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RESOLUTION NO. 331+04 <br />A RESOLUTION CONFIRMING THE ADOPTION OF A <br />DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS <br />WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY <br />KNOWN AS <br />2820 VIRIDIAN DRIVE <br />AN ECONOMIC REVITALIZATION AREA FOR PURPOSES OF A <br />FIVE (5) YEAR PERSONAL PROPERTY TAX ABATEMENT FOR <br />MACK TOOL & ENGINEERING, INC. <br />WHEREAS, the Common Council of the City of South Bend, Indiana has adopted <br />a Declaratory Resolution designating certain areas within the City as Economic <br />Revitalization Areas for the purpose of tax abatement consideration; and, <br />WHEREAS, a Declaratory Resolution declared an area commonly known as 2820 <br />Viridian Drive, South Bend, Indiana, and which is more particularly described as follows: <br />A part of the Southeast Quarter of Section 28, Township 38 North, Range 2 East, <br />of the Second Principal Meridian, City of South Bend, St. Joseph County, Indiana and <br />described as follows: <br />Commencing at the Northeast corner of the Southeast Quarter of said Section 28, said <br />point being at the intersection of Bendix and Boland Drives; thence South 8958'56" West <br />(bearing assumed) along the Southerly right -of -way line of Boland Drive 1242.51 feet to <br />the Point of Beginning; thence South 0021'33" West, 293.00 feet; thence South 8958'56" <br />West, 260.00 feet; thence North 0021'33" East, 293.00 feet; thence North 8958'56" East, <br />260.00 feet to the Point of Beginning and containing 1.75 acres, more or less; and is <br />subject to all easements, restrictions and/or covenants of record. <br />and which has Key Number 25- 1010 - 040029 as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public <br />hearing before the Council has been published pursuant to Indiana Code 6 -1.1- 12.1 -2.5; <br />and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all <br />remonstrances and objections from interested persons; and <br />