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(0 13 <br />thence North 90000'00" West (Bearing Assumed) along the Southline of the <br />Southeast Quarter (1/4) of said Section Twenty -eight (28) (Being along the <br />centerline of Lathrop) One Thousand Four Hundred Twenty -three and Seventy -five <br />Hundredths (1423.75) feet; thence North 0095156" East Forty (40) feet to the <br />place of beginning of this description; thence North 90000'00" West Four <br />Hundred Fifty -four and Ninety -three Hundredths (454.93) feet; thence North <br />00095136" East, Eight Hundred Three and Seventy -six Hundredths (803.76) feet; <br />thence north 45040130" East, Two Hundred Forty -Three and Forty Hundredths <br />(243.40) feet; thence North 44039149" East, One hundred Ninety -one and Twelve <br />Hundredths (191.12) feet to the South line of Forty (40) foot easement granted <br />to C.S.C. and South Bend Railroad; thence South 450002'33" East along the said <br />Southerly easement Two Hundred Two and Thirty -six Hundredths (202.36) feet; <br />thence South 00016123" East, Six Hundred Six and Ninety -eight Hundredths <br />(606.98) feet; thence South 00095156" West Three Hundred Sixty and Twnety <br />Hundredths (360.20) feet to the point of beginning. <br />PARCEL II <br />A part of the Southeast Quarter (1/4) of Section Twenty -eight (28), Township <br />Thirty -eight (38) North, Range Two (2) East of the Second principal Meridian, <br />German Township, St. Joseph County, Indiana and described as follows: <br />E' Commencing at the Southeast corner of said Section Twenty-eight (28) said point <br />being at the intersection of centerlines of Bendix Drive and Lathrop Street, <br />�? thence North 90000'00" West (Bearing Assumed) (along the South line of the <br />Southeast Quarter (1/4) of said Section Twenty-eight � y -eight (28) (being along the <br />centerline of Lathrop) One Thousand Four Hundred Twenty -three and Seventy -five <br />Hundredths (1423.75) feet; thence North 0095156" East, Four Hundred and Twenty <br />g' Hundredths (40.20) feet; thence North 00016123" West, Six Hundred Six and <br />Ninety-eight y -eight Hundredths (606.98) feet to the point of beginning; thence North <br />9i <br />4500213311 West, along the Southerly easement granted to C.S.S. and South Bend <br />Railroad, Two Hundred Two and Thirty -six Hundredths (202.36) feet; thence North <br />44039149" East, Forty feet 940); thence South 45003133" East along the north <br />easement One Hundred Sixty two and Thirty -five Hundredths (162.35) feet; thence <br />I' South 00016123" West, Fifty -six and Eighty Hundredths (56.80) feet to the <br />place of beginning. <br />be designated as an Economic Revitalization Area under the <br />Code 6 -1.1- 12.1 -1, et se provisions of Indiana <br />a q . ; and <br />ii <br />' WHEREAS, the Redevelopment Commission has concluded an investigation and <br />prepared a report with information sufficient for the Common Council to determine <br />that the area <br />qualifies as an Economic Revitalization Area under Indiana Code <br />6 -1.1- 12.1 -1 et se <br />q., q., and has further prepared maps and plats showing the <br />boundaries and such other information as required by law of the area in question; <br />i and <br />i? <br />a: <br />WHEREAS, the Human Resources and Economic Development Committee of the Common <br />Council has reviewed said report and recommended to the Common Council that the area <br />E qualifies as an Economic Revitalization Area. <br />i <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, <br />Indiana, as follows: <br />1 <br />SECTION I. That the Common Council hereby accepts the report and recommendation <br />of the Human Resources and Economic Development Committee that the area herein <br />described be designated and Economic Revitalization Area and hereby adopts a <br />resolution designating this area as an Economic Revitalization Area for purposes of <br />Real Property Tax Abatement. <br />SECTION II. That this designation shall be limited to Six (6) calendar years <br />from the date of the adoption of this Resolution by the Common Council. <br />SECTION III. That the Common Council directs the City Clerk to cause notice of <br />the adoption of this Resolution to be published, said publication providing notice <br />of the Public Hearing before the Common Council on said Declaration. <br />ii <br />i° <br />SECTION IV. That this Resolution shall be in full force and effect from and <br />3' after its adoption by the Common Council and a <br />�F pprova by the Mayor. <br />is <br />i1 <br />4i /s/ Beverlie J. Beck <br />Member of the Common Council <br />A public hearing was held on the resolution at this time. Council Member Serge made <br />a motion to amend this resolution by changing the address to 3601 Lathrop, seconded <br />by Council Member Voorde. The motion carried. James Knepp, attorney, indicated PAI <br />properties planned to construct a building which will be used for offices and <br />associated uses of North American Sign Company. He indicated that the first year <br />thirty new jobs will be created, and thirty -two existing y <br />11 Howard Bessire, Director of the Industrial Foundation spoke binwfavoreofe this <br />ed. <br />L abatement. Council Member Voorde made a motion to adopt this resolution, as <br />amended, seconded by Council Member Zakrzewski. The motion carried. <br />j PRIVILEGE OF THE FLOOR <br />is <br />it <br />s <br />l <br />