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BILL NO. 24-31 <br />RESOLUTION NO. 5094-24 <br />A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />619 Sherman Avenue, South Bend, Indiana 46616 <br />AND <br />620 Sherman Avenue, South Bend, Indiana 46616 <br />AND <br />1021 %-1023 %2 Lincoln Way West, South Bend, Indiana 46616 <br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF AN <br />EIGHT -YEAR (8) REAL PROPERTY TAX ABATEMENT FOR <br />Property Bros LLC <br />WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a <br />Declaratory Resolution designating certain areas within the City as an Economic Revitalization <br />Area for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area described as: <br />Key Number: 71-08-02-334-013.000-026 <br />Local Parcel Number: 018-1074-3109 <br />Commonly Known As: 619 Sherman Avenue <br />Legal Description: Lot 48 Cushings 1sr <br />Key Number: 71-08-02-335-005.000-026 <br />Local Parcel Number: 018-1074-3128 <br />Commonly Known As: 620 Sherman Avenue <br />Legal Description: Lot 5 Cushings 1st <br />Key Number: 71-08-02-335-008.000-026 <br />Local Parcel Number: 018-1074-3131 <br />Commonly Known As: 1021 1/2 - 1023 1/2 Lincoln Way West <br />Legal Description: Lot 2 40 Ft W Side Cushings First Add <br />be designated as an Economic Revitalization Area under the provisions of Indiana Code 6-1.1- <br />12.1 et seq., and South Bend Municipal Code Sections 2-76 et seq.; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />