision, as recorded under Book <br />21, page H4 and Book 27, page H respectively; 1304.45 feet to the East <br />line of the Northeast Quarter of said Section 20; thence continuing along <br />the South boundary of Hartme DeMaegt Subdivision on a bearing of <br />North 89°37' 14" East, 80.5 feet to a point on a line West 80.5 feet of the <br />West Half of the Northwest Quarter of said Section 21; thence South <br />O 1 °04' 10" East, 946.09 feet to a point on the North line of Cleveland <br />Road; thence continuing along the said North line of Cleveland Road on a <br />bearing of North 77°34'00" West, 82.79 feet to the point of beginning. <br />and which has Key Number 25-1012-0199.37, as an Economic Revitalization Area; and <br />