Designating Tax Abatement - South Bend Heritage Foundation 1227 W. Colfax Ave, 1008 W. Jefferson Blvd. and 1015 W. Jefferson Blvd (5 Year Residential Real Property)

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RESOLUTION NO. 3 y 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 1227 WEST COLFAX AVE., 1008 WEST JEFFERSON BLVD., AND 1015 WEST JEFFERSON BLVD. AS A RESIDENTIALLY DISTRESSED AREA FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION WHEREAS, a Statement of Benefits and a petition for residential real property tax abatement has 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 areas commonly known as 1227 West Colfax Ave., 1008 West Jefferson Blvd., and 1015 West Jefferson Blvd., South Bend, Indiana, and which are more particularly described as follows: Street Address: Legal Description: Key Number: 1227 W. Colfax Ave. Lot 81 Commissioner Sub 18- 1044 -1883 of BOL 79 1008 W. Jefferson Blvd. 49 feet north end except 8.27 feet east 18- 3068 -2648 side Lot 11 and 39.2 feet south end Lot 11 Wall and Hines Sub of BOL 90 1015 W. Jefferson Blvd. Lot 6 Wall and Hines Sub of BOL 90 18- 3068 -2638 be designated as a Residentially Distressed Area under the provisions of Indiana Code 6- 1.1 -12.1 et seq., and South Bend Municipal Code Sections 2 -76 et seo., 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 sue., and South Bend Municipal Code Sections 2 -76, et seq., and has further prepared maps and plats showing the boundaries and such other information regarding the area in question as required by law; and