Designating Tax Abatement - Near Northwest Neighborhood, Inc. 1030 Portage Ave. & 919 Leland Ave. (5 Year Residential Property)

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RESOLUTION NO. 3 21 y-0-3 A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 1030 PORTAGE AVENUE AND 919 LELAND AVENUE RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR NEAR NORTHWEST NEIGHBORHOOD, 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 1030 Portage Avenue and 919 Leland Avenue, South Bend, Indiana, and which are more particularly described as follows: Street Address: Legal Description: Key Number: 1030 Portage Avenue Lot 2 Portage PK 1s` 18- 1063 -2717 919 Leland Avenue Lot 99 & 100 40ft N end 18- 1062 -2642 Ea Shetterly PL 3rd be designated as a Residentially Distressed Area; 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 ofhearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for aresidentially distressed area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council ofthe City of South Bend, Indiana, as follows: SECTION I. The Common Council hereby determines and finds that the petition for real property tax abatement and the Statement of Benefits form meet the requirements of Indiana Code 6 -1.1 -12.1 et sea., for tax abatement.