9394-03 Amend Chapter 2, Replacing in its entirety Article 6 Entitled Tax Abatement Procedures

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said centerline to its intersection with the line 159.72 feet north of and para11e1 to the north right-of-way line of Jefferson Boulevard; thence east along said line to its intersection with the centerline of Scott Street; thence south along said centerline to its intersection with the centerline of Western Avenue; thence west along said centerline to its intersection with the centerline of Chapin Street; thence south along said centerline to its intersection with the first alley south of Westem Avenue; thence west along said alley, extended, including a tract of land conveyed to Michiana Marlin Swim Club, Inc. by a deed recorded on Deed Record number 8400928 in the office of the Recorder of St. Joseph County, Indiana, and the Benjamin Harrison School, to its intersection with the centerline of Sheridan Street; thence north along said centerline to its intersection with the first alley north of Westem Avenue, extended, which is the Point of Beginning. g. The area commonly known as 2211 East Jefferson Blvd., South Bend, Indiana 46615, more particularly described as follows: (1) TRACT A. A tract of land 500 feet in width north and south taken off of and from the entire south end of Lots Numbered 11, 12, 13, and 14, all as shown on the recorded Plat of Jefferson Heights Addition to the City of South Bend, reserving an easement on and over the east 50 feet of the north 81 feet of the above tract of land for purposes of ingress and egress to and from Lots 11, 12, 13, and 14 all as shown on the recorded Plat of Jefferson Heights Addition to the City of South Bend. (2) TRACT B. Lots Numbered 11, 12, 13 and 14 as shown on the recorded Plat of Jefferson Heights Addition to the City of South Bend, excepting therefrom a tract of land 500 feet in width north and south taken off of and from the entire south end thereof; together with an easement for purposes of ingress to and egress from the foregoing tract from and onto Marshall Street, on and over the east 50 feet of the north 81 feet of the south 500 feet of Lot 14 as shown on the recorded Plat of Jefferson Heights Addition to the City of South Bend. (Ord. No. 7267-83; Ord. No. 7500-85; § 2; Ord. No. 7506-85, § 4; Ord. No. 7577-85, § 3; Ord. No. 7598-86, § 3; Ord. No. 7611-86, § 4) 13. "Economic Revitalization Area" and "ERA" have the meaning set forth in I.C. 6- 1.1-12.1-1 et seq. 14. "Hard-dollar Costs" means expenses directly related to the proposed new construction or Rehabilitation excluding costs of land, financing, architect, engineering, and attorney fees. 15. "Industrial Development" means and includes the economic activities described in major groups 31 through 33 of the North American Industry Classification System-United States, 2002 manual published by the United States Office of Management and Budget's Economic Classification Policy Committee, which manual is hereby incorporated by reference, with copies being maintained in the Office of the City Clerk. Tax Abatement Ordinance Page 12