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The Northeast, Having A Radius Of 60.00 Feet, Subtended By A Chord Of 119.99 <br />Feet, Bearing North 40 Degrees 22 Minutes 44 Seconds West; Thence Northwesterly <br />Along Said Curve, A Distance Of 186.90 Feet To The Point Of Curvature Of A <br />Reverse Curve, Concave To The West, Having A Radius Of 30.00 Feet, Subtended <br />By A Chord Length Of 27.12 Feet, Bearing North 21 Degrees 59 Minutes 07 <br />Seconds East; Thence Northerly Along Said Curve, A Distance Of 28.14 Feet To <br />The Point Of Curvature Of A Reverse Curve, Concave To The East, Having A <br />Radius Of 125.00 Feet, Subtended By A Chord Length Of 10.66-Feet, Bearing North <br />02 Degrees 26 Minutes 36 Seconds West; Thence Northerly Along Said Curve, A <br />Distance Of 10.66 Feet; Thence North 00 Degrees 00 Minutes 00 Seconds East, A <br />Distance Of 273.42 Feet To The Point Of Curvature Of A Tangent Curve, Concave <br />To The Southwest, Having A Radius Of 30.00 Feet, Subtended By A Chord Length <br />Of 42.43 Feet, Bearing North 45 Degrees 00 Minutes 00 Seconds West; Thence <br />Northwesterly Along Said Curve, A Distance Of 47.12 Feet; Thence South 90 <br />Degrees 00 Minutes 00 Seconds West, A Distance Of 139.07 Feet To The West Line <br />Of Said Northwest Quarter; Thence North 00 Degrees 16 Minutes 41 Seconds East <br />Along Said West Line, A Distance Of 140.00 Feet To The Point Of Beginning; <br />Said Described Tract Containing 4.502 Acres, More Or Less; <br />Subject To Right-Of--Way, Easements, Covenants, and Restrictions of Record <br />and this property which has Parent Parcel Tax Key Number 23-1002-0022.01, be designated as a <br />Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et se ., and South <br />Bend Municipal Code Sections 2-76 et se ., and; <br />WHEREAS, the Department of Community and Economic Development has concluded <br />an investigation and prepared a report with information sufficient for the Common Council to <br />determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6-1.1- <br />12.1, et sec ., and South Bend Municipal Code Sections 2-76, et sect., and has further prepared <br />maps and plats showing the boundaries and such other information regarding the area in question <br />as required by law; and <br />WHEREAS, the Community and Economic Development Committee of the Common <br />Council has reviewed said report and recommended to the Common Council that the area <br />qualifies as a Residentially Distressed Area. <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 ., for tax abatement. <br />3 <br />