Confirming Tax Abatement - South bend Heritage Foundation 1227 W. Colfax ave, 1008 W. Jefferson Blvd. and 1015 W. Jefferson Blvd. (5 Year Residential Property)

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RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION 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. RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR SOUTH BEND HERITAGE FOUNDATION WHEREAS, the Common Council of the City of South Bend, Indiana, has adopted a Declaratory Resolution designating certain areas within the City as Residentially Distressed Areas for the purpose of tax abatement consideration; and WHEREAS, a Declaratory Resolution designated the area 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: Leal 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; and WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; and WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for a residentially distressed area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend, Indiana, as follows: