Confirming Tax Abatement - Exacto, Inc. of South Bend 1137 S. LaFayette Blvd. (5 Year Personal Property)

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RESOLUTION NO. 33bo`o A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1137 SOUTH LAFAYETTE BLVD. AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR EXACTO, INC. OF SOUTH BEND 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 declared an area commonly known as 1137 South Lafayette Blvd., South Bend, Indiana, and which is more particularly described as follows: Beginning at the SW corner of Lot 7, Stull's Second Edition; thence N along the E Right - of -way of an alley a distance of 336.06 Feet + or — to a point; said point being the NW corner of the S %z of Lot 64, South Bend City Edition; thence E along the northern Boundary of said % of lot 64 which is on the Western right -of way of Lafayette Blvd.; thence S a distance of 275 feet + or — to the SE corner of Lot 6, Stull's Second Edition; thence, W A Distance of 125 feet to a point; thence S 66 feet to a point; thence, W 40 feet to a point of beginning. All being within the city of South Bend, Country of St. Joseph, State of Indiana. which has Key Numbers 18- 8006 -0288, 18- 8002 -0115, 18- 8006 -0282, 18- 8006 - 028201, 18- 8006 -0285, 18- 8006 - 028501 and 18- 8002 -0116 as an Economic Revitalization Area; under the provisions of Indiana Code 6 -1.1 -12.1 et sM., and South Bend Municipal Code Sections 2 -76 et sea., 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