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RESOLUTION NO. q 1 yF - (I- <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 <br />3605 WEST CLEVELAND ROAD <br />TO BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF <br />A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR <br />FEDERAL- MOGUL POWERTRAIN, 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 />3605 West Cleveland Road, South Bend, Indiana, and which is more particularly <br />described as follows: <br />A tract of land in part of the East half of Section 21, Township 38 North, Range 2 East, <br />2nd P.M., St. Joseph County, Indiana, and more particularly described as follows: <br />Beginning at a point on the East -West Half section line of said East Half North 88 <br />degrees 53 minutes 36 second East 915.58 feet from the center of said Section 21; thence <br />North 0 degrees 56 minutes 57 seconds West 338.80 feet; thence North 88 degrees 53 <br />minutes 36 seconds East, parallel with the East -West half section line of said Section, <br />800.00 'feet; thence South 0 degrees 56 minutes 57 seconds East 1726.13 feet; thence <br />northwesterly 550.14 feet along an arc to the right having a radius of 4463.66 feet and <br />subtended by a long chord having a bearing of North 54 degrees 36 minutes 59 seconds <br />West and a distance of 549.80 feet; thence North 51 degrees 05 minutes 08 seconds West <br />465.22 feet; thence North 0 degrees 56 minutes 57 seconds West 761.20 feet to the East - <br />West half section line of said East half the point of beginning, and containing 26.203 <br />acres, more or less <br />and which has Key Number 25- 1013 -0218 as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; <br />and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />