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REGULAR MEETING <br />JULY 27, 1998 <br />STREET AND 1200 BLOCK OF RUSH STREET <br />(LOTS #108 THROUGH 117 AND 122 THROUGH <br />131 OF WENGER'S FIFTH ADDITION TO THE <br />CITY OF SOUTH BEND) RESIDENTIALLY <br />DISTRESSED AREAS FOR PURPOSES OF A FIVE <br />(5) YEAR RESIDENTIAL REAL PROPERTY TAX <br />ABATEMENT FOR SOUTH BEND REDEVELOPMENT <br />COMMISSION, CITY OF SOUTH BEND BOARD OF <br />PUBLIC WORKS AND AMERICAN HOME DREAMS, <br />INC. <br />WHEREAS, the Common Council of the City of South Bend, Indiana, <br />has adopted a Declaratory Resolution designating certain areas <br />within the City as Residentially Distressed Areas for the purpose <br />of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the areas commonly <br />known as 600 block of Wenger Street and 1200 block of Rush street <br />(Lots #108 through 117 and 122 through 131 of Wenger's Fifth <br />Addition to the City of South Bend, South Bend, Indiana, and <br />which are more particularly described as follows: <br />A part of Lot 108 and 109 Wenger's Fifth Addition <br />A <br />18 -7023 -0886 <br />part of Lot 108 and 109 Wenger's Fifth Addition <br />A <br />18-7023- 088601 <br />part of Lot 109 Wenger's Fifth Addition <br />18-7023 -0885 <br />Lot 110 Wenger's <br />Fifth Addition <br />Lot 111 Wenger's <br />Fifth Addition <br />18- 7023 -0884 <br />Lot 112 Wenger's <br />Fifth Addition <br />18- 7023 -0878 <br />Lot 113 Wenger's <br />Fifth Addition <br />18- 7023 -0882 <br />Lot 114 Wenger's <br />Fifth Addition <br />18- 7023 -0881 <br />A part of Lot 115 <br />Wenger's Fifth Addition <br />18-7023 -0880 <br />A part of Lot 115 <br />Wenger's Fifth Addition <br />18-7023 -0879 <br />A part of Lot 116 <br />Wenger's Fifth Addition <br />18-7023 -0878 <br />A part of Lot 116 <br />and 123 Wenger's Fifth Addition <br />18 -7023 -0900 <br />A part of Lot 116 <br />Wenger's Fifth Addition <br />18-7023 -0898 <br />A part of Lot 117 <br />Wenger's Fifth Addition <br />18-7023 -0897 <br />A part of Lot 117 <br />Wenger's Fifth Addition <br />18-7023 -0903 <br />A part of Lot 122 <br />Wenger's Fifth Addition <br />18-7023 -0902 <br />A part of Lot 122 <br />Wenger's Fifth Addition <br />18-7023 -090 <br />A part of Lot 122 <br />Wenger's Fifth Addition <br />18-7023 -0905 5 <br />A part of Lot 123 <br />Wenger's Fifth Addition <br />18-7023- 090401 <br />A part of Lot 123 <br />Wenger's Fifth Addition <br />18-7023 -0901 <br />Lot 124 Wenger's Fifth Addition <br />18- 7023 -0899 <br />Lot 125 Wenger's Fifth Addition <br />18- 7023 -0911 <br />Lot 126 Wenger's Fifth Addition <br />18-7023 -0912 <br />Lot 127 Wenger's Fifth Addition <br />18- 7023 -0913 <br />A part of Lot 128 <br />Wenger's Fifth Addition <br />18-7023 -0914 <br />A part of Lot 129 <br />Wenger's Fifth Addition <br />18- 7023 -0915 <br />A part of Lot 129 <br />and 130 Wenger's Fifth Addition <br />18- 7023 -0917 <br />18- 7023 -0918 <br />A part of Lot 130 <br />Wenger's Fifth Addition <br />18- 7023 -0919 <br />A part of Lot 131 <br />Wenger's Fifth Addition <br />18- 7023 -0920 <br />A part of Lot 131 <br />Wenger's Fifth Addition <br />18- 7023 -0921 <br />as a Residentially <br />Distressed Areas; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and <br />the public hearing before the Council has been published pursuant <br />to Indiana Code 6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of <br />hearing all remonstrances and objections.from interested persons; <br />and <br />WHEREAS, the Council has determined that the qualifications for a <br />residentially distressed areas have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City <br />of South Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby determines and finds that <br />I- <br />I <br />