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:: E <br />REOUT.AR MFFTTNG <br />NOVEMBER 14,-1 98$ <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 Economic <br />Revitalization Areas for the purpose of tax abatement consideration; and <br />WHEREAS, a Declaratory Resolution designated the area commonly known as 400 W. <br />Sample, and which is more particularly described as follows: <br />A parcel of land being part of the Northeast Quarter of Section 14, Township 37 <br />North, Range 2 East of the Second Principal Meridian, and being more particularly <br />described as follows, viz: <br />Beginning at the Northwest corner of Tract No. 4 of the Studebaker Corporation <br />Replat as recorded in Plat Book 11, Page 184, in the Office of the Recorder of St. <br />Joseph County, Indiana; thence South 89 51' 46" East, along the North line of said <br />Tract No. 4, said line being also the South Right -of -Way line of Sample Street, a <br />distance of 1200.01 feet to a point 241.64 feet North 89 51' 46" West of the West <br />Right -of -Way line of Franklin Street, said point being on the Northerly projection <br />of the West wall line of a building; thence South 0 21' 18" East, along said <br />projection and along said West wall line, a distance of 421.71 feet to an angle <br />point; thence South 27 52' 38" East, along a wall line, a distance of 27.70 feet to <br />an angle point; thence North 89 38' 42" East, along a wall line, a distance of <br />132.73 feet to a point 96.19 feet South 89 38' 42" West of the West Right -of -Way of <br />Franklin Street; thence South 0 211 55" East, parallel with the West Right -of -Way of <br />Franklin Street, a distance of 160.27 feet to a point 96.18 feet South 89 55` 21" <br />West of said West Right -of -Way of Franklin Street; thence South 89 55' 21" West, a <br />distance of 134.32 feet to a point; thence North 12 19' 39" West, a distance of <br />162.12 feet to a point; thence North 89 51' 39" West, a distance of 647.32 feet <br />to a point; thence South 0 04' 26" West, a distance of 28.28 feet to a point; <br />thence North 89 50' 26" West, a distance of 100.00 feet to a point; thence South 0 <br />04' 26" West, a distance of 62.99 feet to a point; thence North 88 32' 07" West, a <br />distance of 443.76 feet to a point; thence North 0 07' 13" East, a distance of <br />83.15 feet to a point on a non - tangent curve which is convex to the Southwest; <br />thence Northwesterly along said curve, having a radius of 323.50 feet and a central <br />angle of 34 37' 1711, an arc distance of 195.48 feet to the point of tangency on said <br />curve; thence North 3 53' 00" West, a distance of 13.87 feet to a point; thence <br />North 61 39' 41" West, a distance of 169.36 feet to the Easterly Right -of -Way line <br />of Chapin Street; thence North 5 57' 39" East, along said Easterly Right -of -Way <br />line, a distance of 29.04 feet to an angle point; thence continuing along said <br />Easterly Right -of -Way line, North 0 10' 33" West, a distance of 43.02 feet to a <br />point of tangency for a curve convex to the Northwest; thence Northeasterly along <br />said curve, having a radius of 94.48 feet and a central angle of 88 00' 4011, an arc <br />distance of 145.13 feet to the point of tangency of said curve, said point being on <br />the South Right -of -Way line of Sample Street; thence North 87 50' 07" East, along <br />said South Right -of -Way line, a distance of 135.89 feet to the place of beginning, <br />as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption <br />hearing before the Council has been <br />6 -1.1- 12.1 -2.5; and <br />WHEREAS, the Council has held a <br />remonstrances and objections from ii <br />WHEREAS, the Council determined <br />revitalization area have been met. <br />of a Declaratory Resolution and the public <br />published pursuant to Indiana Code <br />public hearing for the purposes of hearing all <br />iterested persons; and <br />that the qualifications for an economic <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution <br />designating the area described herein as an Economic Revitalization Area for <br />purposes of tax abatement. Such designation is for real property tax abatement only <br />and is limited to two (2) calendar years from the date of the adoption of the <br />Declaratory Resolution by the Common Council. <br />SECTION II. The Common Council hereby determines that the property owner is <br />qualified for and is granted real property deduction for a period of ten (10) years. <br />SECTION III. This resolution shall be in full force and effect from and after <br />its adoption by the Common Council and approval by the Mayor. <br />/s/ John Voorde <br />Member of the Common Council <br />RESOLUTION NO. 1666 -88 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY <br />RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF <br />SOUTH BEND, INDIANA COMMONLY KNOWN AS 400 W. SAMPLE TO <br />BE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A 5 <br />YEAR PERSONAL PROPERTY TAX ABATEMENT FOR SOUTH BEND <br />LATHE <br />