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RESOLUTION NO. 38ZI -~ <br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />202 SOUTH MICHIGAN STREET <br />FLOORS 1, 2, 4, 5, 9 AND 11 TO 14 <br />AS AN ECONOMIC REVITALIZATION AREA FOR <br />PURPOSES OF A NINE-YEAR REAL <br />PROPERTY TAX ABATEMENT FOR <br />KEY SB, LLC (The Hinman Company) <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas <br />for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 202 S. <br />Michigan Street, South Bend, Indiana, Floors 1, 2, 4, 5, 9 and 11 to 14, and which is more <br />particularly described as follows: <br />Lot 47 40' W Cor & Vacated Alley W & Adj & W 40 X 54' Lot 48 Ex Sw Cor O P <br />So Bend; Lots 47 & 48 Ex W 40' Original Plat So Bend; and 42.18 Ft E End Lot 58 <br />& 19.05 X 42.36 Ft N E Cor Lot 57 O P South Bend <br />and which has Key Numbers 18-3003-0054; 18-3003-0056; and 18-3003-0044, as an Economic <br />Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before <br />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 remonstrance's <br />and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic revitalization <br />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 />