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Filed in Clerk's Office <br /> Oct 8, 2025 <br /> BILL NO. 25-39 Bianca Tirado <br /> City Clerk, South Bend, IN <br /> RESOLUTION NO. <br /> A RESOLUTION AMENDING DECLARATORY RESOLUTION NO. 4972-22 <br /> AND MODIFYING AND RECONFIRMING THE ADOPTION OF <br /> DECLARATORY RESOLUTION NO. 4972-22 DESIGNATING CERTAIN <br /> AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br /> KNOWN AS <br /> 505 South Michigan Street, South Bend, Indiana 46601 <br /> AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF AN <br /> EIGHT-YEAR (8) MIXED-USE DEVELOPMENT REAL PROPERTY TAX <br /> ABATEMENT FOR <br /> The Monreaux 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 Economic Revitalization Areas <br /> for the purpose of tax abatement consideration; and <br /> WHEREAS, Declaratory Resolution No. 4972-22 designated the area commonly known <br /> as 505 S. Michigan Street, South Bend, Indiana, and which is more particularly described as <br /> follows: <br /> (1) 132 Ft E End Lot 19Martins Add <br /> (2)N 44'Lot 20 Martins Add <br /> (3)S 1-3 Lot 20 Martins Add <br /> (4)Lot 21 &N 1/2 Vac Alley S &Adj Martins Add <br /> and which has Key Numbers 71-08-12-306-010.000-026, 71-08-12-306-011.000-026, 71-08-12- <br /> 306-012.000-026, and 71-08-12-306-013.000-026 as an Economic Revitalization Area under the <br /> provisions of Indiana Code 6-1.1-12.1 et seq., and South Bend Municipal Code Sections 2-76 et <br /> seq.; and <br /> WHEREAS, upon proper notice, a public hearing was held, after which the Common <br /> Council issued Confirming Resolution No. 4975-22 on August 22,2022, confirming the adoption <br /> of Declaratory Resolution No. 4972-22; and <br /> WHEREAS, The Monreaux LLC, an Indiana Limited Liability Company, was granted a <br /> three-year(3)designation period in Confirming Resolution No.4975-22,which expired on August <br /> 8, 2025; and <br />