Confirming Tax Abatement - Stanz Cheese Co. Inc. D/B/A Stanz Foodservice Inc. Lot 5 U.S. 31 Industrial Park Phase II (10 Year Real Property)

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RESOLUTION NO. 31 0 ` 0� A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS LOT 5 IN THE U.S. 31 INDUSTRIAL PARK, PHASE II AS AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A TEN (10) YEAR REAL PROPERTY TAX ABATEMENT FOR STANZ CHEESE CO., INC. D /B /A STANZ FOODSERVICE, INC. WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Economic Revitalization Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area commonly known as Lot 5 in the U.S. 31 Industrial Park, Phase II, South Bend, Indiana, and which is more particularly described as follows: A PART OF THE SOUTHWEST QUARTER OF SECTION 17, TOWNSHIP 38 NORTH, RANGE 2 EAST, GERMAN TOWNSHIP, CITY OF SOUTH BEND, ST. JOSEPH COUNTY, INDIANA: LOT 5, AS SAID LOT IS KNOWN AND DESIGNATED ON THE PRIMARY PLAT OF U.S. 31 INDUSTRIAL PARK, PHASE II, MORE PARTICULARLY DESCRIBED AS FOLLOWS: COMMENCING AT A 1 INCH PIPE MARKING THE SOUTHWEST CORNER OF SAID SECTION 17, THENCE SOUTH 89 DEGREES 58'26" EAST, ON THE SOUTH LINE OF SAID SECTION 17, A DISTANCE OF 1303.60 FEET; THENCE NORTH ZERO DEGREES 12'42" WEST, ON THE EAST LINE OF THE WEST HALF OF THE SOUTHWEST QUARTER OF SAID SECTION 17, A DISTANCE OF 1526.61 FEET TO THE POINT OF BEGINNING; THENCE NORTH 89 DEGREES 57'04" WEST, 649.13 FEET TO A 5/8 INCH BAR AND CAP; NORTHWESTERLY, ALONG A 380.00 FOOT RADIUS CURVE TO THE LEFT, AN ARC LENGTH OF 191.96 FEET (SUBTENDED BY A CHORD BEARING NORTH 23 DEGREES 19'13" WEST, A DISTANCE OF 189.93 FEET) TO A 5/8 INCH BAR AND CAP; THENCE NORTH 37 DEGREES 47'32" WEST, 103.76 FEET TO A 5/8 INCH BAR AND CAP; THENCE