5078-24 Confirming Resolution Real Property Steel Warehouse

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BILL NO. 24-15 RESOLUTION NO. 5078-24 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 2803 Tucker Drive, South Bend, Indiana 46619 AND 2920 Tucker Drive, South Bend, Indiana 46619 AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A SIX-YEAR (6) REAL PROPERTY TAX ABATEMENT FOR Steel Warehouse Company, LLC WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as an Economic Revitalization Area for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area described as: requesting that the area described as: Key Number: 71-08-15-151-002.000-026 Local Parcel Number: 018-8075-284403 Commonly Known As: 2803 Tucker Drive Legal Description: 535 Ft E& W X 324.25 Ft N& S Beg 260 Ft S Of N E Cor S WNW Sec 15-37-2e & S 1/2 Vac Tucker Dr N&Adj Cont 4.228 Ac +- Key Number: 71-08-15-151-003.000-026 Local Parcel Number: 018-8075-284406 Commonly Known As: 2920 Tucker Drive Legal Description: Beg 580.64 Ft So Ne Cor Sw1/4 Nw1/4 Sec 15-37- 2e Also 79.3'E& W By 172'N& S Sw Cor Sw1/4 Nw1/4 Cont 5.112 Ac +- & S 1/2 Vac Tucker StN& Adj 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 seq.; and WHEREAS, petitioner and owners of the area are common entities; and WHEREAS, the area commonly known as 2803 Tucker Drive and 2920 Tucker Drive is part of the Steel Warehouse campus, which also includes the company's headquarters at 2722 Tucker Drive; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met.