Confirming Tax Abatement - Tiberius Mihalache 3102 & 3108 Northside Blvd. (5 Year Residential Property)

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RESOLUTION NO. A RESOLUTION CONFIRMING THE ADOPTION OF A DECLARATORY RESOLUTION DESIGNATING CERTAIN AREAS WITHIN THE CITY OF SOUTH BEND, INDIANA, COMMONLY KNOWN AS 3102 AND 3108 NORTHSIDE BOULEVARD RESIDENTIALLY DISTRESSED AREAS FOR PURPOSES OF A FIVE (5) YEAR RESIDENTIAL REAL PROPERTY TAX ABATEMENT FOR TIBERIUS MIHALACHE 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 3102 and 3108 Northside Boulevard, South Bend, Indiana, and which are more particularly described as follows: Lot Numbered Thirty-four (34) and Thirty-five (35) as shown on the Recorded Plat of Corporan and Duck Subdivision of Lot Numbered Three Hundred and Seventy-eight (378) in Fordham Addition to River Park, now within and a part of the City of South Bend, St. Joseph County, Indiana, recorded in Plat Book 10, page 78, excepting therefrom the Easterly 17 feet of Lot Numbered Thirty-four (34). and this property has Key Numbers 18- 6052 -1722 and 18- 6052 -1723, 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 of hearing all remonstrances and objections from interested persons; and WHEREAS, the Council has determined that the qualifications for a residentially distressed area have been met. NOW, THEREFORE, BE IT RESOLVED by the Common Council of the City of South Bend,