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REGULAR MEETING NOVEMBER 9,1998
<br />BEND, INDIANA, COMMONLY KNOWN AS 2101,
<br />2107, 2111, 2114, 2117, 2122, 2123,
<br />2204, 2205, 2210, 2213, 2214, 2219,
<br />2222, 2225, 2226, 2231, 2232, 2238 SOUTH
<br />MEADE STREET AND 5045 AND 5051 WEST
<br />COLFAX STREET AS A RESIDENTIALLY
<br />DISTRESSED AREA FOR PURPOSES OF A FIVE
<br />(5) YEAR RESIDENTIAL REAL PROPERTY TAX
<br />ABATEMENT FOR G & M PROPERTIES
<br />WHEREAS, a Statement of Benefits and a petition for real property
<br />tax abatement has been submitted to and filed with the City Clerk
<br />for consideration by the Common Council of the City of South
<br />Bend, Indiana requesting that the areas commonly known as 2101,
<br />2107, 2111, 2114, 2117, 2122, 2123, 2204, 2205, 2210, 2213, 2214, 2219, 2222, 2225, 2226,
<br />2231, 2232, 2238 South Meade Street and 5045 and 5051 West Colfax Street, South Bend,
<br />Indiana, and which are more particularly described as follows:
<br />Street Address
<br />Legal Description
<br />Key Number
<br />2114 South Meade Street
<br />Lot 300A Homeland 1st Re
<br />18- 8107 -4043
<br />2122 South Meade Street
<br />Lot 302A Homeland 1st Re
<br />18- 8107 -4045
<br />2204 South Meade Street
<br />Lot 303A Homeland 1st Re
<br />18- 8107 -4046
<br />2210 South Meade Street
<br />Lot 305 Homeland 1st Re
<br />18- 8107 -4048
<br />2214 South Meade Street
<br />Lot 306 Homeland 1st Re
<br />18- 8107 -4049
<br />2222 South Meade Street
<br />Lot 307A Homeland 1st Re
<br />18- 8107 -4050
<br />2226 South Meade Street
<br />Lot 309A Homeland 1st Re
<br />18- 8107 -4052
<br />2232 South Meade Street
<br />Lot 310A Homeland 1st Re
<br />18- 8107 -4053
<br />2238 South Meade Street
<br />Lot 311A Homeland 1st Re
<br />18- 8107 -4056
<br />2101 South Meade Street
<br />Lot 330A Homeland 1st Re
<br />18- 8108 -4091
<br />2107 South Meade Street
<br />Lot 329A Homeland 1st Re
<br />18- 8108 -4092
<br />2111 South Meade Street
<br />Lot 327A Homeland 1st Re
<br />18- 8108 -4094
<br />2117 South Meade Street
<br />Lot 326A Homeland 1st Re
<br />18- 8108 -4095
<br />2123 South Meade Street
<br />Lot 325A Homeland 1st Re
<br />18- 8108 -4096
<br />2205 South Meade Street
<br />Lot 323A Homeland 1st Re
<br />18- 8108 -4098
<br />2213 South Meade Street
<br />Lot 322A Homeland 1st Re
<br />18- 8108 -4099
<br />2219 South Meade Street
<br />Lot 320A Homeland 1st Re
<br />18- 8108 -4101
<br />2225 South Meade Street
<br />Lot 319A Homeland 1st Re
<br />18- 81084102
<br />2231 South Meade Street
<br />Lot 317A Homeland 1st Re
<br />18- 8108 -4104
<br />5045 West Colfax Street
<br />Lot 175 -76 Portage Gardens
<br />18- 2224 -8407
<br />5051 West Colfax Street
<br />Lot 173 -74 Portage Gardens
<br />18- 2224 -8406
<br />as a Residentially Distressed Area; under provisions of Indiana
<br />Code 6.1.1 -12.1 et seq., and South Bend Municipal Code Sections
<br />2 -76 et seq., and;
<br />be designated as Residentially Distressed Areas under the
<br />provisions of Indiana Code 6 -1.1 -12.1 et sea., and South Bend
<br />Municipal Code Sections 2 -76 et sea., and;
<br />WHEREAS, the Department of Community and Economic Development has
<br />concluded an investigation and prepared a report with information
<br />sufficient for the Common Council to determine that the areas
<br />qualify as Residentially Distressed Areas under Indiana Code 6-
<br />1.1 -12.1, et sea., and South Bend Municipal Code Sections 2 -76,
<br />et sea., and has further prepared maps and plats showing the
<br />boundaries and such other information regarding the areas in
<br />question as required by law; and
<br />WHEREAS, the Community and Economic Development Committee of the
<br />Common Council has reviewed said report and recommended to the
<br />Common Council that the areas qualify as Residentially Distressed
<br />Areas.
<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 />
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