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FEET, (6) THENCE NORTH 81 DEGREES 58 MINUTES 30 SECONDS EAST, A DISTANCE OF <br />182.70 FEET TO THE SOUTHWEST CORNER OF LOT NUMBER 185 IN LAFAYETTE FALLS <br />SUBDIVISION, SECTION TWO, RECORDED UNDER INSTRUMENT NUMBER 0451995 IN THE <br />OFFICE OF SAID RECORDER; THENCE THE NEXT TWO COURSES ALONG THE <br />BOUNDARY OF SAID LAFAYETTE FALLS SUBDIVISION, SECTION TWO: (1) NORTH 83 <br />DEGREES 42 MINUTES 21 SECONDS EAST, A DISTANCE OF 67.54 FEET, (2) THENCE <br />SOUTH 56 DEGREES 29 MINUTES 48 SECONDS EAST, A DISTANCE OF 150.76 FEET TO A <br />POINT ON THE BOUNDARY OF LAFAYETTE FALLS, PHASE III, SECTION TWO AS <br />RECORDED UNDER INSTRUMENT NUMBER 0811195 IN THE OFFICE OF SAID RECORDER; <br />THENCE NEXT FOUR COURSE ALONG THE BOUNDARY OF SAID LAFAYETTE FALLS, <br />PHASE III, SECTION TWO: (1) SOUTH 03 DEGREES 49 MINUTES 12 SECONDS EAST, A <br />DISTANCE OF 84.83 FEET; (2) THENCE SOUTH 25 DEGREES OS MINUTES 08 SECONDS <br />WEST, A DISTANCE OF 170.00 FEET; (3) THENCE SOUTH 49 DEGREES 57 MINUTES 33 <br />SECONDS WEST, A DISTANCE OF 90.86 FEET; (4) THENCE SOUTH 34 DEGREES 39 <br />MINUTES 21 SECONDS EAST, A DISTANCE OF 422.72 FEET TO THE SOUTH LINE OF SAID <br />NORTHWEST QUARTER; THENCE NORTH 89 DEGREES 19 MINUTES 47 SECONDS WEST, A <br />DISTANCE OF 2123.00 FEET TO THE WEST LINE OF SAID NORTHWEST QUARTER; <br />THENCE NORTH 00 DEGREES 16 MINUTES 41 SECONDS EAST ALONG SAID WEST LINE, A <br />DISTANCE OF 557.10 FEET TO THE POINT OF BEGINNING; SAID DESCRIBED TRACT <br />CONTAINING 29.118 ACRES, MORE OR LESS. <br />SUBJECT TO ANY EASEMENTS, COVENANTS, RESTRICTIONS, AND RIGHT OF WAY OF <br />RECORD. <br />and this property which has Parent Parcel Tax Key Number 23-1002-0022.01 be designated as a <br />Residentially Distressed Area under the provisions of Indiana Code 6-1.1-12.1 et sea., and South <br />Bend Municipal Code Sections 2-76 et seq., and; <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6-1.1-12.1-2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for a residentially <br />distressed azea have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby determines and finds that the petition for real <br />property tax abatement and the Statement of Benefits form meet the requirements of Indiana <br />Code 6-1.1-12.1 et seq., for tax abatement. <br />SECTION II. The Common Council hereby determines and finds that the azea meets one of the <br />following conditions as formally established in Ordinance No. 9394-03, which was passed on <br />February 10, 2003: <br />5 <br />