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RESOLUTION NO. 4 3 Z`-/ - <br />A RESOLUTION OF THE COMMON COUNCIL OF THE <br />CITY OF SOUTH BEND DESIGNATING CERTAIN AREAS WITHIN <br />THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS <br />5024 West Western Avenue <br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF UP TO A <br />SEVEN (7) YEAR REAL PROPERTY TAX ABATEMENT FOR <br />BRIARCLIFF HEALTHCARE <br />WHEREAS, a petition for real property tax abatement has been filed with the City Clerk <br />for consideration by the Common Council of the City of South Bend, Indiana requesting that the <br />area commonly known as 5024 West Western Avenue, South Bend, Indiana, and which is more <br />particularly described as follows: <br />575.01' on Western Beg <br />300' West of Line <br />Summit Drive <br />Sec 8 37 2e <br />and which has Key Number 018-4129-504311 be designated as an Economic Revitalization Area <br />under the provisions of Indiana Code § 6 -1.1 -12.1 et sec., and South Bend Municipal Code <br />Sections 2 -76 et sue., and; <br />WHEREAS, the Department of Community Investment has concluded an investigation <br />and prepared a report with information sufficient for the Common Council to determine that the <br />area qualifies as an Economic Revitalization Area under Indiana Code § 6 -1.1 -12.1, et sue., and <br />South Bend Municipal Code Sections 2 -76, et sM., and has further prepared maps and plats <br />showing the boundaries and such other information regarding the area in question as required by <br />law; and <br />WHEREAS, the Community Investment Committee of the Common Council has <br />reviewed said report and recommended to the Common Council that the area qualifies as an <br />Economic Revitalization Area. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />