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Filed in Clerk's Office <br /> Oct 22, 2025 <br /> BILL NO. 25-45 Bianca Tirado <br /> City Clerk, South Bend, IN <br /> RESOLUTION NO. <br /> A RESOLUTION OF THE COMMON COUNCIL OF THE <br /> CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN <br /> THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br /> 3315 William Richardson Court, South Bend, Indiana 46628 <br /> AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br /> SEVEN-YEAR (7) REAL PROPERTY TAX ABATEMENT FOR <br /> 4Boys4 Investments LLC <br /> WHEREAS, a petition for real property tax abatement consideration has been filed with <br /> the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, <br /> requesting that the area described as: <br /> Key Number: 71-03-21-232-021.000-009 <br /> Local Parcel Number: 025-1013-021202 <br /> Commonly Known As: 3315 William Richardson Court <br /> Legal Description: Midwest Embroidery Inc Minor Subdivision Lot 1 <br /> Annexed From 04-1013-0212.02 92-93 <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, 4Boys4 Investments LLC has entered into a purchase agreement with the <br /> South Bend Redevelopment Commission to acquire ownership of the area; and <br /> WHEREAS, the petitioner—Michigan Motorsports LLC—and 4Boys4 Investments LLC <br /> are common entities; and <br /> WHEREAS, the petitioner has agreed to and has accepted responsibility to report any <br /> changes in the Key Number and legal description to the Department of Community Investment <br /> and to the Office of the City Clerk; and <br /> WHEREAS,the Department of Community Investment has concluded an investigation and <br /> prepared a report with information sufficient for the Common Council to determine that the area <br /> qualifies as an Economic Revitalization Area under Indiana Code 6-1.1-12.1 et seq. and South <br /> Bend Municipal Code Sections 2-76 et seq., and has further prepared maps and plats showing the <br /> boundaries and such other information regarding the area in question as required by law; and <br />