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to the right and arc distance of 32.01 feet more or less to the end of a chord which bears S. <br />83( - 21' -09" E. and having a distance of 31.94 feet more or less; thence S. 00( - 03' -37" W., <br />558.85 feet more or less; thence N. 89( - 59' -49" W., 210.59 feet more or less to the point of <br />beginning. Containing 4.84 acres more or less. Subject to all legal highways, easements and <br />restrictions of record. <br />and which has Key Number 18- 3061 -2351, as an Economic Revitalization Area; and <br />WHEREAS, notice of the adoption of a Declaratory Resolution and the public hearing <br />before the Council has been published pursuant to Indiana Code 6- 1.1- 12.1 -2.5; and <br />WHEREAS, the Council held a public hearing for the purposes of hearing all remonstrances <br />and objections from interested persons; and <br />WHEREAS, the Council has determined that the qualifications for an economic <br />revitalization area have been met. <br />NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South <br />Bend, Indiana, as follows: <br />SECTION I. The Common Council hereby confirms its Declaratory Resolution designating <br />the area described herein as an Economic Revitalization Area for the purposes of tax <br />abatement. Such designation is for Real property tax abatement only and is limited to two <br />(2) calendar years from the date of adoption of the Declaratory Resolution by the Common <br />Council. <br />SECTION II. The Common Council hereby determines that the property owner is qualified <br />for and is granted Real property tax deduction for a period of six (6) years, and further <br />determines that the petition complies with Chapter 2, Article 6, of the Municipal Code of <br />the City of South Bend and Indiana Code 6- 1.1 -12 et seq. <br />SECTION III. This Resolution shall be in full force and effect from and after its adoption <br />by the Common Council and approved by the Mayor. <br />PRESENTED G� —a —Q <br />NOT APPROVED <br />ADOPTED \ —g —(33 <br />Member of the Comm n Council <br />$n clerics dSft@ <br />AUG 1 5 2001 <br />LOWIM . A <br />W°891si�d: , <br />