Confirming Tax Abatement - Schafer Industries Inc. 4701 Nimtz Parkway (5 Yr. Real Property)

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RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 4701 Nimtz Parkway AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR SCI � �vAF-E INDL`S'iR1I'S, INC. WHEREAS, the Common ::'o1;acil of the City of South Bend, Indiana, has adopted a Declaratory Resolution designathig certain areas within the City as Economic Revitalization Areas for the purpose of tax abater :;,n consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as 4701 Nimtz Parkway, South Bend, Indiana, and which is more particularly described as follows: A part of the Southeast Quarter (SE %) of Section 20 and part of the Southwest Quarter (SW' /<) of Section 21, Township 38 North, Range 2 East, situated in German Township, St. Joseph County, State of Indiana, and being more particularly described as follows: Lots number ten (10) and eleven (11) as shown on the recorded plat of H.G. Baus Centre — Phase One, recorded March 16, 1995 os document Number 9507104 in the Office of the Recorder of St. Joseph County, Indiana . and which has Key Number 02 - "ii)10- 0;6102 be ; ?esignated as an Economic Revitalization Area; and WHEREAS, notice of the adoption of a Declarai:iry Resolution and the public hearing before the Council has been public' :d purs,,ant to ine..iana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearint, for the purposes of hearing all remonstrances and objections from ime—sted persons; and WHEREAS, the Council has determined that the qualifications for an economic revitalization area have been met.