Designating Tax Abatement - General Sheet Metal Works Inc. 1902 South Main St. (5 Yr. Personal Property)

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RESOLUTION NO. E Z-4 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1902 SOUTH MAIN STREET AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A (5) FIVE-YEAR PERSONAL PROPERTY TAX ABATEMENT FOR GENERAL SHEET METAL WORKS,INC. WHEREAS,a petition for personal property tax abatement consideration has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 1902 South Main Street, South Bend, Indiana, and which is more particularly described as follows: PARC OF LAND BEG APPROX 140' E OF CENTERLINE OF CALVERT & LAFAYETTE ST&BEING PT OF W 1/2 SW 1/4 SEC 13-37-2E CONT 1.94 AC+- 573' ON E SIDE LAFAYETTE ST ETC BEG SE COR CALVERT ST CONT APPX 1.2216 ACRS SEC 13-37-2E LOTS 35, 36 &N 18' VAC BOWMAN ST & 14' VAC ALLEY W& ADJ & S 1/2 VAC ALLEY N&ADJ TO LOT 35 BOWMAN'S 1ST ADDN LOT 10 & VAC ALLEY BET LOTS 10 11 LOT 11 & EX 15 FT FOR ST STOVER & WITWER ADD LOT 34&E %2 VAC ALLEY W&ADJ&N 1/2 VAC ALLEY SO&ADJ BOWMANS 1ST ADD LOTS 18 THRU 22&E 1/2 VAC ALLEY W&ADJ&E-W VAC ALLEY BET LOTS 18& 19 STOVER&WITWER ADD and which has Key Numbers 18-8010-0451, 18-8010-046601, 18-8010-0453, 18-8011-048901, 18- 8012-0567, 18-8012-056701,be designated as an Economic Revitalization Area under the provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et sec., and; WHEREAS,the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine