Designating Tax Abatement - Lots 100 through 106 Ireland Woods Subdivision Sec. 2 Part 1 - Ullery Development, LLC. (5 Year Residential Property)

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RESOLUTION NO. 3 5 2-3 -?)r 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 LOTS NUMBERED 100 THROUGH 106, Ireland Woods Subdivision, Section Two, Part One AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR Ullery Development, LLC WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement have been submitted to and 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 Lots numbered 100 through 106 Ireland Woods Subdivision, Section Two, Part One, South Bend, Indiana, and which is more particularly described as follows: Street Address: Legal Description: Key Number: 1809 Overlook Ct. Lot 100 Ireland Woods Subdivision 23- 1040 - 223202 1870 Overlook Ct. Lot 101 Ireland Woods Subdivision 23- 1040 - 223203 1825 Overlook Ct. Lot 102 Ireland Woods Subdivision 23 -1040- 223204 1833 Overlook Ct. Lot 103 Ireland Woods Subdivision 23 -1040- 223205 1841 Overlook Ct. Lot 104 Ireland Woods Subdivision 23- 1040 - 223206 1849 Overlook Ct. Lot 105 Ireland Woods Subdivision 23 -1040- 223207 1857 Overlook Ct. Lot 106 Ireland Woods Subdivision 23 -1040- 223208 be designated as a Residentially Distressed Area under the provisions of Indiana Code 6- 1.1 -12.1 et sca., and South Bend Municipal Code Sections 2 -76 et sea., and; WHEREAS, the Department of Community and Economic Development has concluded an investigation and prepared a report with information sufficient for the Common Council to determine that the area qualifies as a Residentially Distressed Area under Indiana Code 6 -1.1 -12.1, et SeMc ., and South Bend Municipal Code Sections 2 -76, et sea., 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 and Economic Development Committee of the Common Council has reviewed said report and recommended to the Common Council that the area qualifies as a Residentially Distressed Area.