Designating Tax Abatement - Near Northwest Neighborhood Inc. 736 California, 908-910, 906 Portage Ave. (6 Yr. Real Property)

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RESOLUTION NO. `-E Z q 0 -( 3 A RESOLUTION OF THE COMMON COUNCIL OF THE CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 736 CALIFORNIA, 908 -910, 906, PORTAGE AVENUE AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF UP TO A (6) SIX -YEAR REAL PROPERTY TAX ABATEMENT FOR NEAR NORTHWEST NEIGHBORHOOD, INC. WHEREAS, a petition for real property tax abatement has been filed with the City Clerk for consideration by the Common Council of the City of South Bend, Indiana, requesting that the area commonly known as 908 -910 Portage Avenue, 906 Portage Avenue, and 736 California, South Bend, Indiana, and which is more particularly described as follows: That part of the Northeast and Southeast Quarters of Section 2, Township 37 North, Range 2 East, Portage Township, City of South Bend, St. Joseph County, Indiana which is described as: Lots # 113, # 114, # 115 and Lot # 112 of the Plat of "Shetterley Place 3`d Plat" now a part of the City of South Bend as recorded in Plat Book # 5, on Page # 60 in the records of the St. Joseph County, Indiana Recorder's office, excepting the East 35 feet of said Lot # 112, Lot "A ", Lot # 33 of the Plat of "Shetterley Place 2 "d Plat" to the City of South Bend as recorded in Plat Book # 5 on Page # 44 in the records of said Recorder's office. Containing 0.96 acres more or less. Subject to all legal highways, easements and restrictions of record. and which has Key Numbers 018 - 1060 -2535, 018 - 1060 -2536 and 018 - 1062 -2658, at this point and time, be designated as an Economic Revitalization Area under the provisions of Indiana Code § 6 -1.1 -12.1 et SeMc ., and South Bend Municipal Code Sections 2 -76 et seq., and; WHEREAS, the Department of Community Investment has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as an Economic Revitalization Area under Indiana Code § 6 -1.1 -12.1, et SeMc ., and South Bend Municipal Code Sections 2 -76, et SeMc ., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and WHEREAS, the Community Investment Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as an