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<br />RESOLUTION NO. <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 />THE OLD TARGET STORE RETAIL COMPLEX LOCATED ON <br />THE NORTH SIDE OF MCKINLEY AVENUE JUST WEST OF <br />HICKORY ROAD <br />AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br />(10) TEN-YEAR REAL PROPERTY TAX ABATEMENT FOR <br />MCKINLEY APARTMENTS HOUSING PARTNERS, LP <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 />the old Target Store Retail Complex located on the north side of McKinley Avenue and <br />west of Hickory Road, South Bend, Indiana, and which is more particularly described as <br />follows: <br />ALL THAT TRACT OR PARCEL OF LAND lying and being in the southeast quarter <br />of Section 5, Township 37 North Range 3 East, in the City of South Bend, St. Joseph <br />County, Indiana, more particularly described as follows: <br />COMIVIENCING at the southeast corner of said southeast quarter of Section 5; thence <br />North 00°02'06" East along the East line of said southeast quarter, a distance of 726.00 <br />feet to a point; thence run North 89°28'22" West a distance of 40.00 feet to a point; thence <br />run North 89° 28' 22" West, a distance of 648.65 feet to a point, the POINT OF <br />BEGINNING; thence run South 00°O1' 12" West, a distance of 686.02 feet to a point; <br />thence run North 89° 28' 28" West, a distance of 525.01 feet.to the east line of McKinley <br />Terrace Addition; thence run North 00°00'00" East, along said east line of said McKinley <br />Terrace Addition a distance of 1411.91 feet to a point and the south line of McKinley <br />Terrace Addition, Section "A"; thence run South 89°31'54" East along said south line of <br />McKinley Ten ace Addition, Section "A", a distance of 443.34 feet to a point; thence run <br />South 00°O1' 12" West, a distance of 404.56 feet to a point; thence run North 89° 28' 22" <br />West a distance of 9.11 feet to a point; thence run South 00°24`33" West a distance of <br />261.23 feet to a point; thence run South 89°28' 12" East a distance of 10.89 feet to a point; <br />thence run South 00°01'.12" West a distance of 60.53 feet to a point; thence run South 89° <br />