Designating Tax Abatement - Cleland Builders, Inc. Various Addresses in Jade Crossing Subdivision, Section 2 (5 Year Residential Property)

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TO THE COMMON COUNCIL OF THE CITY OF SOUTH BEND: Your Committee of the Whole, to whom was referred: BILL NO. 04 -69 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 4415, 4405, 4337, 4327, 4324, 4332, 4340, 4339 JADE CROSSING DRIVE, 4628, 4620, 4614, 4606, 4548, 4540, 4532 ARCACIA PLACE, 4324, 4330, 4338, 4333, 4327 TURQUOISE TRAIL DRIVE, 4535, 4525 CHERRY POINTE DRIVE, 4315 JADE CROSSING DR. OR 4635 ACACIA PLACE, 4318 TURQUOISE TRAIL DRIVE OR 4527 ACACIA PLACE, 4346 TURQUOISE TRAIL DRIVE OR 4524 CHERRY POINTE DRIVE, 4542 CHERRY POINTE DRIVE OR 4347 TURQUOISE TRAIL DRIVE, 4315 TURQUOISE TRAIL DRIVE OR 4545 ACACIA PLACE, 4316 JADE CROSSING DRIVE OR 4611 ACACIA PLACE, 4348 JADE CROSSING DRIVE OR 4608 CHERRY POINTE DRIVE AND 4408 JADE CROSSING DRIVE OR 4609 CHERRY POINTE DRIVE, JADE CROSSING SUBDIVISION, SECTION TWO, AS RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR CLELAND BUILDERS, INC. Respectfully report that they have examined the matter and that in their opinion, this bill is being recommended to the full Council with a favorable recommendation as amended on the floor by changing the name Arcacia in line 7 to Acacia. Sean Coleman Chairman