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

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11. "East Bank Development Area" and "EBDA" mean the area located within the City's corporate boundaries designated by the following legal description. Beginning at the intersection of the south right-of-way line of Jefferson Boulevard and the east right-of-way line of Hill Street, the Point of Beginning ("Point of Beginning") for this description; thence west along said south right-of-way line to the projected centerline of the St. Joseph River; thence meandering northwesterly, northeasterly and north along said centerline to the westerly projection of the south right-of-way of Corby Street; thence east along said projection and the south right-of-way line of said Corby Street to the centerline of the first fourteen foot alley lying west of Hill Street; thence south along said centerline to the north right-of-way line of Crescent Avenue; thence southeasterly to the point of intersection of the south right-of-way line of said Crescent Avenue with the centerline of the first fourteen foot alley lying west of said Hill Street; thence southeasterly, southwesterly and south along the centerline of said alley to the centerline of the first fourteen foot alley lying north of Cedar Street; thence east along said centerline to the centerline of the first fourteen foot alley lying east of Hill Street; thence south along said centerline to the south right-of-way line of Jefferson Boulevard; thence west along said right-of- way line back to the Point of Beginning. 12. "Economic Development Target Areas" and "EDTA" mean the areas located within the City's corporate boundaries which have been designated by the Economic Development Commission according to the legal descriptions set forth below. A maximum of fifteen percent (15%) of the total geographic territory of the City may be designated as Economic Development Target Areas. a. The area commonly known as the South Bend Central Development Area, a parcel of land being a part of the City of South Bend, Portage Township, St. Joseph County, Indiana, more particularly described as follows: Beginning at the point of intersection of the south right-of-way line of Sample Street with the west right-of-way line of Michigan Street, the Point of Beginning ("Point of Beginning") for this description; thence north along said west right of-way line of Michigan Street to its intersection with the northerly line of the Conrail Railroad (formerly Penn Central) right-of-way; thence northwesterly along said northerly railroad right-of-way line to its intersection with the southerly projection of the west right-of-way line of Taylor Street; thence north along said west right-of-way line to its intersection with the westerly projection of the north right-of-way line of Monroe Street; thence east along said projection and the north right-of-way line of said Monroe Street to its intersection with the southerly projection of the centerline of the first 14-foot alley lying west of Lafayette Boulevard; thence north along said projection and the centerline of said 14-foot alley to the south right-of-way line of Washington Street; thence west along said south right-of-way line to the east right-of-way line of William Street; thence north along said east right-of-way line to the north right-of-way line of Colfax Avenue; thence east along said north right-of-way line to the centerline of the first 14-foot alley lying west of Lafayette Boulevard; thence north along said centerline, in certain places being sometimes known as St. James Court, to the north right-of-way line of LaSalle Street; thence east along Tax Abatement Ordinance Page 7