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Filed in Clerk's Office <br /> Oct 10, 2025 <br /> SUBSTITUTE BILL NO. 25-39 Bianca Tirado <br /> RESOLUTION NO. City Clerk, South Bend in <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, on July 20, 2022, the Department of Community Investment filed with the <br /> Office of the City Clerk a Declaratory Resolution for Real Property Tax Abatement and a <br /> Confirming Resolution for Real Property Tax Abatement for consideration by the Common <br /> Council of the City of South Bend, Indiana, to designate certain areas within the City as an <br /> Economic Revitalization Areas for the purpose of tax abatement; and <br /> WHEREAS, the Meeting Agenda for the August 8, 2022, Common Council Meeting <br /> included Bill No. 22-38 with the title, "A RESOLUTION OF THE COMMON COUNCIL OF <br /> THE CITY OF SOUTH BEND, INDIANA, DESIGNATING A TAX ABATEMENT FOR <br /> CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br /> KNOWN AS 505 S MICHIGAN ST., SOUTH BEND, IN 46601 AS AN ECONOMIC <br /> REVITALIZATION AREA FOR PURPOSES OF AN EIGHT (8) YEAR MIXED-USE REAL <br /> PROPERTY TAX ABATEMENT FOR THE MONREAUX, LLC;"and <br /> WHEREAS, on August 8, 2022, the Common Council considered Bill No. 22-38 as a <br /> Declaratory Resolution for Real Property Tax Abatement that designated the area commonly <br /> known as 505 S. Michigan Street, South Bend, Indiana, and which is more particularly described <br /> as 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 />