Confirming Tax Abatement - South Bend Heritage Foundation, Inc. 1309, 1325, 1329, 1405, & 1408 W. Washington St. (5 Year Residential Property)

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RESOL UTION NO. 3 3 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTHBEND, INDIANA, COMMONLYKNOWNAS 1309, 1325, 1329, 1405 & 1408 W. WASHINGTON STREET AS RESIDENTIALLYDISTRESSED AREAS FOR PURPOSES OFA FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR SOUTHBEND HERITAGE FOUNDATION, INC. 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 1309, 1325, 1329, 1405 and 1408 W. Washington St., South Bend, Indiana, and which are more particularly described as follows: Street Address: 1309 West Washington 1325 West Washington 1329 West Washington 1405 West Washington 1408 West Washington Leeal Description: Lot "E" SBHF Replat Lot "B" SBHF Replat Lot "A SBHF Replat Lot 2 Sarah J Stover's Sub Lot 2 Kirby's Sub of Bol 83 be designated as a Residentially Distressed Area; and Key Number: 18- 1045 - 1960.01 18 -1045 -1955 18 -1045 -1953 18 -1048- 2080.01 18- 3075 -2964 WHEREAS, notice ofthe adoption ofa Declaratory Resolution and thepublic 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 Pave been met.